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Investors turn to commercial properties
9/6/2005 17:47

Wendy Zhang/ Shanghai Daily news

Government macro-control policies have made a growing number of investors withdraw from the residential housing market and turn to commercial properties, today's Youth Post reported.
More than 70 percent of investors said they wouldn't withdraw from the real estate market, but would choose other property varieties, especially such popular commercial properties as business spaces and office buildings with high investment returns.
The Xintiandi entertainment area, Yandang Road leisure avenue and Feihong Road business street are considered the top three favorable commercial properties for investors.
Last month, apartments of more than 140 square meters accounted for only 30 percent of the total housing trades.