Demand for upscale projects is high in Shanghai. Photo: AFP
Demand for upscale projects is high in Shanghai. Photo: AFP

The only way to buy property in Shanghai these days is to win the lottery

Developers resort to lotteries as buyers far exceed the number of units on sale

Demand for upscale projects is high in Shanghai. Photo: AFP
Demand for upscale projects is high in Shanghai. Photo: AFP
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