Luohu is a small area that has played an important part in the history of modern Shenzhen city. It was one of the first areas to be developed when the Chinese government began establishing new economic zones outside of Beijing.
Luohu’s development was made possible by the Luoxing Group.
This group initially wanted to make Luohu bridge the gap between the Luohu district and Lo Wu district on either side of it.
Luohu was also known for being one of the most popular places where Hong Kongers would migrate to after China’s Hand-in-Hand campaign in 1979 during Deng Xiaoping’s regime that opened the Luohu and Lo Wu border even further border.
It was also one of the first Hong Kong-Shenzhen shared areas since the Luoxing Group, shared its land with the Hong Kong Luohu Development Company so that people from Hong Kong could migrate to this area to work and do business.
Let’s discover more about Luohu’s history and current importance and see why people move there.
Why Move to Luohu?
Central to Business, Finance, and Trading
Luohu has stuck around for thirty years where it started out as a small village in Shenzhen, but is now home to many businesses and young adults due to its close proximity to Luohu Commercial City (LCC). This makes Luohu the central point between the CBD of Luoho district and Lo Wu district since it is quite close in proximity. In fact, it is well within walking distance, and even faster by bus.
For those who want to be close to the action, have businesses, or have professions in finance and trading, Luohu is the ideal place to live in.
A Good Area for Expats
Luohu is also a popular spot for expats, with the Luohu Commercial City housing many of Luohu’s foreign residents. If you choose a Luoho apartment for rent near LCC you will have the best of all worlds since the CBD of Luoho is only an hour walk away from your doorsteps while Lo Wu gives you access to Hong Kong.
This is also a primary reason why expat apartments in Luohu are sought after.
Luhuo is known as one of the most peaceful areas between Shenzhen and Hong Kong, given that it is not known for its natural beauty. The former fishing village has retained some of its natural charm, allowing people to take in the nature, the culture, and the heritage of the district.
At the same time though, it also sports a very modern feel and look, giving it the best of both worlds.
There are many landmarks in Luohu that allow expats to appreciate nature. These landmarks include several rivers as well as Wutong Mountain. This mountain is a very popular destination for expats and locals alike. Within this mountain are several physical activities rolled into one.
The hiking trails are varied, with paths cut for all types of skill levels. Beginners and experienced climbers can both enjoy the breathtaking views and vistas.
Services and Shops
Luohu has all types of services and affordable products that people may need. For starters, Luohu acts as a sort of Mecca for shoppers. This is mainly because the shops sell designer clothing as well as priceless antiques. At the same time though, affordable versions of products and clothing are also available.
In terms of services, expats will find no shortage of places to visit and enjoy. These include karaoke bars and nightclubs.
Price Range of Apartments in Luohu
Due to its position and proximity to important business, financial, and trading areas, apartments in Luohu are sought after. In terms of prices though, they mostly follow standard rates and costings.
A decent-sized apartment in Shenzhen can range anywhere from RMB 6,500 to 8,000. The size will come in at just about 85 to 90 meters. In certain districts, it also possible to find apartments with the average rent at just RMB 5,000. It is possible though to find bigger apartments though, with the rent rising up to RMB 30,000.
A 1-bedroom apartment can have rent as low as RMB 1,200 a week. A 2-bedroom, RMB 5,500. Finally, a 3-bedroom plays in the range of RMB 13,000 to 15,000.
A Vital Centerpiece
Luohu is a vital centerpiece of many things in Shenzhen. It is at the center of trade and commerce. With more growth, it stands to become an international business hub in the already booming economy of China.
For expats, moving and finding an apartment in Luohu is not a bad idea. It is a location close to innovation and growth. At the same time, it is also an ideal location for people who want to have the best of both worlds in terms of appreciating nature and living in a modern-styled society.
Whether you want a quiet community free from pollution or just need some peace after experiencing a city’s busy streets for too long, Luohu has something that will suit your lifestyle needs.