On July 16, 2011, the third phase of the Erhai International Eco-city grandly opened in Dali's National Fitness Center. Nearly 1,200 people attended, and by 1 PM, more than 90% of the launched housing units were sold, creating an exceptionally heated scene. Properties with sea views were especially enthusiastically pursued by customers.
The hot-selling success of Erhai International Eco-city is not accidental; it is the inevitable result of market selection. Holding resource-based vacation properties as an effective means for asset preservation and appreciation is becoming increasingly favored by the wealthy elite. After all, from precedents like San Francisco's Gold Coast and other seaside properties, such products not only maintain long-term growth but also their increase in value far exceeds that of ordinary properties. Moreover, the current special policy and market environment makes vacation properties have preservation and appreciation attributes that are hard to match by other investment items. Scarce resource-based vacation properties are even better choices for asset preservation and real estate investment.
During this opening of the third phase of Erhai International Eco-city, discounts reached up to 7.8%, and purchasers of main unit types also received renovation funds. On the day of the opening, many surprises and gold prizes were continuously drawn. The re-hot-selling of Erhai International Eco-city created another miracle in Dali's real estate market, reminiscent of the Spring Housing Fair of 2010!