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.
Kunming north-south metro lines near completion
发布者When they first did this in Shanghai in about 2004-5, it was necessary to exit some subways stations, and cross a road to get to some rail stations. Eventually it all got sorted out.
Kunming north-south metro lines near completion
发布者Line 5 has not projected start date. Yet it would serve NanYa and Dianchi Road down to Dian Wei Chen.
I can only assume line 4 is the same and could be the thin purple line running NW to SE.
Kunming north-south metro lines near completion
发布者Great, an easier hop from DianChi area to bars and Beichen beer runs.
Great Britain in Kunming schedule of events
发布者5 Star venue, 5 star prices. Not a helpful venue. It is so far out of town that many people who should be going may not have the time to make the trek.
Old town fire quickly contained in Shuhe
发布者Thanks for the updated information.