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Forums > Living in Kunming > Transferring money into China

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.

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The figures quoted from Bloomberg above are incorrect. Whichever source Bloomberg used, did obviously not sanity check. I watched an interview with the CEO of Mobike a while back, and I am pretty sure he said the cost of the bikes was CNY 1000, not USD 1000.
If you apply the same correction to the other figures, then Bluegogo would be CNY400 CNY, which seems about right; as three years ago I bought my daughter a cheap bike for CNY400 retail. Consider direct from manufacturer prices. As Ofo seem to be even lower quality, then CNY 300 would not surprise me.

Factor in these adjusted prices to business case calculations, and it all makes more sense.

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Bluegogo has gonegone.. It looks like ofo are flooding the streets with the cheapest of bikes, and Mobike looks like it has been forced to invest in cheaper machines. Now the questions are, can Mobike survive the swamping of the market by ofo? And can ofo's disposable bike policy be sustained?

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Seeing as said foreign country's company will probably pay for most of it, 55 years may not be so long, when you leverage risk factors. However, seeing as most tourism will be inbound from said country they should get a return.

The alternative is probably no airports, and no big (probably massive) increase in tourism revenues.
It would probably be a good idea to visit these places before they are consumed by the tourist industry.

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This has moved.
The cut flowers are about 700m east on Duonan Jie. The plants and trees are about 700 m west and follow Duocai Section.

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A reasonable choice of lumber that has improved over time. Fancy hardwoods like walnut, and mahogany are in abundance. There are some plywood and rubber-wood boards available. There are also some kiln dried imported softwoods and merbao available. Some of the lumber is very green, so look for the kiln dried if you need stable timbers.

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Echo everything said by others.
Breakfast great and the serve from 8am. Most other places say 9am and they still are not ready.
Sandwiches are cheap 22-32, and really packed full of filling. We got some sandwiches for a day out, the only mistake I made was ordering two, as this was too much. These are seriously good sangars, and they are wrapped in alu foil.

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In fairness to Metro, they are a wholesalers, and not really a supermarket. Hence the need for a card, which can be got around.

They have improved in the year I have been away. They now carry a more consistent range of imported foodstuffs and they also seem to have sorted out the mported milk supply.

They have a wider range of electrical appliances now, there is a coice of more than one toast. There is also a better range of seasonal non foods, like clothes, shoes, garden furniture and camping gear.