Skip to main content

KNOWING THE SHANGHAI HOUSING MARKET

Finding an apartment for rent in Shanghai can be hard. Local culture creates a preference for owning a home, which is a de-facto pre-requisite for marriage. The rental market is only a relatively small segment of the real estate industry in Shanghai. Since Shanghai is a migrant city, attracting Chinese and foreign talents alike, demand for good rental apartments is nevertheless high and attractive properties with a fair price tag rent out very fast, sometimes even within 24 hours.

 In order to successfully find an apartment that can be your true home away from home in Shanghai, identifying your needs & requirements is necessary. Depending on your family situation, work or study place, interests, and available housing budget, different property types and locations are preferable.
The Huangpu, Jing'an, Xuhui and Changning districts are the commercial and cultural center of Shanghai. Residential hotspots in this area are the former French Concession, Xintiandi, People's Square, Jing'an Temple, Xujiahui and Gubei. Seeing these areas are both very well listened to for singles as well as for families with children, make it exorbitant prices per visible permanent, family-sized fixture of the housing budget. Singles and couples can pay between RMB 7,000 and RMB 20,000 per month, while RMB 15,000 is the beginning of the spectrum for a 3-bedroom apartment.

Comments

Post a Comment

Popular posts from this blog

TOP 10 Service Apartments Shanghai

Serviced Apartments are furnished apartments that are available for short-term and long-term stays, providing amenities, housekeeping and a range of guest services for guests. Often, utilities are included within the rental price, which makes for easier billing and budgeting. Ever since Shanghai started booming in the early 90s, serviced apartments were a logical choice for expats coming to Shanghai due to a mix of convenience, service, and expectable housing quality. By now, Shanghai has around 7,000 serviced apartment units spread over various projects and all areas of the city, and it is increasingly hard to make a choice.  Based on our assessment of facilities, provided service, location, and the feedback of our expat clients, these are our top 10 picks of serviced apartments in Shanghai. Check them out here: https://www.slideshare.net/PhilippK2/shanghai-best-service-apartments-2020-haorealty
Post a Comment
Read more

Rent Index Shanghai 2018/19

As 2018 is now behind us, we have taken the chance to get a quick look at last year’s state of Shanghai’s residential leasing market. Based on all available and expat-relevant market information (last year we have made status updates to 11,645 rental properties), you can find out which are the most affordable and most expensive areas in Shanghai for expats, and learn about the average prices for various property types and layouts in different residential areas. For better context of the data used for this market report please note: As we are specialized in finding short- and long-term housing for expats (in the sense of professionals sent on Shanghai assignments by their employers), we mostly handle high-end properties that can meet the (often very high) standards said expats are used to in their home countries. Such properties are fitted with imported, modern electronics and home appliances, from home entertainment, over kitchen equipment, to under-floor heating, etc...
Post a Comment
Read more