Property News · November 27, 2019

Small subdivided flats in Shanghai’s European heritage homes a hit among young homebuyers looking for central location


Young homebuyers in Shanghai are choosing subdivided flats in European heritage houses in the city’s former international settlement districts over newer developments, according to market observers.Sales of heritage houses, including those of entire 200 square metre to 300 square metre villas and subdivided small homes in such houses, is still a niche market, making up about 5 per cent of total transactions in the city. What has changed is tastes among local buyers, especially those born after…

Source : South China Morning Post
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