I am a young Chinese man who has, for some time now, found myself more interested in the Chinese real estate market than anything else. It is the drama of my day, my era, as a young person of the ‘boom’ generation. Your program in Real Estate at the University of XXXX offers ‘read-world’ case studies and field trips; this is why your program is my first choice for graduate school. I have thus far studied business at two prestigious business schools - Kelley School of Business at Indiana University and Quinn School of Business at University College Dublin – and this has prepared me to hit the ground running and excel at the University of XXXX.
After spending my first two years of college studying in the USA, I went home to China during Christmas break and was shocked to see how much development had gone on during my absence in my home town of Guangzhou, the city where I was born and raised. One of my classmates and friends from back home invited me to visit “The Bayview,” a luxurious residential property developed by the Kingold Group. Standing on the balcony and looking around me, I was shocked at how fast the central business district of my city had developed in such a short time. My friend Sun bragged about what an amazing investment his family had made by purchasing this property: with the price going up from US$15,000 per square meter to US$28,000 per square meter in just two years.
The drama, the high stakes, the money to be made or lost, all of this has progressively left me riveted to China’s real estate market and I am caught up in this drama. I could not be more certain that this is my calling, my lifelong work, to learn all that I can and become a player in China’s real estate market. While I was growing up, it seemed that most of the adults around me were talking about real estate much of the time. So, I began to learn about it and study it, paying special attention when the subject came up. In time, I was able to imagine what some of the forces were that were driving this market, and what some of the dangers or pitfalls might be as well.
I hope to be selected to your especially distinguished Real Estate Program at the XXXX Business School at the University of XXXX for a variety of reasons, most of all the sheer excellence of your program – as well as its location. I look forward to a full immersion experience in Real Estate at Reading that will prepare me for a lifetime of contribution to our industry, helping people and their offspring to live longer, happier, healthier, and more sustainable lives. I appreciate the way that Real Estate plays an especially vital role in our country’s national economy. The investment and valuation knowledge I hope to acquire as a student in your distinguished program will enable and inspire me to make my maximum contribution to the advancement of my society, especially in terms of helping to build a strong economy.
My sales experience in both the United States and China in student housing and SOHO apartments represented my first steps in the industry. Later on, my internship with the leading Real Estate and investment firm Cushman & Wakefield helped me to master a variety of critical skills including the critical analysis of the role of location. As an active member of the Real Estate Club at Indiana University, I had the profound privilege of listening to the lectures and presentations of industry leaders concerning many of the latest industry trends.
After completing your program at the University of XXXX, I look forward to gaining another 5-10 years of industry experience, giving my all to one or more firms, and then joining a Real Estate private equity company and devoting most of my energy to asset management. I have a lot of Real Estate internship experience and I've been studying the subject now in two prestigious business schools in both North America and Europe.
I am well-travelled and this has enhanced my capacity for understanding people of all different walks of life and nationalities and communication in multilingual communities. I am fully fluent in Cantonese as well as my mother tongue Mandarin, and I have also studied for a semester abroad in Ireland, spending significant amounts of time as well in the rest of the UK and Europe, as well as much of South East Asia and Central America.
I thank you, the admission office of the University of XXXX for considering my application to your Real Estate Program.