New property agencies debut in Wenzhou
11/9/2003 14:36
Wenzhou people that invest in the Shanghai real estate market may take
their heart at ease now, as a kind of new property agencies debuted in Wenzhou
to help them handle their properties in Shanghai, eastday.com reported
today.
The Shanghai Tongfang Real Estate Co Ltd, opened business operation in
Wenzhou three months ago, the company's first outlet outside the city, mainly
targeting Wenzhou people who buy housing properties in the Shanghai real estate
market.
"We began to focus on the market many years ago, as a growing number
of Wenzhou people buy properties in Shanghai, and I think it is the right time
for us to enter the market," said Lin Xuan, director with Tongfang's Wenzhou
outlet.
"We mainly help the clients handle their properties in Shanghai,
offer investment consultations, help them furnish their home and lease or sell
their properties," Lin said.
"We mainly target the housing properties priced
at more than 600,000 yuan totally," Lin said.
Like Tongfang, two or three
more such agencies opened in Wenzhou this year.
According to statistics, 20
percent of the traded properties in Shanghai last year were bought by people
from outside the city, with those from Wenzhou accounting for more than 30
percent.
Wendy Zhang/ Shanghai Daily news
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