Shanghai tops property survey

   Date:2006/12/31

Shanghai ranks as the top city for retail property investment in the Asia-Pacific region.

The city ranks second only to Japan's Osaka as the market with best investment value among all 19 cities included in the survey. Shanghai ranked third in terms of market potential.

The retail sector is the number-one buy in Shanghai, which is propelled by growing affluence.

Development of satellite towns around Shanghai will further fuel retail demand.

Apart from the retail sector, industrial distribution property was also favored.

As China opens, more goods are transported along the Yangtze River, creating a need for a highly sophisticated and dependable supply channel.

On the other hand, office and residential property was less favored. Only 32 percent of respondents in the survey recommended buying a house or apartment.

Source:佚名

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