Thu, Oct 2, 2014
A A A
Welcome hendrik.absolut
RSS

Real Estate Briefing - Categorized | Investment, Market Moves, Residential property Watch more

Home ownership dreams in booming Beijing

Posted on 09 January 2013

The BBC’s Beijing bureau looks at the housing market in the Chinese capital - and how many residents’ dreams exceed their reach. It was a bargain China’s zealous real estate buyers couldn’t refuse: at the East Asia Impressions Lake compound in suburban Beijing, apartments were selling for just 13,000 yuan ($2,086; £1,282) per square metre.
Similar apartments located closer to Beijing’s central business district cost approximately 20,000 yuan per square metre, according to Savills, a global real estate broker. In comparison, an average flat near London’s financial centre costs 50,000 yuan, while in New York the figure rises to a whopping 68,000 yuan………………………………………..Full Article: Source


 Article link

This post was written by:

Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


Contact the author

Comments are closed.

banner
October 2014
M T W T F S S
« May    
 12345
6789101112
13141516171819
20212223242526
2728293031