China Real Estate

Below is a brief bit of correspondence from a former colleague of mine in Shanghai, China commenting on Real Estate (m2 means Square Meter).



LinkedIn

wemin ji has sent you a message.

Date: 9/17/2010

Subject: RE: say hello

Regarding the real estate, I didn't know how to explain professionally. However each family is going to buy flats especially in big city like Beijing Shanghai , Guangzhou, as each year the price raise fast. For instance, my flat when I bought in at 5700rmb per m2,but now the sells price is reach to 20000rmb per m2.  Now each street in Shanghai you can find several estate agents on the same street , big or small( 2 or 3 persons can open one ),and sell and help rent flats and get commissions.  But in China it is few agent for commercial real estate, maybe it is too professional. As lost of agents comes from poor areas with very low education. they are not very professional and capable to do commercial real estate.    

On 09/16/10 3:34 AM, Buddy Sauter wrote:  --------------------  I am doing very well. Real estate here has been very very depressed and is only now starting the come out of the recession. I sell only commercial real estate and it has been especially hard hit. That said, we are still doing many deals and getting paid commissions so I am not to sad about it. It will only get better as our economy improves. Tell me more about China real estate. I am very curious.  

On 09/15/10 6:26 PM, wemin ji wrote:  --------------------  Hellko Buddy  How are you doing? Hope everything going well.  Real estate business in China is very good ,the price raised quickly.  how is in US.   Regards  ji wei min

 

What did you think of this article?




Trackbacks
  • No trackbacks exist for this post.
Comments
  • No comments exist for this post.
Leave a comment

Submitted comments are subject to moderation before being displayed.

 Name

 Email (will not be published)

 Website

Your comment is 0 characters limited to 3000 characters.