In recent years, China has become particularly adept at building—even minor Chinese cities are constructing towers to challenge the world’s tallest—but now some of the country’s builders have turned their attention to mansions.
In one suburb of Beijing, 39 Palladian-style homes are currently under construction in a project called The Mentougou Estate.
As you can see from the photo below, the mansions are certainly packed in to a small space, yet the lack of elbow room has not brought down the prices.
The cost to acquire one of these Chinese megamansions starts at $15.6M and goes up from there.
If you’re interested in seeing some major construction projects in China have a look at these 2 articles:
· The Great Halls of China [Daily M ail via Homes of the Rich]
· The Glittering Skyscrapers of China’s More Anonymous Cities [Curbed National]
Subscribe & don’t miss a single episode of Michael Yardney’s podcast
Hear Michael & a select panel of guest experts discuss property investment, success & money related topics. Subscribe now, whether you're on an Apple or Android handset.
Need help listening to Michael Yardney’s podcast from your phone or tablet?
We have created easy to follow instructions for you whether you're on iPhone / iPad or an Android device.
Prefer to subscribe via email?
Join Michael Yardney's inner circle of daily subscribers and get into the head of Australia's best property investment advisor and a wide team of leading property researchers and commentators.