HANGZHOU, ZHEJIANG, CHINA
AVERAGE SALE PRICE
Hangzhou, Zhejiang, China
~20.83% (1,000,000 sq.m sold, 4,800,000sq.m in total)
Tianducheng (Chinese:天都城) is a housing estate in the suburbs of Hangzhou , Zhejiang Province, China. Construction at Tianducheng began around 2007. Its central feature is 108-metre-tall (354-foot) replica of the Eiffel Tower and blocks of Parisian style architecture, fountains and landscape. Tianducheng opened in 2007, and was planned to accommodate more than 10,000 residents.However, the current population of Tianducheng is estimated at around 2,000 people, many of whom are working on a nearby French -themed amusement park. By January 2015, according a news report, only half of the residential tower blocks are completed and lack necessary infrastructures as well as other social amenities.
It is unclear why the developer chose this particular site to create a replica of Paris, as the area does not have that much demand for luxury housing, let alone a development of this size. It is suspected that this is a type of ‘tourism residential’, where the developer creates an attraction to entice potential buyers to the area and create more exposure for the project. It seems the central distrct which houses the Eiffel Tower replica is indeed attracting some tourism; however, no one is buying any properties at the place.
RELATED MEDIA COVERS
DAILY MAIL: 'There is no need to go to France anymore!' Chinese people absolutely love their knockoff version of Paris which has its own Eiffel Tower
HUFFPOST: Paris In China: Tianducheng Is An Eerie, Abandoned City Of Lights Clone
NOMAD ASAURUS: Tianducheng – China’s Strange City Of Paris