The following kinds of High-end Shanghai apartment will be most demanded on the market.
* high quality apartment in downtown area. Given the central location of the apartments, the supply of such apartments will be limited because there is not enough land to use in the downtown to build such apartments. However, at the same time and urban layout has been changing. Shanghai in going to build another 4 sub-centre for metropolis and with improved infrastructure and traffic network, the Shanghai apartment in these sub-centres will attract more people.
* villas in suburban areas. Since the government has issued several policies on limiting the land use for villa development, villas are always in short supply. As Shanghai is an international city and one of the financial centres in the Far East, its real estate market are open to the world. Many senior managers from multi-naitional companies, bankers, investors and elites come to live in Shanghai. They are not satisfied with living in Shanghai Apartment, they want to own villas which are a symbol of wealth and social status. With the rapid development of the city, the demand on villas has been higher and higher but the supply is always short. This situation is well reflected by the ever-growing price of the villas in Shanghai in the recent years.
* Thirdly, high-quality serviced Shanghai apartment. With the upgrading of urban industries in the Shanghai, more business people live or stay in Shanghai and more tourists come to visit Shanghai. Therefore, high-qualty serviced apartments are demanded by business people and tourists. They require the apartments to be in good environment, to be with good service and complete supporting facilities. This type of Shanghai apartment is actually the window f Shanghai. However, at present they are in a bitl over-supply, as they are facing the competition by hotels. * . Fourthly, old house in the city which are of historical significance. Those old houses, like the Siheyuan courtyard in Beijing, are of significant value, from both a historical, and an artistic point of view. Unlike modern Shanghai apartment, they are masterpieces of the old time, just like the Bund. There are about 400-500 such old houses scattered in Xuhui, Luwan, Jingan, and Chang Ning districts .They are the name card of Shanghai. In future, this market,unlike other Shanghai apartment market, will be developing in the way of an art investment market.
