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Property Prices in Shanghai, shows that the average price per square meter is over 103,000RMB in the city centre and 48,000 outside the city centre. Search for real estate in Shanghai, China and find real estate listings in Shanghai, China. In Shanghai, the price is about RMB 26,356 per square meter (above USD 376 per square feet), much higher than that in many big cities in developed countries. The average new home price, meanwhile, fell 6.7 percent week over week to 53,176 yuan (US$7,739) per square meter as a result of a structural shift toward medium to low-end houses. Homes For Sale in Shanghai, China | CENTURY 21 Global. Provide the latest information on Shanghai properties, with timely follow-ups on customer’s requirements, we will provide the best possible selections as per your criteria. More and more Chinese urban dwellers, especially those who earn low salaries and live in metropolitan areas such as Shanghai are challenged by escalating housing prices. The price of new homes, excluding those designated for relocated residents under urban redevelopment plans, soared to a record 22,270 yuan per square meter on average in Shanghai last week. Price per square meter in the city center: RMB 100.000 / square meter Price per square meter outside the city center: around RMB 47.000 / square meter. Price per square metre. The cost of living score is calculated based on accumulating the cost of food, transportation, health services, rent, utilities, taxes, and miscellaneous. The two other plots are in Baoshan district and Putuo district. SEVEN-DAY new home sales fell last week in Shanghai amid lackluster supply while a structural shift helped push up average price above the 50,000 yuan (US$7,222) per square meter threshold for the first time in five weeks. But the price … Cost of living data are derived from actual housing sales data and extensive research using authoritative online databases for consumables, fuel costs, tax rates, etc. New, Everything you need to know about the industry development, Find studies from all around the internet. Shanghai Municipal Statistics Bureau. It has a plot ratio of 1:1.8 You need a Single Account for unlimited access. The information above is a sample of data available in ERI Economic Research Institute's Relocation Assessor. The ideal entry-level account for individual users. New, Figures and insights about the advertising and media world, Industry Outlook Paris, France: 14,893.04 $ 12. This statistic is not included in your account. Shanghai topped the housing price list with an average of 42,000RMB per meter square. You can only download this statistic as a Premium user. Learn more about how Statista can support your business. Prices in Lingang rose in August an average 5.5 percent to 1,100 yuan per square meter, according to Century 21. This map shows for the first time the average price per m 2 of houses in each postcode district in England & Wales. You only have access to basic statistics. Beijing has set a new housing price record of 500,000 yuan (about $80,550) per square meter for a courtyard-style property, China Business News reports. Get details of properties and view photos. Corporate solution including all features. The cost of food in Shanghai is more expensive than China average and earns a score of, The cost of transportation in Shanghai is less expensive than China average and earns a score of, The cost of housing in Shanghai is more expensive than China average and earns a score of. They have been rising precipitously now for at least a decade, with an … Shanghai has adopted four approaches to affordable housing for different types of residents. In Shenzhen, the average transaction price of a first-hand residential housing rose by 1.3% to CNY 55,632 (US$ 7,910) during the year to Q2 2019. Update, Insights into the world's most important technology markets, Advertising & Media Outlook Enter your current city, US zip code, state, or country, Enter a city, US zip code, state, or country to compare. Residential For Rent in Shanghai, China | CENTURY 21 Global. A development in Nanhui topped all after selling 17,385 square meters of new homes, or 161 units, for an average price of around 40,000 yuan per square meter. Directly accessible data for 170 industries from 50 countries In Shanghai, the average transaction price of first-hand mass commodity residential housing fell by 4.1% q-o-q to CNY 54,200 (US$ 7,707) per sq. SHANGHAI—Despite a housing downturn in China, a developer bought a plot of land in Shanghai this week at what is believed to be a record-high price per square meter. Please contact us to get started with full access to dossiers, forecasts, studies and international data. As soon as this statistic is updated, you will immediately be notified via e-mail. This feature is limited to our corporate solutions. AVERAGE cost of new homes fell to the lowest in Shanghai in 18 weeks amid a structural change while purchasing activities also dropped notably, according to latest market research. However, prices were down by 3.6% q-o-q. That year, one square meter of newly built residential property within the inner ring of Shanghai cost around 110,500 yuan on average. The high population density is one of the factors to make Shanghai one of the most expensive cities to live in China. As a Premium user you get access to background information and details about the release of this statistic. Shanghai Municipal Statistics Bureau. Connect to real estate Agents in Shanghai, China on CENTURY 21 Global. Average per square metre (sq. Every year China investors are given the warning that Shanghai housing prices are out of control. Are you interested in testing our corporate solutions? Close Story Tools Geneva, Switzerland: 14,947.97 $ 11. Other Patents Pending. Cities like Hangzhou, Guangzhou, and Xiamen are catching up at more than 20,000 RMB per square meter. To generate detailed cost of living reports suitable for creating cost comparisons for relocating employees customized to spending patterns, please consult ERI's Relocation Assessor. Beijing, Shanghai, and Shenzhen are the three most expensive cities to purchase an apartment in. Patent Numbers US 6,862,596 and 7,647,322. Shanghai new home price soared to an average 25,910 yuan ($3,771) per square meter by the end of 2016, reported the Laodong Daily. China: Square metre prices, premier city centre, US$. The 29,611-square-meter Baoshan project has a minimum bid price of RMB 40.42 million, equal to RMB 7,549 per square meter, with the number of housing units offered for sale at 592. Shanghai Municipal Statistics Bureau. You need at least a Single Account to use this feature. m. in Q2 2019. 2021 © ERI Economic Research Institute, Inc. ALL RIGHTS RESERVED. Chart. It is under the direct administration of the State Council of China. It paid 1.7 billion yuan, an average price of 25,919 yuan per square metre that represented a 133 per cent premium over the starting price. Nanjing. Search for real estate in Shanghai, China and find real estate listings in Shanghai, China. Add up your past jobs, education, and experience and find your market rate. Register in seconds and access exclusive features. Real estate agents. A paid subscription is required for full access. Then you will be able to mark statistics as favourites and use personal statistics alerts. Proven reliable process Accessed January 17, 2021. https://www.statista.com/statistics/993524/china-average-price-of-new-residential-property-in-shanghai-by-location/. February 5, 2020. In Shanghai’s high-end market, the average residential property price has skyrocketed and exceeded 70,000RMB (around $10,000) per meter square. Be it serviced apartments, villas, apartments or old house, we got it all and at the best possible price. facts. The average … Price Rankings by City of Price per Square Meter to Buy Apartment in City Centre (Buy Apartment Price) ... Shanghai, China: 15,156.14 $ 10. Please create an employee account to be able to mark statistics as favorites. Premium user you get access to this and all other statistics on 80,000 topics from at more 20,000... This map shows for the first time the average price per square meter of newly built residential property the! Estate in Shanghai, China on CENTURY 21 Single account to use this feature topped housing... 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