Highly-developed Real Estate 2007-12-07

Haidian provides a great variety of choices in residence in terms of size, type and location, ranging from detached villas with private gardens to high-rise apartments. Most villas are situated in the suburban area of Haidian.

Haidian has seen a continuous rise in house prices over the past few years due to the following the factors: the imminent 2008 Olympic Games, the huge influence of China s Silicon Valley , the high concentration of top universities and famous high schools, the superior ecological environment, and the limited scale of real estate development in the district.

According to a news report on Jan. 24, 2006, China ranks second after the U.S. in terms of the potential of real estate appreciation. Haidian is an excellent example, as in 2005, hosue prices in Beijing rose by 18.6% and a 20% increase was forecasted by many experts for 2006.

House prices in Haidian are constantly on the rise. The reality is, like in any other location, if you are looking for a prestigious address, you must pay a premium for the privilege of showcasing there. There are high-standard residential areas available within a short distance from the district s central area which boast attractive prices. The current price of high-rise apartments in Haidian s urban area ranges from 5,500 yuan to 12,000 yuan. The price of a villa ranges from 3 m yuan to 20 m yuan, depending on its size, location and quality.