Property Potential in Shanghai

Property Potential in Shanghai


Shanghai is the eighth largest city in the world, it has one of the world’s busiest ports, it is the most important cultural, industrial and commercial city in China, it is universally regarded as the bastion of China’s economy today - and according to the industry respected ‘Emerging Trends in Real Estate Asia Pacific 2007’ report from the Urban Land Institute and PricewaterhouseCoopers, it is one of the most exciting cities in the entire region for both property investment and development – in fact, the property potential in Shanghai is enormous.


The ‘Emerging Trends in Real Estate Asia Pacific 2007’ report is based on the informed opinions of property market professionals in the real estate markets of the Asia Pacific region. The Urban Land Institute and PricewaterhouseCoopers surveyed over one hundred and seventy five property investors, real estate developers, property company representatives, lenders, brokers and financial and property consultants for the report and they honed down their commentary and analysis to cover the most important nineteen cities in the region for the final report.

Out of the final nineteen cities selected as representing positive emerging trends in the Asia Pacific region Shanghai came in at position two, hot on the heels of Osaka in Japan. Shanghai only really lost out on first position because of conflicting confidences relating to the residential real estate market in the city. Property potential in Shanghai is great – according to the report’s contributors – but stick to the commercial market for the strongest and most sustainable profits and gains…

The retail sector of the commercial property market in Shanghai is enjoying a period of prosperity as the city’s residents become more affluent and the city itself is expanding to meet satellite towns whose populations further boost the retail market in Shanghai. Shopping in malls and boutiques that the city has in abundance is a popular pastime it seems and this is what has promoted strong numbers of report respondents to cite Shanghai’s retail market as offering great opportunity for both investors and developers. An almost unprecedented seventy percent of those interviewed for the ‘Emerging Trends in Real Estate Asia Pacific 2007’ clearly stated that retail property was a must buy in Shanghai.

Another surprise from Shanghai was the sentiment relating to its office sector. This is a sector that has already boomed and one about to potentially suffer from a surfeit of supply in the short term…but according to fifty nine percent of those interviewed for the report there is still room for growth in this sector.

Hot on the heels of confidence in Shanghai’s retail sector was confidence in both its emergence as a holiday/resort centre and its development as an industrial and distribution centre. Confidence in hotel and resort property was strong as was confidence in warehousing and logistics related real estate.

When it comes to property potential in Shanghai, focus was definitely favourable relating to the commercial marketplace with only a handful of the report’s contributors actively suggesting Shanghai’s residential and apartment property markets were hot. Residential falls down because of both supply and affordability issues - but for those seeking a market where there will always be demand for the right residential real estate Shanghai should remain an attractive choice.

Overall Shanghai is one of the most favoured cities in the Asia Pacific region for all levels of property investor and for developers seeking opportunities to utilise, which just reinforces the global view that property in China will emerge as a desirable commodity on so many levels.

Related Reports: Property News for China
China Real Estate Buying Guide
The real estate purchase process for foreign investors in China is complex therefore property investors require decent legal representation

China Property Investor’s Guide
With real estate buying in China now so popular the investment property market particularly in Shanghai is booming

China: The Property Investment Potential
China represents great property investment potential and the Chinese government is seeking to attract overseas investment into the property sector.

Property Reports
Listed By Country

Europe
Bulgaria
Croatia
Cyprus (South)
Cyprus (North)
Czech Republic
Estonia
France
Greece
Hungary
Italy
Latvia
Malta
Montenegro
Poland
Portugal
Romania
Russia
Serbia
Spain
Turkey
Ukraine

North America
Canada
Florida / USA

Australasia
Australia
New Zealand

Asia
China
Hong Kong
India
Malaysia
Singapore
Sri Lanka
Thailand
Vietnam

Middle East
Bahrain
Dubai
Egypt
Lebanon
Qatar

Africa
Ghana
Kenya
Morocco
South Africa

Central/South America
Belize
Brazil
Caribbean
Costa Rica
Mexico
Panama
Home | Property News | Property Reports | Mortgages | Books | Contact

© 2006 Amberlamb Overseas Property Guides | Privacy Policy