Enter your current city, US zip code, state, or country, Enter a city, US zip code, state, or country to compare. 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. Every year China investors are given the warning that Shanghai housing prices are out of control. Shanghai new home price soared to an average 25,910 yuan ($3,771) per square meter by the end of 2016, reported the Laodong Daily. In China, real estate prices are typically quoted on a per square-metre basis. In Shanghai, the average transaction price of first-hand mass commodity residential housing fell by 4.1% q-o-q to CNY 54,200 (US$ 7,707) per sq. Connect to real estate Agents in Shanghai, China on CENTURY 21 Global. Chart. > Price per Square Meter to Buy Apartment in City Centre, Buy Apartment Price. Be it serviced apartments, villas, apartments or old house, we got it all and at the best possible price. Accessed January 17, 2021. https://www.statista.com/statistics/993524/china-average-price-of-new-residential-property-in-shanghai-by-location/. Other Patents Pending. You can only download this statistic as a Premium user. Learn more about how Statista can support your business. Average price per square meter, rents, apartment price to income ratio, mortgage affordability and other relevant economic indicators improtant to look at when considering to invest in Shanghai, China. However, prices were down by 3.6% q-o-q. Average per square metre (sq. Try a free demo of the cloud-based Relocation Assessor. 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. 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. March saw housing prices across China’s major cities go up for the tenth consecutive month. Residential For Rent in Shanghai, China | CENTURY 21 Global. Germany: house price index Q1 2016-Q4 2019, Number of shopping centers in Germany 1965-2018, Retail space of shopping centers in Germany 1965-2020, Take-up rate for warehouses in the logistics market in Germany 2014-2019. This feature is limited to our corporate solutions. Shanghai Municipal Statistics Bureau. 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. m. in Q2 2019. 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. In 2016 the average cost of property sold in England and Wales was £2,395 per square metre. (2020). Geneva, Switzerland: 14,947.97 $ 11. However, in many provincial cities, prices are less than 7,000 RMB per square meter. This map shows for the first time the average price per m 2 of houses in each postcode district in England & Wales. 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. As a Premium user you get access to background information and details about the release of this statistic. Corporate solution including all features. Buildings for social housing were excluded. Statista. Add up your past jobs, education, and experience and find your market rate. In, Shanghai Municipal Statistics Bureau. You only have access to basic statistics. Shanghai is the most expensive city to live, with its average property price of 28,147 yuan per square meter, 0.45 percent higher than that in February. Figures have been rounded. That year, one square meter of newly built residential property within the inner ring of Shanghai cost around 110,500 yuan on average. Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Technology Market Outlook Are you interested in testing our corporate solutions? Then you will be able to mark statistics as favourites and use personal statistics alerts. 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. The cost of housing in Shanghai is more expensive than China average and earns a score of 2 out of 10. Prices in Lingang rose in August an average 5.5 percent to 1,100 yuan per square meter, according to Century 21. Shanghai topped the housing price list with an average of 42,000RMB per meter square. Please contact us to get started with full access to dossiers, forecasts, studies and international data. Shanghai's average housing prices reached 5,118 yuan per square meter, an increase of 24.2 percent from a year before, five times as many as the land price growth. Price per square metre. 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. (February 5, 2020). 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 information above is a sample of data available in ERI Economic Research Institute's Relocation Assessor. Beijing, Shanghai, and Shenzhen are the three most expensive cities to purchase an apartment in. It has a plot ratio of 1:1.8 House Prices per Square Metre in England & Wales Based on a huge new release of government data, mapped by Anna Powell‑Smith. As soon as this statistic is updated, you will immediately be notified via e-mail. Directly accessible data for 170 industries from 50 countries Recently the local government in Shanghai has introduced a price ceiling for the sale of apartments to deal with the huge increase in prices over the last few years. Average price of newly built residential property in Shanghai, China in 2019, by location (in 1,000 yuan per square meter) [Graph]. The high population density is one of the factors to make Shanghai one of the most expensive cities to live in China. Proven reliable process Get details of properties and view photos. Shanghai has adopted four approaches to affordable housing for different types of residents. “The land we bought is very scarce. 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. Its 118 suites, ranging from 290 to 390 square metres and priced between 120,000-190,000 yuan per square metre, requires at least 35 million yuan investment. 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. Home prices in Shanghai rose 7.7 percent in August from a … 2021 © ERI Economic Research Institute, Inc. ALL RIGHTS RESERVED. Close Story Tools Search for real estate in Shanghai, China and find real estate listings in Shanghai, China. Then you can access your favorite statistics via the star in the header. You need a Single Account for unlimited access. Available to download in PNG, PDF, XLS format, Access to this and all other statistics on 80,000 topics from. They have been rising precipitously now for at least a decade, with an … 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. In Shanghai’s high-end market, the average residential property price has skyrocketed and exceeded 70,000RMB (around $10,000) per meter square. The two other plots are in Baoshan district and Putuo district. Profit from additional features by authenticating your Admin account. Nanjing, capital of Jiangsu Province, is a famous historical and cultural city. Shanghai Municipal Statistics Bureau. 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. The cost of living score is calculated based on accumulating the cost of food, transportation, health services, rent, utilities, taxes, and miscellaneous. Average price of newly built residential property in Shanghai… New, Figures and insights about the advertising and media world, Industry Outlook 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. The following are collected for use in determining the cost of housing score: square footage, monthly rent, home prices… Search for real estate in Shanghai, China and find real estate listings in Shanghai, China. As of August 2012, residential property was traded at an average price of 22,703 yuan ($3601) per square meter, while the national average was 15,500 yuan ($2458) per square meter. The mean selling price of properties in and around downtown Shanghai rose by 41.8% to 33,577 yuan per square meter, according to SSB. Price Rankings by City of Price per Square Meter to Buy Apartment in City Centre (Buy Apartment Price) ... Shanghai, China: 15,156.14 $ 10. A cost of housing score of 1 indicates most expensive while a 10 represents cheapest. ", Shanghai Municipal Statistics Bureau, Average price of newly built residential property in Shanghai, China in 2019, by location (in 1,000 yuan per square meter) Statista, https://www.statista.com/statistics/993524/china-average-price-of-new-residential-property-in-shanghai-by-location/ (last visited January 17, 2021), Average price of newly built residential property in Shanghai, China in 2019, by location, Residential buildings - building permits index development Germany 2008-2019, Residential buildings with multiple dwellings - permits index Germany 2008-2019, Residential buildings - building permits rate of change Germany 2008-2019, Buildings with multiple dwellings - building permits change rate Germany 2008-2019, Average rent price of residential property in Germany 2015-2020, by city, Quarterly house price to income ratio in Germany 2015-2020, Quarterly house price to rent ratio in Germany 2015-2020, Gross residential mortgage lending in Germany Q2 2014-Q2 2020, Outstanding residential mortgage lending in Germany Q2 2014-Q2 2020, Mortgage interest rate in Germany Q1 2013- Q4 2019, Germany: housing conditions by dwelling type 2018, Prime rent of office real estate in Munich 2013-2019, Prime rent of office real estate in Berlin year-on-year in Q4 2013-Q4 2019, Prime rent of office real estate in Hamburg year-on-year 2013-2019, Prime rent of office real estate in Frankfurt 2013-2019, Prime office yields in select European countries 2019, Prime office yields in Germany Q3 2019, by city, Vacancy rate of office real estate in Frankfurt 2013-2019, Vacancy rate: office real estate in Berlin 2013-2019, Rent costs in leading logistics markets in Germany H1 2019 - H1 2020, by city, Take up of logistic real estate in Germany H1 2019 - H1 2020, by region, Distribution of take up of logistic real estate in Germany H1 2020, by sector, Sales area of commercial residential properties in Shanghai 2009-2019, Area of rental residential housing in Shanghai 2010-2018, Area of residential property under construction in Shanghai 2016-2019, Monthly price change of newly built commercial residential building Beijing 2018-2019, Purchasing price of sold holiday houses in Denmark monthly 2018-2019, Monthly price change of second-hand residential buildings in Beijing 2018-2019, Volume index of residential newbuilding in Finland 1995-2018, Average prices of old detached houses in Finland quarterly 2016-2019, Price of ready-built houses for sale in the Greater Tokyo Area 2010-2019, Average size of condominiums in Osaka Prefecture 2010-2019, Tsubo prices of condominiums in Kanagawa Prefecture 2008-2017, Percentage change of housing and rental prices in Trondheim, Norway 2012-2017, Santiago's residential building costs by building type 2018, Average size of condominiums in the Greater Osaka Area 2010-2019, Tsubo prices of condominiums in the Greater Tokyo Area 2008-2017, Major real estate agencies in Japan 2020, by management unions, Residential real estate floor area sold in China 2009-2019, Number of ready-built houses contracted in the Greater Tokyo Area 2008-2017, Average price of newly built residential property in Shanghai, China in 2019, by location (in 1,000 yuan per square meter), Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre. You’re not required to hire a solicitor in China, usually a real estate agent will help you through the process. Pretty ridiculous for paying. Beijing has set a new housing price record of 500,000 yuan (about $80,550) per square meter for a courtyard-style property, China Business News reports. Nanjing. As a Premium user you get access to the detailed source references and background information about this statistic. Update, Insights into the world's most important technology markets, Advertising & Media Outlook "Average price of newly built residential property in Shanghai, China in 2019, by location (in 1,000 yuan per square meter)." February 5, 2020. m.) prices in US$/€ of 120-sq. The Relocation Assessor includes cost of living differentials for 10,000 areas worldwide and allows for customization based on salary, housing, family size, consumption, services, and travel. As apartments aren't usually as small as Hong Kong or Tokyo, moreover, this usually means that buying in the city centre will cost $1M+. The city is located on the southern estuary of the Yangtze, with the Huangpu River flowing through... ERI's Geographic Assessor software makes it easy to calculate geographic cost of labor differentials for setting branch office salary structures and more. But the price … 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. The ideal entry-level account for individual users. Register in seconds and access exclusive features. "Average Price of Newly Built Residential Property in Shanghai, China in 2019, by Location (in 1,000 Yuan per Square Meter). In October, developer Country Garden Holdings slashed prices on its unsold condominiums in the eastern outskirts of Shanghai from 35,000 yuan ($5,068) per sq. Please authenticate by going to "My account" → "Administration". New, Everything you need to know about the industry development, Find studies from all around the internet. and over 1 Mio. Connect to real estate Agents in Shanghai, China on CENTURY 21 Global. Real estate agents. Shanghai (Chinese: 上海, Shanghainese pronunciation: [zɑ̃̀.hɛ́] (listen), Standard Mandarin pronunciation: [ʂâŋ.xài] (listen)) is one of the four direct-administered municipalities of the People's Republic of China. Analysis of prices for investment in residential properties in Shanghai, China. You need at least a Single Account to use this feature. China: Square metre prices, premier city centre, US$. Unsurprisingly, 19 of the top 20 most expensive local authority areas are in London, with Kensington and Chelsea, the City of London, Westminster and Camden topping the list. The average … Get details of properties and view photos. Please create an employee account to be able to mark statistics as favorites. A paid subscription is required for full access. 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. Facebook: number of monthly active users worldwide 2008-2020, Smartphone market share worldwide by vendor 2009-2020, Number of apps available in leading app stores 2020, Profit from additional features with an Employee Account. Shanghai Municipal Statistics Bureau. These properties aren't for the poor. Note: 1 yuan equals approximately 0.14 U.S. dollars and 0.13 euros (as of June 2020). This statistic is not included in your account. It is under the direct administration of the State Council of China. Please do not hesitate to contact me. Cities like Hangzhou, Guangzhou, and Xiamen are catching up at more than 20,000 RMB per square meter. facts. Paris, France: 14,893.04 $ 12. Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: Industry-specific and extensively researched technical data (partially from exclusive partnerships). Homes For Sale in Shanghai, China | CENTURY 21 Global. Patent Numbers US 6,862,596 and 7,647,322. 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. Of housing score of 1 indicates most expensive while a 10 represents.... Old house, we got it all and at the best possible price saw prices! Admin account the most expensive cities to purchase an Apartment in of 1:1.8 has... 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