Welcome to Forest Manor, a gated community on the outskirts of Shanghai. The American, Korean, and British international schools are minutes away. Forest Manor is a veritable architectural theme park, with Antebellum, Neoclassical, Norman, and American Southwest styles on display. ``It makes me think of Disneyland,'' says Shirley Yeung, a Guangzhou-born, ex-JPMorgan Chase & Co. () banker who runs her own investment advisory. She bought her 400-square-meter mock Tudor mansion, with a creek and 40-foot trees, two years ago for about $770,000. Today it's worth twice that.
Despite the recent turmoil in the property market, the value of Forest Manor and other developments of single-family homes should hold strong: The city last year forbade the construction of new single-family homes because of land scarcity. A U.S. lawyer who rents to the Wilsons makes an average 10% return on his four properties. Pretty good for a Norman Rockwell lifestyle. By Frederik Balfour in Shanghai