Real Estate: Luxury apartment buyer
(Shanghai Daily)
Updated: 2006-08-11 14:02 A company called Aiboqiao
Co Ltd was the first buyer of a unit in Tomson Riviera, the nation's most
expensive apartment to date, according to a document obtained yesterday by
Shanghai Daily.
The company, which was not further identified, bought a 979 square meter,
38th story duplex for 130 million yuan (US$16.25 million) on August 8, according
to the document, provided by the property transaction center in the Pudong New
Area.
Thomson Group, developer of the luxury residential project,
identified the buyer as an overseas Chinese from Southeast Asia that made the
purchase under the name of a company last week.
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