Cypress Heights was built in 1995 and it was one of the luxury residences for the old rich in Shanghai in the old days. It is located on the edge of the outer ring, in the center of Hongqiao Hub, within 15-min drive to Hongqiao Airport. The boutique complex offers 35 standalone villas and each house is well sized. There are limited rental options in the compound, most of the houses are lived by owners themselves. The rental prices are usually quoated at RMB 60,000 monthly onwards.