Table of Contents
How much does an apartment cost in Shenzhen?
The average rental price for a decent-sized apartment in the Futian District is about RMB 7,500. The rent can be as low as RMB 6,500 and as high as RMB 8,000. These apartments range from 85 to 90 square meters. However, depending on the floor area and the location, some apartments can cost RMB 30,000.
Can foreigners buy property in Shenzhen?
Foreigners are now limited to buying one home for personal use in Shenzhen. “Only 8 percent of property in Shenzhen is bought by non-mainland residents, and around 20 percent of these buyers have two or more houses in the city,” Mr.
Is Shenzhen cheap to live in?
Shenzhen has a slightly higher cost of living than most cities in China but it is cheaper than 67\% of cities in the world.
Can Chinese buy property in China?
A foreigner can only own one property in China, and that property must be residential. There are additional requirements by province and city. For example, in Beijing, you must pay taxes and social security for at least five years before you are permitted to buy a property.
Is it expensive to buy apartment in Shenzhen?
Shenzhen has 5 th Most Expensive Price per Square Meter to Buy Apartment in City Centre in the World (out of 492 cities). See more Price Rankings for Shenzhen The price of Eggs (regular) (12) in the year 2012 in Shenzhen was 16.00¥.
How much does it cost to live in Shenzhen in 2021?
Cost of Living in Shenzhen. Aug 2021. Prices in Shenzhen Family of four estimated monthly costs are 2,448.45$ (15,816.24¥) without rent (using our estimator). A single person estimated monthly costs are 669.81$ (4,326.75¥) without rent.
Where can I find serviced residence properties in Shenzhen?
In China, one such company called MoFang Residence has been building a lot of serviced residence properties with several located all over Shenzhen that provides single housing for short term and long term tenants.
How much does it cost to rent an apartment in China?
For a single studio style apartment in China, the rent can range between 1000 RMB per month to 8000 RMB per month, or between $150 US to $1200 US per month respectively.
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