Help | Our Partners |
post now

Helping you navigate the urban jungle

Sort by
Real Estate Market: Commercial Bubble Next? read more
Jul-2nd-2012 | Post by expatree

(Originally posted on August 27, 2011)
Shanghai Landscape

With much being made of skyrocketing residential real estate prices in Shanghai, commercial property has received relatively scant attention. Conversation surrounding real estate has largely centered on the prospects of a burst in the housing bubble and preventative efforts taken by the government. 

Measures undertaken by the People’s Bank of China, such as increased reserve requirements and restrictions placed on second mortgages, have had relatively propitious effects and housing speculation has been attenuated. However, these measures have largely been limited to the residential market, with commercial prices continuing to increase and engendering fear of a commercial real estate bubble.

 

Shanghai’s office rental prices skyrocketed in 2010, increasing to an average of RMB 7.5 per m2per day. Buoyed by strong fundamentals (the city’s economy grew by 9.9% in 2010) and a continued inf

Total Record(s) :191 first << 30 31 32 33 34 35 36 37 38 39