Most of the big service apartment brands feel that there is currently an undersupply in the top end Shanghai serviced apartment sector. They are also joined by renown international hotel chains now taking a serious focus this segment.
Business traveler and expatriates to the city is expected to increase given Shanghai’s push to attracted foreign talents and investments. Such business travelers or newly arrived entrepreneur, technopreneurs may prefer rental flexibility, not having to confine to a longer lease yet enjoy great hospitality services.
“Some feel that longer stay in a standard service apartment maybe costly.”
According to the owner of MORE Residence, a newly established value added service apartment, they are confidence that there will be a new stream of demand emerging from foreigners, business traveler who are seeking for free, cozy, artistic and homely accommodation at very competitive prices with full concierge services.
MORE Residence or 魔尔公寓 in Chinese is located at No.5 Lane 767 JinZhong road , walking to the SongHong road station of line 2 in 5 minutes, next to SKY SOHO, adjoin to the Hongqiao railway station and Hongqiao airport. Drive to Zhongshan park & Jing'an temple & People square &Lujiazui in half an hour .
Studio Apartment: 40-69m² ，8300RMB/month+
One Bedroom Apartment : 41-62 m² ,10000RMB/month+
Suite Apartment: 56-83m² , 124000 RMB/month+