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Finance, insurance sector's real-estate stake climbs
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Chinaâs Luxury Retirement Homes Draw Millions From Investors
Jul 19 2021, 10:03 AM
July 19 2021, 2:30 AM
July 19 2021, 10:03 AM
(Bloomberg) Retiree William Tang recently decided to swap his life in downtown Shanghai for a luxury elder-care development in the cityâs far west, paying $220,000 to rent a two-bedroom apartment for 15 years.
(Bloomberg) Retiree William Tang recently decided to swap his life in downtown Shanghai for a luxury elder-care development in the cityâs far west, paying $220,000 to rent a two-bedroom apartment for 15 years.
âIt is more like a resort,â Tang said after viewing the Ardor Gardens showroom, which highlights amenities including an indoor swimming pool, yoga rooms, wine tastings and round-the-clock care.