Property
When property hotspots become ghost towns
By Property Soul  •  February 11, 2015

The original meaning of ghost town refers to a village or a city that has once been populated but is abandoned due to bad economy, high unemployment, or natural or human-caused disasters.

In recent years, the media have given ghost town a new definition: a new city that has been built and ready for resident occupation but no one moves in. It has been abandoned even before any habitation.


Beihu Gulf Economic Zone the next hotspot?

The story below is from a new documentary about urbanization in China.

In the northern part of Guangxi province, there is a new economic zone known as Beibu Gulf (北部湾) which has three major cities: Fangchenggang (防城港), Qinzhou (钦州) and Beihai (北海). In 2013, Premier Li Keqiang inspected the zone and announced that it will be developed into third-tier cities. This sparked the rapid building of residential projects, industrial parks and commercial districts at ...

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By Property Soul
I have developed a strong passion for properties since young. In my 20s, I was relocated to Singapore where I bought my first condominium unit at the end of 2002. I added four more to my property portfolio in 4 ½ years’ time. I never expected their total value could be doubled in just a few years.
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