CapitaLand China will unveil three prestigious residential developments in China this weekend. They are the Westwood Green and Oasis Riveria both located in Shanghai and Orchid Garden in Beijing.
Westwood Green is located in one of Shanghai’s most distinguished neighbourhoods - Min Hang District, in Puxi. The development is a stone’s throw away from the Shanghai American School and other International Schools. The 429 unit modern and contemporary designed 3-storey terrace houses come fully renovated with quality finishes, including a fully fitted out kitchen.
The Oasis Riveria is located on the bank of the famous Suzhou Creek in Shanghai. The 17- tower development is just a 10 minute drive from a myriad of amenities such as entertainment, education and shopping centres. The development is also highly accessible via the newly extended MRT line 2 which has a station that is within walking distance from Oasis Riveria. Most of Oasis Riveria apartments overlook the famous Suzhou Creek, making it an ideal development for both investment and a second home.
The Orchid Garden, which is made up of 97 villas and 150 townhouses, is located in Beijing’s exclusive residential district - Central Villas District off Wen Yu River. The development is easily accessible as it is located close to the 5th Ring Road and Airport Highway leading to the International Airport of Beijing. The Orchid Garden is situated close to the Central Business District and a range of amenities such as international schools, Beijing Village Race Track, Beijing Golf and Country Club and Green Island and White Sail Club. The luxury villas have attracted a lot of interest from diplomats and executives working for foreign enterprises.
“CapitaLand China’s residential properties have consistently been popular with the mid to high-mid income group in China. Recently, we have seen greater interest from expatriates in our newer projects - Westwood Green and Orchid Garden – in Shanghai and Beijing respectively, for their proximity to international schools. We are therefore pleased to present these two properties, together with Oasis Riviera, to Singaporeans and the expatriate community outside China who are looking for high-quality investment properties with good rental yield potential, ” said Lisa Leung, General Manager (Sales & Marketing), CapitaLand China Holdings.
“We are delighted to partner with CapitaLand China to offer investors here an opportunity to invest in three prestigious residential projects in Shanghai and Beijing. Property prices of the high-end luxury home market in both cities have been rising steadily over the past few quarters and are expected to continue to rise due to strong demand coming from MNCs, expatriates and investors with long-term capital appreciation in mind. It is now a healthy and opportune time for investors to look at opportunities to get back in to prime investments in both cities given the upcoming Beijing Olympics in 2008 and Shanghai Expo in 2010,” Michael Ng, Managing Director, Savills Singapore.
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