上海房地产市场简介.pptVIP

AGENDA Economic Background Basic Property Knowledge Your Investment Criteria INFRASTRUCTURE DEVELOPMENT:Current Developments INFRASTRUCTURE DEVELOPMENT:Future Metro Light Rail Developments OFFICE MARKET:Core Commercial Areas EXPATRIATE HOUSING MARKET:Major Expatriate Housing Areas * Economic Background By 2025 China economy is expected to be the biggest in world - Goldman Sachs Feb, 2001 GDP per capita US$1,032 USA - US$33,836 Shanghai - US$4,520 Beijing - US$3,086 Long term sustainable GDP growth - 7%-8% Shanghai 10%-11% over the next five years FDI US$ 69.2 billion (Shanghai contributed over 12% as at 2001) industry, infrastructure, property, services Emerging middle class home ownership, car ownership, income Forecast Avg 2000 11.0% Avg 2001 10.2% Avg 2002F 10.0% Shanghai’s GDP continued to grow rapidly at a double-digit rate for 2001 Source: Shanghai Statistics, Consensus Economics Real GDP Growth Foreign Direct Investment Shanghai US$ 7.37 billion China US$ 69.2 billion In 2001 Forecast Lending Rate 5.31% Inflation 0.7% (avg 2001) 0.7% (avg 2002F) Source: People’s Bank of China, Consensus Economics Interest Rates Inflation WTO and Reform There will be more change in China in the next 5 years than in the last 20 years Recognition of need for fundamental reform to maintain growth WTO provides the road map for reform Market access for companies and products at all levels Legal reform Currency convertibility Increased transparency and reduced risk for foreign investors Increased foreign investment and increased profitability Chinese companies competing on the world stage Privatization of healthcare, pensions Mergers and consolidation Characteristics of Shanghai Property Market Significant asset base, mostly built within past 10 years Great distinctions in quality among existing estates Oversupply during the period 1996 - 1998 Overall property market rebounded since 2000,