China is once again projected to build the greatest number of tallest buildings in the world during 2015 with the completion of 11 soaring towers, according to The Council on Tall Buildings and Urban Habitat.

Shanghai Tower in Shanghai is expected to reach the highest in China’s new builds at 128 storeys, followed by Marina 101 in Dubai at 101 storeys.

In 2014, China built 58 200-metre-plus buildings—an estimated 60 per cent of the global total and a 61 per cent jump from 2013.

A report from Jonathan Hsu and Cynthia Chan, director and senior analyst, respectively, at CBRE Asia-Pacific Headquarters, emphasizes that super-tall buildings in Asia are believed to help spur healthy financial centres and “reposition economies.”

However, along with these vertical splendors, political stability and effective legal and tax systems, among other measures, must also be established.

Concerns of oversupply linger as the Chinese economy slows and the financial sector feeds less demand.

Yet, this could present a chance for occupiers in other sectors across the world to obtain prestigious office space in good locations for cheaper rents.

Regardless of the risks, CBRE says the next five years will result in a number of vertical structures erecting in China, as well as South Korea, allowing landlords to achieve global recognition and “raise industry standards and expectations related to construction and property management.