New apartments rare in downtown Shanghai

Real Estate

Thursday, September 04, 2008 21:19:05

	New apartments rare in downtown Shanghai By STAFF EDITOR Published: November 29, 2007 12:00 PM Only 3,844 new apartments were available for sale in Shanghai’s Inner Ring area as of Wednesday, suggesting a housing price hike could be around the corner, the Oriental Morning Post reported. Huangpu district had just 177 new apartments on the market, while Luwan district only had 27 available. A total of 18,837 new apartments covering a total floor area of 2.5 million square meters ... You are currently reading 62 words of 188 total words in this article. To continue reading this article, you must be a subscriber. Log in now. Buy this article now for $10 USD. Not a subscriber? Start your 7-day free trial now. bookmark \| digg \| Permalink \| Tell a Friend Tags for this article: investment , property market , residential	More Articles in Real Estate > Today’s Daily Briefs E-Mail Sign up for a roundup of the day’s top stories, sent every day. RELATED ARTICLES > Shanghai Industrial Holdings to spin-off non-core business Morgan Stanley to sink RMB10b in China property market Shanghai residence prices down 24% from June Wuxi commercial property targets global investors Shanghai residential sales down, prices up Shanghai property investment up 7.6% through July Blackstone, VXL Capital set up mainland property management firm

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