In advising a client in selling his property outside of Shanghai, I was annoyed by local practice that seems so stupid.
I have sold quite a few properties here in Shanghai on behalf of foreign clients over the years. In Shanghai, things can be simple and straightforward. For example, when a person is registered as a single owner on a title deed of a property, he…
Though you may think otherwise of Shanghai property market, many people are starting losing confidence and thus selling their properties in China. The biggest sale is made by Asia No. 1 tycoon from Hong Kong, Li Ka Shing. He has sold several properties in Shanghai, indicating that he sensed a turning point to be coming soon.
But for individual foreign property…
I cannot help asking this question.
I have been bearish about China property market for long after the fanatic price hike in 2009, but it seems that I am always on the wrong side. But recent development and the common atmosphere felt turn me a bear again. Just now, a piece of news that Younger group (domestic giant garment/suit manufacturer) published an announcement …
