Help you know more about the beijing property.

Discussion in 'China property' started by alan88, Aug 27, 2008.

  1. alan88

    alan88 New Member

    If you want to know some info about the beijing property situation or details. please reply this thread back with your question.

    i will give you specified response:)
     
  2. alan88

    alan88 New Member

    I am living in beijing, and familiar with the real estate market of beijing. Like office and apartment invest. or build company in beijing business. Could give you professional answer :)
     
  3. Proptime

    Proptime New Member

    Alan88,

    Currently writing about the rise in foreign interest in hutong property in Beijing. Please could you help by answering the following questions.

    Do you believe buying a hutong property as a good investment and is there a market for buying and renovating them? \

    What are the restrictions the government has imposed in regards to allowing foreigners to own this ancient homes?

    Any information or advice you can give surrounding this sector would be greatly appreciated.

    Many thanks.
     
  4. alan88

    alan88 New Member

    Hi,

    Regarding your first question to buy a Hutong property is a good investment or not.As the currently situation the owner of this kind of property are some rich people or belong to local government departments. It's really get less and less.Absolutely it's the symbol of old beijing culture.Many of the foreigners like living there,it's really cost too much rent such a property. If i have enough extra money maybe will buy one even not living there.

    The restrictions of buying hutong property have been abrogate after 2004.Buy hutong property same like buy apartment in beijing. but if you want decorate the property should get the permit of local government. and also purchase procedure is more complicated than normal. Normally buy this kind of property is from the real estate agency.

    Hope would helpful.
     
  5. erikko

    erikko New Member

    may i ask if the property rates there are still the same before and after the recent Olympics?
     
  6. alan88

    alan88 New Member

    The property rates in beijing even in the whole China is a bit poor since the beginning of 2008. one of the reason is the sucks stockmarket. maybe you heard about that.

    the people expect too much for Olympics, actually not bring many surprise to them. but for the high-grade property and commercial property market not get effect in beijing,some of them rise in price after Olympics.
     
  7. erikko

    erikko New Member

    that's sad considering that Beijing can be a good market
     
  8. fikatime

    fikatime New Member

    what is the requirements of renting one office as an US based company? no branch in China. can we sign the renting contract ourselves?
     
  9. lacasa

    lacasa New Member

    I have the same concern.
     
  10. Dave_Velasco

    Dave_Velasco New Member

    How is the real estate market now in beijing or in the whole of china? Are they having problems? Booming?
     
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