The Shanghai Spring Real Estate Market Exhibition is the best known exhibition in the greater Shanghai real estate sector today.
Founded on the guiding principle of "advancing development in the real estate sector through satisfying public demand", Shanghai Spring is a professionally oriented, economically market based and legally codified real estate exchange both comprehensive in nature and expansive in scale.
After more than a decade of successful expansion, Shanghai Spring today has become the leader in high-end, multi-directional and interactive real estate exhibitions. Whether it is to promote new product lines, augment brand and corporate image, or expand market share and influence in China, Shanghai Spring is an expansive, high efficacy platform that has received praise from property exhibitors both domestically and abroad. In the process, Shanghai Spring has played an important role in advancing the healthy growth of both the local Shanghainese and red hot China-wide property markets. With recent restrictions put in place by the Chinese central government limiting the number of domestic property purchases, Spring is rapidly expanding its Overseas Property Investment Hall in 2011.
A sprawling metropolis striding forward in leaps and bounds towards its goals of modernization, Shanghai is the ideal backdrop for the relentlessly expanding Chinese real estate market and Spring. Located at the intersection of the Yangtze River Delta region, on a piece of land whose area makes up only 0.06% of China, 1% of the entire nation’s urban population resides. Last year, one out of every four imported and exported commercial products in China flowed through Shanghai ports; an astonishing economic feat. From its founding in 1998, to the roaring property markets of 2006-2007, to the period of recovery after the economic crisis of 2008-09, to the World Expo period that just ended in late 2010, Spring has taken advantage of its surroundings to take a leading role in the Chinese housing property markets; acting as barometer for emergent trends in the overall sector.
As Shanghai and East China has become a gathering place for high income earners, property investment has gone from the privilege of a few, to a status quo financial transaction. Whether for the purposes of investment, emigration, study, or relocation, property investment overseas offers an increasingly mainstream path to Chinese financial security. However, there are new obstacles in the path of many Chinese property investors interested in purchasing residential and commercial flats. In 2010, the Chinese property industry entered into a period of frequent government policy intervention and readjustment: including State Council Statute #12 limiting the ability of Chinese to purchase commercial property, increases in bank loan interest rates, the implementation of a trial real estate tax, and most prominently the “most stringent government real estate control measure ever in Chinese history” announced in October limiting the ability of families to purchase multiple flats. It appears that in the aftermath of these policy reevaluations “cracking down on and curbing speculation” have become the dominant themes for the Chinese real estate industry in the near term.
Given the uneven qualities in overseas real estate markets, Chinese intending to buy properties abroad often find themselves left in the dark. It is in these reasons that Spring is stepping forward, for the first time in 2011 introducing the Spring Overseas Property Investment Exhibition. This overseas real estate B2C platform will provide both overseas property buyers and real estate exhibitors with an interactive business platform. With overseas firms such as OASIA LAND, FirmRite, Orangtee, Suner-Vici, Gold Cost and Auona among many other international property groups and representative offices in China expressing interest, Spring has already secured participation from firms based in Australia, the U.S., Canada, Japan, and beyond. With competition for booth space intensifying, interested overseas real estate developers and property groups are encouraged to visit www.springre.com for more information about becoming a Shanghai Spring 2011 exhibitor or cooperative partner.
The above information is supplied by VNU Exhibitions.
Disclaimer: while due care is taken, the viewpoints expressed by sponsors do not necessarily reflect the opinions of Your Investment Property.
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