Shanghai Has Become The First Luxury Brand Gathering Place In The Asia Pacific Region.

When it comes to luxury brands and world brands, the attraction of many cities in the mainland has gradually increased their attractiveness, especially in Shanghai.

At the end of 2014, CB Richard Ellis made statistics on the penetration of 52 international high-end brands in the major cities in the Asia Pacific region. Data show that Shanghai's international high-end brand richness has surpassed Hongkong, ranking first in the Asia Pacific region, and Beijing and Chengdu in seventh and ninth places respectively.

From the Research Report of World Bank Richard Henry,

The rate of expansion in China has not slowed down, while those with more accurate and popular brands have increased by 47%.

Small brands that will not be bought in Hongkong may be found in Shanghai, and Shanghai will also become the best inheritors of the golden dress of "shopping paradise".

However, when Shanghai's Nanjing West Road business circle, Lujiazui business circle and Huaihailu Road business circle become the next Hongkong central.

Will Shanghai's housing prices be comparable to that of Hongkong?

The support of lattice comes first from paction.

Five times in China this year

The four reduction, the cancellation of the loan restriction policy and the lowering of the loan interest rate of the first suite all raised the expectation of the buyers on the future trend of the property market and released the demand for housing.

The stock market turbulence and the devaluation of the renminbi also make housing once again become the best hedge tool.

The improvement of the quality of life of residents will bring about the replacement tide of improved housing.

All these factors have stimulated the active property market in Shanghai this year, and turnover has reached a record high.

"If the direction of policy has not changed, Shanghai's residential market has entered an upswing this year.

In the next five years, the price of Shanghai's housing will rise sharply, and the growth of housing prices in the core area will continue to outperform the gross domestic product.

Savills

Zhu Zhaorong, vice chairman of the board, said that although many people think that Shanghai's housing prices are already too high and there are bubbles, I think Shanghai's housing market is still rising.

A data also shows that the secondary residential sales price index in Shanghai's main urban area rose 15.06% in October.

Price Zhu Zhaorong believes that Hongkong, Singapore and Tokyo are all faced with slow economic growth in Asia, and the price is too high.

But Shanghai is still full of vitality and potential, and in terms of global financial market influence, Shanghai has been able to shoulder shoulder to shoulder with Hongkong, London and New York.

As a financial city, the appreciation of land and property prices in the core area is beyond reproach. This is also a sign of the healthy development of urban economy.