Hundreds of investors and retirees from Shanghai swamped China Evergrande Group’s sales office on Chongming Island as the developer launched a new batch of homes at its Sea Venice project on Thursday for as little as 350,000 yuan.
Drawn by prices that are a fraction of those in Shanghai, hoards of potential buyers undertook the two-hour journey from the city on 75 coaches laid on by Evergrande as the developer released 500 new units at an average price of 6,100 yuan per square metre. The…
Source : South China Morning Post
Read more…Shanghai investors rush to buy homes at China Evergrande’s Chongming Island project















