House Prices per Square Metre in England & Wales Based on a huge new release of government data, mapped by Anna Powell‑Smith. It is under the direct administration of the State Council of China. A cost of housing score of 1 indicates most expensive while a 10 represents cheapest. It has a plot ratio of 1:1.8 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. In China, real estate prices are typically quoted on a per square-metre basis. 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. 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. Cities like Hangzhou, Guangzhou, and Xiamen are catching up at more than 20,000 RMB per square meter. As soon as this statistic is updated, you will immediately be notified via e-mail. You need a Single Account for unlimited access. Profit from additional features by authenticating your Admin account. 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. 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. 2021 © ERI Economic Research Institute, Inc. ALL RIGHTS RESERVED. You need at least a Single Account to use this feature. Shanghai has adopted four approaches to affordable housing for different types of residents. Add up your past jobs, education, and experience and find your market rate. As a Premium user you get access to the detailed source references and background information about this statistic. 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. Patent Numbers US 6,862,596 and 7,647,322. Average price of newly built residential property in Shanghai… Enter your current city, US zip code, state, or country, Enter a city, US zip code, state, or country to compare. 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. ", 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. Shanghai Municipal Statistics Bureau. In Shanghai’s high-end market, the average residential property price has skyrocketed and exceeded 70,000RMB (around $10,000) per meter square. Get details of properties and view photos. This map shows for the first time the average price per m 2 of houses in each postcode district in England & Wales. 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. Shanghai Municipal Statistics Bureau. You can only download this statistic as a Premium user. 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. The cost of living score is calculated based on accumulating the cost of food, transportation, health services, rent, utilities, taxes, and miscellaneous. Proven reliable process This statistic is not included in your account. Shanghai topped the housing price list with an average of 42,000RMB per meter square. 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. m. in Q2 2019. 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. 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. As apartments aren't usually as small as Hong Kong or Tokyo, moreover, this usually means that buying in the city centre will cost $1M+. In 2016 the average cost of property sold in England and Wales was £2,395 per square metre. New, Figures and insights about the advertising and media world, Industry Outlook Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: Industry-specific and extensively researched technical data (partially from exclusive partnerships). "Average Price of Newly Built Residential Property in Shanghai, China in 2019, by Location (in 1,000 Yuan per Square Meter). The high population density is one of the factors to make Shanghai one of the most expensive cities to live in China. Corporate solution including all features. Facebook: number of monthly active users worldwide 2008-2020, Smartphone market share worldwide by vendor 2009-2020, Number of apps available in leading app stores 2020, Profit from additional features with an Employee Account. “The land we bought is very scarce. Try a free demo of the cloud-based Relocation Assessor. In, Shanghai Municipal Statistics Bureau. Available to download in PNG, PDF, XLS format, Access to this and all other statistics on 80,000 topics from. Average per square metre (sq. Shanghai's average housing prices reached 5,118 yuan per square meter, an increase of 24.2 percent from a year before, five times as many as the land price growth. Nanjing. facts. > Price per Square Meter to Buy Apartment in City Centre, Buy Apartment Price. Other Patents Pending. February 5, 2020. The price of new homes, excluding those designated for relocated residents under urban redevelopment plans, soared to a record 22,270 yuan per square meter on average in Shanghai last week. Learn more about how Statista can support your business. m.) prices in US$/€ of 120-sq. China: Square metre prices, premier city centre, US$. Please contact us to get started with full access to dossiers, forecasts, studies and international data. Figures have been rounded. Accessed January 17, 2021. https://www.statista.com/statistics/993524/china-average-price-of-new-residential-property-in-shanghai-by-location/. New, Everything you need to know about the industry development, Find studies from all around the internet. Shanghai Municipal Statistics Bureau. Price per square metre. Connect to real estate Agents in Shanghai, China on CENTURY 21 Global. The two other plots are in Baoshan district and Putuo district. Directly accessible data for 170 industries from 50 countries Update, Insights into the world's most important technology markets, Advertising & Media Outlook The following are collected for use in determining the cost of housing score: square footage, monthly rent, home prices… Price Rankings by City of Price per Square Meter to Buy Apartment in City Centre (Buy Apartment Price) ... Shanghai, China: 15,156.14 $ 10. Nanjing, capital of Jiangsu Province, is a famous historical and cultural city. Please authenticate by going to "My account" → "Administration". But the price … 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. Paris, France: 14,893.04 $ 12. Analysis of prices for investment in residential properties in Shanghai, China. The cost of housing in Shanghai is more expensive than China average and earns a score of 2 out of 10. Geneva, Switzerland: 14,947.97 $ 11. Pretty ridiculous for paying. Home prices in Shanghai rose 7.7 percent in August from a … March saw housing prices across China’s major cities go up for the tenth consecutive month. However, prices were down by 3.6% q-o-q. You’re not required to hire a solicitor in China, usually a real estate agent will help you through the process. Search for real estate in Shanghai, China and find real estate listings in Shanghai, China. However, in many provincial cities, prices are less than 7,000 RMB per square meter. Statista. 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 information above is a sample of data available in ERI Economic Research Institute's Relocation Assessor. They have been rising precipitously now for at least a decade, with an … That year, one square meter of newly built residential property within the inner ring of Shanghai cost around 110,500 yuan on average. The ideal entry-level account for individual users. Be it serviced apartments, villas, apartments or old house, we got it all and at the best possible price. 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 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. Buildings for social housing were excluded. Average price of newly built residential property in Shanghai, China in 2019, by location (in 1,000 yuan per square meter) [Graph]. Then you can access your favorite statistics via the star in the header. Close Story Tools 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. 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. These properties aren't for the poor. Please create an employee account to be able to mark statistics as favorites. Register in seconds and access exclusive features. 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. 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. The average … 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. Every year China investors are given the warning that Shanghai housing prices are out of control. (2020). As a Premium user you get access to background information and details about the release of this statistic. Prices in Lingang rose in August an average 5.5 percent to 1,100 yuan per square meter, according to Century 21. Please do not hesitate to contact me. Beijing, Shanghai, and Shenzhen are the three most expensive cities to purchase an apartment in. 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. 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. 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. Then you will be able to mark statistics as favourites and use personal statistics alerts. Directly accessible data for 170 industries from 50 countries and over 1 Mio star in the header Apartment. 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