Jingan Luxury Homes and villas
Jingan Luxury Property Search
Jingan district is one of the central districts in Shanghai, with inhabitation of 305,766 and area of 7.62 kilometers square. It ranked as one of the most densely populated area in China. Its economic growth and industrial developments are rapidly and continuously increasing. In just three years, the complete stock has escalated for approximately 320%. West Nanjing Road is one of the most prosperous and premier shopping districts. It has attracted thousands of visitors every year.
Early Bitcoin adopters from China who have now become millionaires are funneling some of their wealth out of their country by investing in real estate.
Property prices in Beijing and Shanghai fell by 0.3 percent between November 2016 and November 2017 after years of double-digit growth.
China's property market continued to show signs of cooling as home prices fell or posted slower growth in major cities amid tough control policies.
Prices of residential sites in Asia increased by 1.9% in the first half of 2016, down from 2.8% in the preceding six months.
China will cut the minimum downpayment for some home purchases in smaller cities in a bid to revive the sluggish property market and a slowing economy.
China’s property bubble is bound to burst as the government’s efforts to clear the pile-up of unsold flats is unlikely to work, say market experts.