After I posting Living Cost in Shanghai last November, many people asked for more information related to house, tuitions, salary, even the cost of deliver a baby. :-)
I can understand that all such kinds of information are very critical to people who are going to relocate to Shanghai. I am trying my best to provide more....
Houses
The latest news (Chinese site), the average house price for Jan to March this year reached 5315 RMB / sq. meter, a 12.18% increase than the last year. The new apartment reaches 6555 RMB /sq. meter in May.
Typical houses in Shanghai are from 100 m2 to 130 m2. These are for normal Chinese people with relatively high income - above 4000 RMB, maybe.
Of cause there are always fantastic large house that is at least 300 sq meters. There are lot of very nice single house near Sheshan. The price is about 9000 RMB per sq meter.
Besides single house in nearby areas outside downtown Shanghai, very high priced houses are also available. The latest "Sheng Da Jin More