World's tallest building awaits local buyers
By Cui Haipei | China Daily | Updated: 2010-04-30 07:54
An auction house is banking on Chinese investors to pay towering prices for space in the world's tallest building.
Three properties in the Dubai structure, the Burj Khalifa, will be auctioned in Beijing in early June at a starting price of 70,000 yuan per sq m.
The auctions - for a single 50 sq m apartment, 16 apartment units as big as 2,000 sq m each, and an entire floor of commercial space - will be a first for the Burj Khalifa, according to the Beijing Yihai Auction Co Ltd. The auction house was commissioned by three individual owners from Hong Kong, the US and the United Arab Emirates.
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