TOKYO, Dec 09 (Information On Japan) –
A luxurious actual property expo, one of many largest in Asia, has begun in Shanghai, drawing vital consideration to Japanese properties corresponding to tower residences from rich patrons.
The occasion, which kicked off on December sixth in Shanghai, showcases premium properties from areas together with the Center East and Europe.
One of many busiest sections is the sales space promoting Japanese properties, buoyed by the results of the yen’s depreciation.
A Japanese actual property firm president dealing with these properties remarked, “Inquiries and gross sales contracts for central tower residences priced over 300 million yen are growing. Some patrons buy properties for funding after understanding the specs by way of photographs and movies with out visiting the location in particular person.”
The identical government added, “The sales space opens at 10 a.m., and I used to be stunned to see so many guests already gathered. With the rise in journey from China to Japan, mutual consciousness has additionally elevated.”
Though issues about financial stagnation in China have been raised in recent times, the collaborating firms uniformly famous that “the rich appear unaffected.”
Supply: ANN
