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High-end Office Apartment Sales Booming

12/3/2013

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High-end Office Apartment Sales Booming





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Local sales of high-end office apartments are booming as many property investors shift their focus toward office housing amid regulations that restrict home purchases, Shenzhen Economic Daily reported Saturday.


Most high-end office apartments in the city are selling for 50,000 yuan (US$8,045) to 100,000 yuan per square meter. Midland Realty researcher Xu Feng said the office properties are targeting a small market of wealthy property investors and would not greatly affect the city’s overall home market.


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