Few Buyers Interested In The Most Expensive Apartments In Shanghai

SHANGHAI, CHINA - JULY 18: (CHINA OUT) Apartment blocks of Tomson Riviera, the most expensive apartment project in Shanghai which developed by Hong Kong's Tomson Group, are seen on July 18, 2006 in Shanghai, China. Flats in one block, which was completed last October, start from 38 million yuan (US$4.75 million) and run to 190 million yuan (US$23.75 million), but in the whole of last month only one apartment was sold. The firm is going to promote the property in New York, London, Dubai, Singapore, and several other countries. In some areas in Shanghai, property prices have dropped by about a third in just a few months. (Photo by China Photos/Getty Images)
SHANGHAI, CHINA - JULY 18: (CHINA OUT) Apartment blocks of Tomson Riviera, the most expensive apartment project in Shanghai which developed by Hong Kong's Tomson Group, are seen on July 18, 2006 in Shanghai, China. Flats in one block, which was completed last October, start from 38 million yuan (US$4.75 million) and run to 190 million yuan (US$23.75 million), but in the whole of last month only one apartment was sold. The firm is going to promote the property in New York, London, Dubai, Singapore, and several other countries. In some areas in Shanghai, property prices have dropped by about a third in just a few months. (Photo by China Photos/Getty Images)
Few Buyers Interested In The Most Expensive Apartments In Shanghai
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Credit:
China Photos / Stringer
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71482904
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Getty Images News
Date created:
18 July, 2006
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