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.