The sprawling 72,000 sq ft property took three years to build, with Xiangshanbang Traditional Architectural and Building Skills handcrafting all the brickwork and landscaping its gardens.
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The sprawling 72,000 sq ft property took three years to build, with Xiangshanbang Traditional Architectural and Building Skills handcrafting all the brickwork and landscaping its gardens.
Costing a cool $154 million (1 billion Chinese yuan), the castle sits on a private island on China’s biggest lake – the Dushu in Suzhou – and has 32 bedrooms and bathrooms. It also comes with a mist-covered pond as well as luxury staples such as a wine cellar and swimming pool. more
Christened ‘Taohuayuan’ – which translates as ‘Utopia’ or ‘Peace Blossom Land’ – the home is available via Beijing Sotheby’s International Realty. [links]
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Shanghai’s residential properties are some of the most expensive in China. The city’s stock of luxury condominiums with western-style amenities is increasingly common. Single-family garden homes and mansions are found in desirable spots like the former French concession. This neighborhood also features traditional lane houses, which are three-story row houses that combine Chinese and Western aesthetics. Lane houses are tucked away along narrow alleyways. Unique to Shanghai, they were built by the thousands and housed millions up until the mid 20 th century. Most have been bulldozed but those that still exist enjoy heritage status.
Shanghai is one of the world’s great megalopolises, with a population of over 24 million and a growing international community, particularly Japanese, Americans and Koreans. The outward-looking trajectory of the last two decades shows no signs of slowing. Shanghai’s influence in business, tech, fashion and the arts continues to grow. more
By contrast, across the Huangpu River is the Bund, a historic waterfront area that runs a mile along the western bank with a rich collection of architectural styles: Gothic, Renaissance, Baroque, classical, Beaux-Arts and Art Deco. In the mid-1800s, this area was one of China’s first ports to open to international trade. Foreign powers from the United Kingdom, France and the U.S., among others, set up banks and businesses here. Today the well-preserved area is a tourist destination and home to consulates, private clubs and luxury residences. [links]
The city is in the Yangtze River Delta, about a five-hour, high-speed train ride to Beijing. The Huangpu River runs through the center of the city. To the east is Pudong and its Lujiazui district, a designated economic zone. The city’s tallest buildings, including the Oriental Pearl Tower, Shanghai Tower and Shanghai World Financial Center, make up the distinctive skyline. [links]
A century ago, Shanghai was considered the Paris of the East. Now its status as China’s financial capital together with its high powered, high energy vibe is more likely to generate another comparison: the New York of Asia. [links]
Expat communities are found in downtown Shanghai as well as in suburbs like Minhang and Quinpu, anchored by international schools.
The listing first appeared on June 6. Sotheby’s has started recently marketing the property as the “One Billion Yuan Luxury Home” in reference to the asking price.
Private gardens in Suzhou have been recognized as World Cultural Heritage sites. In recent years, the garden-style homes have been sought after by top collectors, according to developer Sunac China Holdings Limited. more
A newly built garden home in Suzhou, China, has just hit the market with an asking price of 1 billion Chinese yuan, an equivalent of $154 million, setting a price record in China. more
Call it “Utopia” or the “One Billion Yuan Luxury Home”. more
The Suzhou garden home, marketed as “Taohuayuan,” meaning “Utopia” but translating literally to “Peach Blossom Land,” sits on a private island on the south shore of Suzhou’s Dushu Lake, China’s biggest lake by surface area. It has a total of 32 bedrooms and 32 bathrooms, with all the bedrooms facing south, desired by many for optimal natural light. [links]
If a giant mansion located on a private island on China's biggest lake sounds like pure bliss to you, you're not alone. After all, there's a reason it was named "Taohuayua," which translates to "Utopia" or "Peace Blossom Land" in English. But the newly constructed garden home in Suzhou, China is quickly becoming known more for it's record-breaking $154 million price tag.
It's turns out it's the most expensive home to ever hit the market in mainland China — and it's almost twice what any other home has cost. If you ask us, that's not a bad return on investment for a house that only took three years to build. But what makes it worth so much? For starters, it's enormous, coming in at 72,414 square feet. Then there are the 36 bedrooms (all which face the south for optimal light) and 36 bathrooms. more
But if you're going to have many guests or, dare we say, roommates, you'll need something to entertain them with. That's where the lakeside pool comes into play. When the sun goes down, you can even switch it up and explore the massive wine cellar that offers more bottle storage than we can count. Perhaps you should grab a glass and enjoy the sunset from one of the many patios and decks that overlook Dushu Lake? more