Pow's Comments


1 Hard to Buy a House in Shanghai

Hi all,

I am new to Shanghai and the housing market. Very glad to know that many people here have experiences with buying apartments.

I heard that many people in Shanghai are now moving into new residential enclaves like those built by Vanke. The last time I visited Shanghai, i noticed that most of these private housing estates are enclosed by gates/fences and patrolled by security guards 24 hours a day.

Is Shanghai so "unsafe" that many people are moving into these new guaded homes? My Shanghai friends say that these new gated housing in new 'xiao qu' is very popular now in China. Does anyone know why Shanghai residents are choosing to move into these gated premises? Maybe it is security but also prestige! I must say some of Vanke's housing are very high quality too...Thanks!
Posted by Pow at 2003-11-24 11:32:48. More