Attendance up for shanghai property show

Photo: Wilson Hui

Attendance increased for an international Shanghai property show this spring, as developers announced over $10 billion worth of projects.

The three-day Shanghai Overseas Property Immigration Investment Exhibition, which took place in April 2015, welcomed over 5,000 Investors, up 3.1 per cent year-on-year.

More than half (53 per cent) of visitors were there to look for real estate investment opportunities or buy a home, with the show proving particularly popular among wealthy buyers: over 75 per cent of investors had buying power of at least $5 million.

During the course of the event, developers announced over 27 mega projects, worth a record total of $10.8 Billion.

Brian W, Director of OPI Show, comments: "On this occasion, I will let the figures speak for themselves. A 3.1 per cent increase in visitor numbers, and over 5,000 investors attending the show is a real testament to the current strength of the local property market. The sheer amount of projects that were announced over the three day event also reaffirms Cityscape Global’s position as the undisputed barometer for the region’s real estate market.

The show is the longest running property and investment showcase in mainland China.

"Following the success of OPI 2015 Spring, we are planning to further grow the event in next Fall Show (11th-13th September)," he adds.