Introduction

In 2007, the real estate industry in Minhang District invested 14.5 billion yuan, up 4.2 percent over the previous year. A total of 3.53 million square meters of commodity houses were sold, which was 8.6 percent higher than in the previous year.

Specifically, they included 2.19 million square meters of pre-sold houses, down 6.0 percent. The district had 2.69 million square meters of existing houses, up 20.6 percent.

Shanghai Wanke Real Estate Development Company

As the largest housing development enterprise in China, China Wanke Co., Ltd. places greater emphasis on ethics than on commercial profit. With a standard and transparent corporate culture and a prudent and professional development mode, the company has become an enterprise most welcomed by the customers, the investors and the employees and most respected by society.

Shanghai Wanke, a subsidiary wholly owned by China Wanke, is located at 3568 Qixin Road, Minhang District. The company has developed many classical projects, including the Wanke Holiday View, the Wanke Langrun Garden, the Wanke Yannan Garden and the Wanke Lanqiao Shenfei.

Shanghai Greenland Group

The Greenland Group is one of Chinas top 500 enterprises and one of Chinas leading real estate enterprises. In 2007, it ranked 200th among Chinas top 500, first among Chinas real estate enterprises and 17th among Shanghais top 100 enterprises.

In recent years, the Greenland Group has invested in the commercial projects in Minhang, including the Meilong Town New Metropolis, and the Greenland Science Square, which have become a bright spot in Minhangs efforts to develop modern services.