Guess how much this property is worth?

[hissho]

Gday
have a look at this brand new property and guess:
1) what's the asking price
2) where it is located

about 600 square meters...

cheers
hissho

 

[juddy]

all right here is my guess.

I'm going to say Shanghai even though I can't see the Pearl tower in the skyline.

Price? I reckon AUD$200k?

cheers

 

[Ferret]

Yep, I second Shanghai. Looks like the new Tomson Riverside complex. Prime location in the financial district and beside the river.

600m2 is damn big. And a penthouse too. I reckon about $AU 4 million.

BTW if this is the Tomson, it is the most expensive new complex in Shanghai and they are having some trouble selling them.

Ferret

 

[hissho]

Spot on!

but the asking price is............RMB86300000 which is roughly AU$14million! and they've already sold one to some mysterious buyer...

cheers

 

[Mofra]

Why are you posting pictures of my new home?

 

[3 veiws of a secret]

Spot on!

but the asking price is............RMB86300000 which is roughly AU$14million! and they've already sold one to some mysterious buyer...

cheers

Sorry your're saying "Spot on" aus$14 Million and Ferret is saying aus$4 million .....is this MENTAL arithemetic :twak:
Also this eastern veiw on the 13th floor still has paint drying ?

 

[hissho]

"Sorry your're saying "Spot on" aus$14 Million and Ferret is saying aus$4 million .....is this MENTAL arithemetic"

Well i meant both of them got it right---it's in Shanghai.

cheers

 

[3 veiws of a secret]

Hishoo ! tell me the garage is on the 13th floor ,or is just the catering quarters? and does the pollution only float at the 12th floor level........sorry I'm trying to talk you out of the sale! Shangri'LA

 

[hissho]

Hishoo ! tell me the garage is on the 13th floor ,or is just the catering quarters? and does the pollution only float at the 12th floor level........sorry I'm trying to talk you out of the sale! Shangri'LA

well you need to show them a term deposit of AU$500k and financial statement to have an inspection. Time wasters won't be welcomed. so i don't have the answers for you.

talk me out of the sale? you must be kidding. the point of my post is that i think there's a big property bubble there...i'm one of those few that don't believe the China story

 

[son of baglimit]

its only my weekender - you should see the 'main house' !!

 

[3 veiws of a secret]

well you need to show them a term deposit of AU$500k and financial statement to have an inspection. Time wasters won't be welcomed. so i don't have the answers for you.

talk me out of the sale? you must be kidding. the point of my post is that i think there's a big property bubble there...i'm one of those few that don't believe the China story

Sorry Hissho for my late reply I'm only a humble superman-I've been vacuuming my house for 2 hours!!!!!! no servants here!....so you think the apartment sold is in a concrete bubble?
On a serious note ! I would be interested to know why only 1 pidgeon hole has been sold ,it seems like this Chinese bird's nest,is the only one in the coop(schpelling). Nothing wrong with living in Oz ,why would some snob buy in Shangri'LA .....spitting should be prohibited in those photos!
Time to vacuum the garden now!

 

[Ferret]

Hissho,

I agree, Shanghai does have a major property bubble and it will probably end badly. Still, there is so much other activity going on in China and I wouldn't dismiss the China story just because of this.

Ferret

 

[hissho]

Hissho,

I agree, Shanghai does have a major property bubble and it will probably end badly. Still, there is so much other activity going on in China and I wouldn't dismiss the China story just because of this.

Ferret

I wouldn't dismiss it JUST BECAUSE OF THIS either. but i would dismiss it because of so many other factors...

they are simply shocking facts.
cheers

 

[wayneL]

I wouldn't dismiss it JUST BECAUSE OF THIS either. but i would dismiss it because of so many other factors...

they are simply shocking facts.
cheers

Bear facts? I'm interested!!

Seriously, I too, have been hearing a few bits and pieces with regards to China that don't look good for the Oz resources industry. I have a friend who has just arrived in Shanghai, so expecting some reports from "on the ground" so to speak.

I will report his thoughts as they come through.

 

[visual]

Sorry Hissho for my late reply I'm only a humble superman-I've been vacuuming my house for 2 hours!!!!!! no servants here!....so you think the apartment sold is in a concrete bubble?
On a serious note ! I would be interested to know why only 1 pidgeon hole has been sold ,it seems like this Chinese bird's nest,is the only one in the coop(schpelling). Nothing wrong with living in Oz ,why would some snob buy in Shangri'LA .....spitting should be prohibited in those photos!
Time to vacuum the garden now!

You vacuum the garden?
ok.when you finish ,can you please come over,don`t forget the paint brush,ok you can bring the vacuum too if you wish. :