¨Prestigious offices in
major cities are NOT inexpensive = total operating
expense could be US$40/ft2/year or more
(Shanghai)
¨Good quality apartments
could fetch US$’,000 per month
¨Salaries and wages
are rising, especially for the educated,
skilled and competent
¨Project scales are huge
e.g. a 1,500,000ft2 project may be considered
mid-scale in some cities