Hot Shanghai property market defies national slump as luxury units sell quickly

Quick Summary:

Luxury developments such as One Central Park fetch high prices from rich buyers who are undeterred by economic uncertainty.

Luxury home sales have shown sustained strength across the city.

The developer said it planned to launch the fourth phase of the project, focused on high-floor units, in June at the earliest.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Yulu Ao

Category: Business

Markets: Hong KongChina

Topics: Billion Central Centaline Sales Metre Square Yuan Property Sold Project Shanghai

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-25 @ 11:00:12 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 319 words

Reading Time: 2 minutes read

Sentences: 12 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 28947526

View Article Analysis

About SCMP

Main Topics: Business

Official Website: scmp.com

Update Frequency: 7 posts per day

Year Established: 1903

Headquarters: Hong Kong

News Last Updated: 1 hours ago

Coverage Areas: Hong Kong

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #42

Publisher Details

Frequently Asked Questions