Jane Chen / Shanghai Daily news

Despite the slowdown in the property market, a low-priced villa project in Shanghai's suburban Songjiang District is selling well because of its high price-to-quality level, today's Youth Daily reported.
The villas of the Ming Shi Hao Ting project were sold out on the first day of the offering early this month, with the lowest price tag at 1.11 million yuan (US$134,220).
Big inner halls and basements larger than 70 square meters are most attractive to buyers, industry analysts point out.  As well, open-air spaces of up to 168 square meters were given to each buyer, another incentive for the sales boom.