China

Square Metre Prices - China Compared to Continent

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Indonesia	$1,287
Malaysia	$1,366
Philippines	$1,939
Thailand	$2,495
Cambodia	$2,668
China	$2,834
Taiwan	$3,919
India	$9,542
Singapore	$11,324
Japan	$13,814
Hong Kong	$15,424

 

 

China: Square metre prices, premier city centre, US$.

Average per square metre (sq. m.) prices in US$/€ of 120-sq. m. apartments located in the centre of the most important city of each country, either the:

• Administrative capital; and/or
• Financial capital; and/or
• The centre of the rental market

Residential square metre prices published by the Global Property Guide are based on in-house research, using a simple method we systematically scan web advertisements, looking at offers for sale, and offers for rent, of resale apartments and houses.

Properties are in excellent condition, with good facilities, and have been refurbished or redecorated within the last five years.

Newly-built and pre-sale property prices are not included. Buyers should expect the prices of new properties to be higher than house prices published by the Global Property Guide.

When was this data collected? Click on individual countries to see the data collection date.

Many countries produce residential house price time-series.

Source: Global Property Guide Research

 

China has poor house price statistics. The National Bureau of Statistics of China (NBSC) has quarterly house price time-series but these are not publicly available. Another source of house price indices is eHomeday, Shanghai's largest property market web site, which has time-series for Shanghai, Nanjing, Hangzhou, Beijing, Yangzhou and Suzhou (but the site is only in Chinese, and no time-series are available). Colliers International publishes useful housing data in their quarterly property market reviews. General economics statistics are available from the NBSC and the People’s Bank of China.