During the Spring Festival early this February, the apartment near where we live was about 13,500 RMB per sq. meter. To put it into perspective of US standard, you can safely assume it is a 100 sq. meter house with 2 bed rooms, one living room, one dining room, and it costs 1,350,000 RMB.

Today, we find out the price has raised to 17,000 RMB per sq. meter, based on real transaction price. The same apartment of 1.35 million RMB is now 1.7 million RMB, 25% increase in a very short period of 4 months.

To further put it into perspectives, it is at the deep bottom of the world financial crisis, and spreading real estate crisis.

Why This Happens?

Disclaimer: I know nothing about economics although I have a wife whose second major is Technical Economics. :-)

I guess this happens because of the relaxed financial policy the central government put into place. The house agents are pretty sensitive to any policy that affects their business. They said, they can settle all finance related requirements for you if you want to buy a house. For example, they can help those who cannot get mortgage to get it, and they can get 80% of mortgage amount of a house for people who already have many apartments. The previous policy set very high bar for these type of risky borrowers.

That obviously works. When the buyers have financial lever to make the purchase, the house market is activated, and ridiculous thing like 25% increase in 4 months happens.

The following information was submitted:

Name:

CINDY Lee

Location of your apartment:

No.99 Wulumuqi M. Rd, Xuhui District, Shanghai

Facilities:

Two apartments there.

All brand new facilities.

One is 162 sq. meter

One is 149 sq. meter

3 bedrooms and two bathrooms.

Decoration:

Brand new

Is it near Metro?

Expected price per month:

US$3500-4000.

Other comments:

Email address:

cindylee6276@hotmail.com

Name of the apartment:

The Summit

Name:

Steven Lee

Locaiton of your apartment:

Mandarin City located at Gui Bei. Address is Mandarin City, Tower 6, Room 406

Facilities:

Fully furnished three bedrooms apt (Can be converted to two bedrooms and one study room). Living room includes project screen build in. Has two balconies and two bathrooms newly renovated. All bedrooms are south-north direction.

Decoration:

The decoration is trendy and fashion. You can go to http://www.ofoto.com/BrowsePhotos.jsp?showSlide=true&Uc=i18sqzt.97urfd81&Uy=-303mb8&Ux=0

Is it near Metro?

No

Expected price per month:

2400 USD

Picture Available?

No

Email address:

sl215@hotmail.com

Name of the apartment:

Mandarin City

As more and more people are sending emails to me to ask about renting an apartment in Shanghai, and I am not able to help finding apartments for everyone, I’d like to open a form for apartments owners who are targeting to rent the apartment to Shanghai expats. After I get the form, I will create an article based on the apartment and list it onto this website. I hope this can help bridge the owner and the people who want an apartment. This service is free for both side (for now).

Update Novembere 13, 2004

Please be advised that this service has been upgraded to the BBS solution. No apartment offered form is required to submit your apartment information. Please visit Classified: Housing, Apartments to post your properties. It is free.

I will get back to you very soon via the email you provided.

Updated January 11, 2006

The following information was updated on Jan 11, 2006.

Name:

Oriental Express, Beijing

Locaiton of your apartment:

Sanyuan Qiao, in east 3rd ring in Beijing. More information about location.

Facilities:

Newly finished apartment.

Pictures:

Please call +13816106034 or shapartment@gmail.com for more information. Thanks.

The following information was submitted:

Name:

Oana Fourie

Locaiton of your apartment:

343 Huaihai West Road, between Panyu Rd. and Hongqiao Rd., near bus stop (911, 72 etc) and light rail station

Facilities:

South facing, bright and quiet (away from the road)2 bedrooms, 1 bathroom, open plan kitchen, 24 hour security, high-speed Internet connection, friendly landlord

Decoration:

modern finishes and furniture

Is it near Metro?

Nearest Metro station: Xujiahui

Expected price per month:

A BARGAIN! 625 USD/ month (or 5000 RMB)

Picture Available?

No

Other_comment:

We are two architects trying to sublet this apartment urgently (relocating to Beijing). We need to find a tenant from mid August 2004 to end March 2005. Please help!!!

Email address:

ofourie@arqsha.com

Name of the apartment:

Xin Sheng Yuan

The following information was submitted:

Name:

liyu

Locaiton of your apartment:

No. 599,Jiangning road , 600m near to nanjing xilu(CITIC plaza, Meilongzhen Plaza), opporsite to Jing’an sports center

Facilities:

all the living facilities are prepared

Decoration:

Newly decorated

Is it near Metro?

800m to 2th metro line

Expected price per month:

680

Picture Available?

Other_comment:

2 bad rooms, one living room and one washing room, one kitchen room.

Email address:

ssv3@163.com

Name of the apartment:

Jing’an xinge

From landloard:

“The advantage of my apartment is the good location. It only takes 12 minutes to walk to West Nanjing Road( CITIC plaza, Meilongzhen Plaza). You can take gym or swim just against the street (Jing’an sports center). As planned, there will be a grand park across the street in 1 or 2 years with fully green view. The apartment is newly renovated and fully furnished, with all the necessary appliances available.” – Patrick

Locaiton of your apartment:

Jiangning Road (nearby Kangding Road)

Facilities:

2 bedroom/1 livingroom/1 bathroom /1 kitchen

double-deck floor

Picture provided by Patrick Yan. Used with permission.

Decoration:

Fully furnished

Newly Renovated

appliances

balcony

Picture provided by Patrick Yan. Used with permission.

Picture provided by Patrick Yan. Used with permission.

Is it near Metro?

Near Shimen Yi Rd. Station of Metro Line #2

Other_comment:

Nearby JingAn sports center (faciliated with swimming pool & gym); 12min’s walk to West Nanjing road (Citic plaza, Meilongzheng Istane plaza)

Expected price per month:

850 USD

Email address:

Email: patrickyan@public2.sta.net.cn

The following information was submitted:

Name:

Li Qingru

Locaiton of your apartment:

No.388 Luban Rd.(Dapuqiao)

105 sq. m. 27 floor or 16 floor

See the pictures at www.haiyuehuayuan.com

Facilities:

CATV,telephone,internet,gas,

air-conditioner,refrigirator,washing machine etc.

Decoration:

fine new decoration

Is it near Metro?

Expected price per month (in USD)

670-700

Picture Available?

On

Other_comment:

Email address:

liqingru@chinaperfect.biz

Name of the apartment:

Haiyue Garden

The following information was submitted:

Name:

Eric Qin

Location of your apartment:

200meter to Xinzhuang Subway station

Facilities:

Air conditioner, TV, Bath, etc facilities

Decoration:

Good,

Is it near Metro?

Yes, very near

Expected price per month:

800 USD

Picture Available?

Other comments:

Very nice view.

A park in the opposite and a river nearside

Email address:

ericqin959@sina.com

Name of the apartment:

XinZhu Compounds

The following information was submitted:

Name:

Vivian

Location of your apartment:

Room 403, No.588,Pudong Road. Shanghai, China.

There are 31 floors.near Dong Fang Road, and near Shanghai stock market, Shanghai Oriental hospital.

Facilities:

All furniture and all the electric things which will be use are all new.

Decoration:

Very good, feel like to stay inside.

Is it near Metro?

Yes

Expected price per month:

Not specified

Other comments:

It’s a new apartment. No one lived inside before, I hope I can rent to somebody quickly, because I will go abroad for a while, so give this low price. I hope our relationship not only base on the rent, we also can be good friend. Thank you.

Email address:

811019000@sina.com.cn

Name of the apartment:

Kingland Hotel Apartment

The following information was submitted:

Name:

Xu Gu

Location of your apartment:

Room 403, #1, Lane 150, North Lin Yi Road, Pu Dong District

Facilities:

Electric home appliances and furniture are well supplied.

Decoration:

Luxury decorated

Is it near Metro?

Not far away

Expected price per month:

545 USD

Picture Available?

No

Other comments:

It’s convenient for working at both side of the Huang Pu River.

Cell phone 13916551080

attn Xu Gu

Email address:

xugu2004@hotmail.com

Name of the apartment:

The following information was submitted:

Name:

Jenny Ding

Locaiton of your apartment:

At the corner of Cao Yang Road & Lanxi Road.

200 metres away from Caoyang Station of the light-rail

2 stops away from Zhongshan Park.

Facilities:

New,

Fully furnished,

100sq., 2 bed.

Apartment with car parking.

Timber floor.

Air conditioned.

Community antenna tele system.

Computer desks.

Full range of white goods, & kitchen-ware.

Decoration:

Modern, simple.

Is it near Metro?

2 stops (of light-rail) away from Zhongshan Park area which is the commercial centre of west Shanghai, where endless activities, actions, entertaining, etc. going on.

Guarantee never boring.

Expected price per month: (USD)

450.00

Picture Available?

No

Other comments:

There are a lot of small eateries around the place, which provide cheap & handy takeaway. Anyone without cooking skill will be very happy to live there. Or a fresh food market nearby will provide you cooking material.

Email address:

Jennyding54@hotmail.com

Name of the apartment:

Caoyang Jiun Yu Yuan

Email me at: shapartment@gmail.com

Hi all,

We bought a new apartment in Piyun international district near the Yangpu Bridge. We decorated (or renovated in American terms) in a way for us to live in, but we finally decided to rent it out. Here are some pictures of the room. Don’t be surprised. I just took many pictures of the same room this afternoon and hope it gives you some idea of the room.