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Real Estate Development in China...you've got to see it to believe it.

By
Real Estate Agent with HI Pro Realty LLC RB-21531 RS-76763

For those of you who have been to China lately you know what I'm talking about, the urban Real Estate Market in China is beyond description, the shear scale and breadth of which far out weighs anything the world has ever seen and quite possibly ever will.

From Beijing to Shanghai, Guangzhou to Hong Kong the Urban landscapes of China, to put it mildly, are gargantuan. The rising steel and glass skyscrapers are of monolithic proportions with cities competing for the tallest and grandest structures ever built; all of which are shrouded in an almost perpetual haze of pollution. Not surprisingly China's rising list of billionaire's are mostly Real Estate developers. Riddley Scott's vision of the future is here in China. Welcome to the world of megastructures...

 

Shanghai on a sunny day.   

 

Pudong Skyline, was swamp land 20 years ago...    

 

The largest, for the moment, suspension bridge in the world, Shanghai.

 

The former tallest just in front of the soon to be tallest building, the Shanghai World Financial Center

Massive swaths of older portions of cities are demolished, literally scraped to make way for modernity, talk about eminent domain. The only catch is the government relocates millions in a blink of an eye without compensation or restitution.

to be continued...

Please visit www.RealEstateDesignOnLine.com

Please join my hui Aloha'Oe

Photos by Kimo Stowell Copyright ©2008

Posted by

Crypto Certified Agent - By Propy 

HI Pro Realty LLC

REALTORS®, PROPERTY MANAGERS® 

We are a boutique brokerage firm offering responsive, dedicated, and professional Real Estate Sales and Pet Friendly Management Services in Honolulu, Hawai'i. 

 

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Comments (8)

Mara Hawks
First Realty Auburn - Auburn, AL
Inactive-2012 REALTOR - Homes for Sale Auburn Real Estate, AL
These are amazing pics. My grandmother lived the first 18 years of her life in Shanghai. Her father was a doctor, built a hospital, & taught at the University. I'm sure they wouldn't believe how it looks today!
Mar 21, 2008 01:34 PM
Mihaela Stoops
Aloha Realty Group - Lahaina, HI
REALTOR - Broker, Your Maui Real Estate Professional

Aloha Kimo!

very interesting post. I think we all need to share more information about other markets.  I started a group called International Real Estate. Do you want to post there as well?

I would love to read Part II of your account. How much property costs? Can foreigners by land?

 

Mar 21, 2008 01:46 PM
Kimo Stowell
HI Pro Realty LLC RB-21531 - Honolulu, HI
REALTOR Associate® RS-76763 - Honolulu Hawai'i

Aloha Mihaela, Thank you.

Aug 23, 2008 02:13 PM
Sharon Simms
Coastal Properties Group International - Christie's International - Saint Petersburg, FL
St. Petersburg FL - CRS CIPS CLHMS RSPS

Aloha, Kimo. Mahalo for the interesting photographs. The skyscrapers are interesting. Do you get to Shanghai often?

Aug 30, 2008 02:36 PM
Kimo Stowell
HI Pro Realty LLC RB-21531 - Honolulu, HI
REALTOR Associate® RS-76763 - Honolulu Hawai'i

Aloha Sharon, no I don't go often but I'm hoping to go again this fall/winter.

Sep 06, 2008 01:49 PM
Pete Jalbert
The Maui Real Estate Team, Inc. - Paia, HI
R(S)

Pretty crazy. It looks like Dubai on steroids. The air pollution in the pictures is pretty staggering.

Sep 08, 2008 03:15 PM
Anonymous
Joe

Been there 25 times in the last two years. Pics are nice, but been there done that, developing real estate. What else do you have to offer on this blog? I don't see any value add. Talk about the government role or the tender process, a deal that went bad, capital inflows, WFOEs, HK SPVs, Barbados, off shore structures, or anything/something of substance.

Jan 28, 2009 01:48 PM
#9
Kimo Stowell
HI Pro Realty LLC RB-21531 - Honolulu, HI
REALTOR Associate® RS-76763 - Honolulu Hawai'i

Aloha Joe, thanks for commenting. I guess the sheer size of China's Real Estate Development isn't impressive to you since you have been to China 25 times in two years but most of my readership does not have the insight into the Chinese Real Estate Market that you apparently do. You must forgive me for not including any 'substance' for your enjoyment. Mahalo!

Jan 28, 2009 02:20 PM