Sunday/ still for sale

The sign is new – but the ’80 Step Sea House’ apartment building across from our hotel is not.  (50 sq m is small – only 538 sq ft.  140 sq m is about 1,500 sq ft). Construction of the complex was completed a long time ago, more than a year.  Some units might have been sold, but not a single person has moved in yet.  Singapore-based investment guru Jim Rogers for one, says the property bubble in China is ‘over’, and that there will be no hard landing for the economy.  If that is true, that is good news for everyone.

There is a new sign on the 80 Step Sea House apartment complex across the street from the hotel in Dameisha. The panels are solar water heaters but they are not yet connected. There are no residents in the building yet.

 

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