Buy Apartments with Bitcoin in Shanghai

[goldlyre]

A Loft & Soho Building named ShengDa TianDi is newly built near the ZhangJiang Hi-Tech Park in suburbs of Shanghai. Now the developer has claimed that they shall sell the apartments to customers in the cryptocurrency of Bitcoin.  

[knight22]

Source?

[goldlyre]

Source?

http://house.people.com.cn/n/2013/1028/c194441-23353054.html

Provided that you understand Chinese language...

[duanwenming]

I'm Chinese, the source is right.
but treat it like words to amuse.
The exchange rate of BTC is highly unstable.
and we still not sure of the attitude of the Chinese goverment about BTC.

[goldlyre]

“我们张江这边工作的人对比特币都很了解，房地产项目可以接受比特币购房，还是很有意思的!对于我们张江男来说，比特币不仅仅代表的是一种货币，更体现了我们IT男的价值所在。用比特币帮助购置心爱的房子，很值!很刺激!”一位了解比特币的张江工作者告诉记者。

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For us office workers here in Zhangjiang, Bitcoin is not a strange thing. It's very interesting that Bitcoin can buy real estate. We Zhangjing boys know that ....

[LiteCoinGuy]

Bitcoin for real estate

Another factor in the story of bitcoin’s rise to prominence in China is the revelation that real estate is moving into the bitcoin space too, with Finextra reporting that Chinese IT giant Shanda’s real estate development arm is offering its new apartments in exchange for bitcoin as part of a new promotion in Zhangjiang Hi-Tech park in Shanghai.

Some 300 apartments in soon-to-be-built buildings ranging from 42-81sqm were made available to buy at around 800 to 1,000 BTC each, at a fixed exchange rate of ¥1,000 per bitcoin. They all sold out in only a few minutes.[/i]

http://www.coindesk.com/bitcoin-exchange-btc-china-experiences-time-price-high/

[xchanga.com]

if bitcoin is now entering into real estate then probably its moving to places and i love it so much.

[Trade101]

great news!

[p2pbucks]

  Actually real estate dont give buyer a proper exchange rate , AS a result we dont give a damn on them