Site revered as national shrine for 1,000 years
IN an unprecedented move, the Chinese authorities have allowed the Lushan summer homes of Chiang Kai-shek and Communist Party leaders, including Mao Zedong and Zhou Enlai, to be redeveloped and sold on the open market.
Real estate analysts says this equates to the Americans selling the US presidential retreat at Camp David. In addition, the site has been revered almost as a national shrine for more than a thousand years.
The 21 villas on a 2.023-hectare compound in Jianxi Province were, until the 1980s, used by party leaders as their ''summer palace'' and this beautiful mountainous area is held to be of great spiritual significance.
As one of those involved in the development said: ''If the Chinese can sell this, what's to stop them selling the Forbidden City?'' Hongkong holding company Witon Year Investment, which owns 100 per cent of Jiu Jing Juyuan Construction Industry, did the deal with the Chinese authorities eight months ago, and will develop the site.
The first villas were built in a colonial European style, which is being preserved. However, the units, ranging in size from 2,000 to 4,000 square feet, will be re-built from the original stone, but with the latest technology.
Unsteady foundations and unsightly additions made rebuilding, rather than renovation, necessary.