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Article featured in Beijing This Month, August 2002
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Capital's Real-estate Fairs Lure Outsiders

2002/08/01

In recent years, Beijing's real-estate fairs have witnessed the promotion of an increasing number of properties from other cities, according to China Daily. Last year, two hotels in Qinhuangdao in northern China's Hebei Province were sold in Beijing. And recently, models of the Shanghai Shimao Binjiang Park and the No.1 Mansion in Shanghai Shimao Hubin Park, the first ecologically smokeless town in China, were exhibited in Beijing. More than 500 clients signed purchasing-intent letters.

At the most recent exhibition of properties from Zhuhai in southern China's Guangdong Province, 22 Zhuhai properties were shown, many of which were sold. At Beijing's summer house fair, also recently concluded, Golden Beach Park in Weihai, Shandong Province, rented several booths.

Developers from outside the Chinese capital say the trend for exhibiting such properties in Beijing is quite simply ascribed to the huge potential of the city's real-estate market.



 
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