Builders pointed out that apartment houses are even being constructed and lived in on Wall Street fu New York City in the heart the financial district and with the modern improvements and change in living psychology of the past few years, the idea is enrively fenétble, Those living close to business ha more pretentious homes in the coun: try which are used on week-ends arid this scheme of living may be looked for in Shanghai, if one is lieve the optimism of agents downtown sites in the market.
The new apartment house at the corner of Carter and Bubbling Well Roads is a case in point and: this is held to be a forerunner to show which way the wind is blowing.
intimated that there will be additional apartment house undertak ings closer to the Bund in the near future if negotiations now under Way are brought to a conclusion.
Because of the width of Bubbling Well Road and its central position is felt that this will be the centre of the new building movement... The adjacent streets will be feeders for this main thoroughfare of trate, \AS to.where the positions of the new apartment. houses will be, Teal estate traders were reluctant © In state because of the belief that laiid prices would rocket if their. inten tions became known, but it is sate to say that the Bubbling Well Road district will see significant changes the not.distant future extending from. Thibet Read even as far as
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