Beijing's Most Expensive Apartment

Despite the recent decrease in overall housing prices, Beijing’s property market is hitting new highs. A new apartment building now boasts Beijing’s most expensive apartments. How much? And where is it?

The video below (in Chinese) shows Diaoyutai Yard 7, next to the Second Ring Road to the west of the city, where apartments are sold for RMB 300,000/sqm. Despite the high price tag, 106 out of 116 apartments have already sold.