Just to be clear, in case someone comes to this thread on page 3 and draws the wrong conclusion about the rental multiplier. The rental multiplier does not set the property value. It is just a crude indicator to the level of property prices, i.e. overpriced (bubble) or under priced (depressed). I have heard figures of 200-300x being used to describe a sensible level, but that is of course subjective. I have only heard it used in this way, for the domestic property market.
As for leasing values of commercial property, that is a totally different market. People buy commercial property with the aim to earn/rent it out usually, and not as an investment. About 5 years ago we were quoted commercial property rents in Kunming (not in prime locations) that were higher than they were in comparable districts (not prime locations) in Shanghai. I cannot suggest reasons for this particular form of madness, except just dumb avarice.
Inspired relaxation at Yunnan's Fuxian Lake
发布者Safe swimming, even for the body conscious.
About 1km north of Haikou is the village of Reshuitang热水塘. There is a beach and lots of peddle boats. Lots of people are taking the peddle boat out a few hundred meters to swim. These peddle boats are about 4m long by 3m wide, and make a big enough platform to go out, play, picnic for the day, and swim. There is even a rope ladder over the side to help getting on and off the boat. The boats are 30rmb/hr or 50rmb unlimited, well worth the money.
You can get a long way away from anyone else for a bit of privacy, you could even skinny dip, or topless sunbathe if you miss that. Nearly all of the local swimmers are using floatation and so you need not be embarrassed about that. For those who are not extroverts, or have children, or just want privacy, this is a great option. Don't leave your sunscreen in the car like I did.
Yunnan's capital scrambles as 'Civilized Kunming' audit looms
发布者I think that they may be at it again.
We went to our open air market today and was told that it was closed until 16th, because of some civilized thing.
The workers are trawling through the local streams clearing out the weeds near where we live.
At 8am this morning there were uniformed traffic personnel along Dianchi Lu, and the uniforms looked bright/new.
Has anyone else seen or heard anything?
A Ride on Metro Line 3: A landscape in flux at Chejiabi
发布者Another great, and relevant article. I have just realized that this is going to be a series. Looking forward to more.
A Ride on Metro Line 3: Mystery at Mianshan
发布者Big thumbs up. This is a really useful article. The Metro has opened up new travel opportunities for us, and you are right, most of us don't have the time to randomly explore the city, but articles like this let us know about previously unknown (to the reader) places to visit.
Nice one!
Bullet train to Dali to begin running July 1
发布者@starasvina. Maybe, maybe not. If you use public transport, there will always be transit time to the transport hub, and the necessary buffer time.