Jane Chen / Shanghai Daily news

The World Real Estate Academy yesterday published the names of 30 candidates vying to become China's top 10 super luxury properties contest, the Beijing Morning Post reported.
The contest, which was jointly launched by the real estate researcher, www.re.icxo.com, and the World Executive weekly, has attracted nationwide attention with its high price standard, set at around 30 million yuan (US$36 million).  Sixteen of the candidate properties are priced above that level.
Shanghai leads the list with 12 villas; Beijing follows with eight.  Shenzhen has three projects and Guangzhou has two.
The final result of the contest is yet unknown, but real estate experts point out that price is only one of the standards. Other considerations will include safety, privacy, convenience and the rarity of the property.