Sanya Expat

......according to a very credible, longtime business and property owner in Haikou, when the sudden surge in property prices on Hainan took hold in the past three weeks, property values of new local oceanview apartments at the North Shore Beach area near the Sheraton Haikou shot up between 200 to 300% from 10,000rmb psqm to OFFER prices by eager buyers of 28,000rmb per square meter which are being summarily TURNED DOWN by property owners . UPDATE 2/5 - these wild prices increase are ONSITE CONFIRMED...I visited several properties in Haikou during the past two days...asking prices for seaview villas at Vanke's Business Club property moved from 25,000rmb psqm last month to 40,000rmb psqm this month; apartment prices from 10,000 to over 20,000rmb psqm...in the city' Guomao area....+ 15,000rmb sqm....Haikou?? NUTS boys 'n girls!!

On another note, I do have a new property listing for our readers and clients - this is a 200 MU property parcel now available on the dark side of the moon at only 2500rmb per sq meter, comparable to current prices in the Li Jiang Yunnan region. Prices are still reasonably low because that particular region of the moon is quite cold and undeveloped to date. However, showing a high level of foresight on such matters, each villa will have in floor solar heating to keep your toes warm whilst you are trying to catch your breath in the thin, dry air at such high altitude. I know you may be confused regarding things such as gravity and atmosphere and build quality. Its ok. Really.

Finally, it is rumored that groups of investors from Wenzhou are currently eyeing and about to snatch up this particular new project development. We also heard that Shanghai real estate veteran Sam Crispin is also moving quickly for his slice of the moon mu pie.

Deposits for PHASE II Moon MU

We are now also accepting refundable deposits of 100,000rmb per MU for the PHASE TWO development which sits on a separate parcel on a much more attractive mooncrater hillside with partial sunsets which we have set to begin construction just after Chinese New Year 2013. Prices on the PHASE II development will be announced at that time. But don't worry as we are quite certain the PHASE II asking prices will not go up as much as they have in the past three weeks in Haikou and Sanya, suggesting an outstanding investment opportunity on the horizon, um sorry, on the moon.

For further research we recommend you google keywords "china, haikou, sanya, moon, bubble?, property, investments, gambling, is there any air on the moon?"

Cheers, Mario