China's 20 Most Expensive Housing Markets

Jan 31, 2012 By eChinacities.com

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The authorities released the "Chinese Real Estate Index System's 100 City Price Index - Dec. 2011" on January 4th. Shenzhen, Shanghai and Beijing claimed the top three spots. See a listing of the top 20 most expensive housing markets below, based on average pricing:

1) Shenzhen:     25,499 RMB per sq. m
2) Shanghai:      23,456 RMB per sq. m
3) Beijing:           22,946 RMB per sq. m
4) Hangzhou:     20,544 RMB per sq. m
5) Sanya:            19,123 RMB per sq. m
6) Wenzhou:      16,144 RMB per sq. m
7) Guangzhou: 15,330 RMB per sq. m
8) Ningbo:          13,600 RMB per sq. m
9) Fuzhou:          12,656 RMB per sq. m
10) Nanjing:       12,171 RMB per sq. m
11) Tianjin:        11,879 RMB per sq. m
12) Xiamen:       11,621 RMB per sq. m
13) Dalian:         11,495 RMB per sq. m
14) Suzhou:       11,355 RMB per sq. m
15) Shaoxing:    11,257 RMB per sq. m
16) Zhuhai:         10,508 RMB per sq. m
17) Zhangjiagang: 9,834 RMB per sq. m
18) Taizhou:         9,772 RMB per sq. m
19) Kunshan:      9,695 RMB per sq. m
20) Qingdao:        9,669 RMB per sq. m

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1dan:

This listing is deceptive, in as much as some cities have much older housing stock on the market.
If you were to price 'like-for-like' properties, the ranking and figures quoted would paint a very different picture.

ReplyJan 31, 2012 19:35

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