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.

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Eight Park Avenue Compound in Shanghai Jing'an District

Eight Park Avenue is one the most frequently requested communities in Downtown Shanghai. Located on Xikang Road, it is very convenient for expats who work near the West Nanjing Road commercial area - many top offices are located here, such as Plaza 66 and CITIC Square. Further, plenty of Western bars and restaurants are nearby, and as a consequence, many expats live not only in the compound, but also in this neighborhood. Most apartments come with modern elegant design concepts. Layouts range from 1 to 4 bedrooms. Residents have free access to all onsite facilities including an olympic (50m) indoor swimming pool, tennis court, gym, squash court, table-tennis court, snooker, badminton & basketball court, bowling, chess & poker room, café, reading room, and children's playroom. More pictures, details, and available apartments in Eight Park Avenue Shanghai can be found here .

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...

Huacao Town in Shanghai's Minhang District

Huacao Town is located to the West of Shanghai, within the Greater Hongqiao area and at the northern tip of Minhang District. The area has a vibrant international community where families thrive educationally and socially. It lies fifteen minutes west of the Hongqiao Transportation Hub, connecting the west of the city through road, bus, train and air links. Read more here: Huacao Town

HAO Realty Shanghai

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