Gains on cards for high-end property sector in Shanghai
Updated: 2015-02-11 08:22
By Wu Yiyao(China Daily)
|
|||||||||
"I think the most important factor for me when deciding where to buy a spacious apartment was whether the district had a nice school that my daughter would love to attend, as well as a park or a lake that helps improve the air quality," said Sun Jingbo, a 42-year-old home buyer.
Analysts said that apartments and villas with relatively small floor areas may perform better for investors.
According to Dooioo Property, a Shanghai-based property service firm, rental yields for high-end units of less than 200 sq m may be double those with areas of more than 500 sq m.
High-end properties in first-tier cities-Beijing, Shanghai, Guangzhou and Shenzhen-are still among the "best choices" for investors, said experts.
The highest average price of a residential project in Shanghai is about 173,000 yuan per sq m, while the figure is 113,000 yuan in Beijing and 98,000 yuan in Guangzhou.
In Chengdu, one of the largest second-tier cities, the figure is about 30,000 yuan.
- Farmer builds sports car out of wood
- Bleak outlook for art students six months after graduation
- US launches drive to save monarch butterfly
- Police hone skills before heading for mission
- Listen to your heartbeat at Times Square
- Sam Smith triumphs with four Grammy wins
- Top 10 ways to spend your year-end bonuses
- Paintings by DPRK's Mansudae Art Studio debut in Shenyang
Most Viewed
Editor's Picks
Alibaba places China smartphone business bet with $590m Meizu deal |
China, US vow to deepen military relations |
Premier Li attends Davos Forum |
Li Na expecting first baby |
Star's marriage is 'bittersweet' news for fans |
Chinese IPOs in the US in 2014 |
Today's Top News
High royalties key reason behind Qualcomm fine: NDRC
Net regulator to meet US ambassador on WeChat
The peeping eyes of the United States
January inflation cools to 0.8%
Qualcomm to pay $975m fine for antitrust violation
Dalai Lama meeting 'unnecessary provocation'
Chinese Navy officers end US tour
Times Square: a Lunar hotspot?
US Weekly
Geared to go |
The place to be |