They're catching 'em apartments young and fast

SHANGHAI: Catch 'em young, goes the phrase. But in Shanghai, it's the young that have caught the realty market by surprise.

Three 20-somethings left the city's housing market perplexed recently after buying a luxury apartment each in Tomson Riviera, considered the most expensive on the Chinese mainland.

Tomson has sold 16 units in its block C in the past two weeks, Li Qin, a senior company employee, said. "Each of these 431.89-sq-m houses fetched 98,000 yuan ($14,370) per sq m."