Prices at luxury Shanghai property drop 24%

Real Estate

Friday, September 05, 2008 21:16:02

	Prices at luxury Shanghai property drop 24% By STAFF EDITOR Published: June 18, 2008 06:02 PM The average selling price for units in the luxury Yu Cui Hao Ting residential development on Changle Road in Shanghai’s Changning district tumbled 24.4% from $6,491 (RMB44,734) per square meter to $4,905 (RMB33,806) last week (June 9-15), China Business News reported, citing Shanghai Youwin ... You are currently reading 44 words of 134 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: real estate , 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 > Poly Real Estate revenues up 25% YTD Shanghai Industrial Holdings to spin-off non-core business Shanghai residential sales down, prices up Shanghai property investment up 7.6% through July Blackstone, VXL Capital set up mainland property management firm Morgan Stanley to sink RMB10b in China property market CB Richard Ellis acquires high-end Shanghai complex

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