Average Home Prices of Major Asian Cities December 12, 2010
Posted by hslu in China, Economics, Global Affair, Shanghai, Taiwan.Tags: Average Home Prices, Beijing, hong kong, Seoul, Shanghai, Shenzhen, Singapore, Taipei, Tokyo
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When you talk to people about Shanghai’s real estate market, nine out of ten times, the immediate response was: “The home price is too high.” However, based on recent data collected from major Asian cities, the average home prices of these cities may surprise you. Here are the average Home Prices of Major Asian Cities as of November 11, 2010 |
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Average Home Prices |
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City |
(TWD/坪) | (US $/坪) | (US $/sq ft) | (US $/sq meter) | (RMB/sq meter) |
| Hong Kong | 2,020,000 | $ 67,043 | $ 1,885 | $ 20,280 | ¥134,256 |
| Tokyo | 1,720,000 | $ 57,086 | $ 1,605 | $ 17,268 | ¥114,317 |
| Singapore | 1,129,000 | $ 37,471 | $ 1,054 | $ 11,335 | ¥75,037 |
| Seoul | 860,000 | $ 28,543 | $ 803 | $ 8,634 | ¥57,159 |
| Taipei | 469,000 | $ 15,566 | $ 438 | $ 4,709 | ¥31,171 |
| Shenzhen | 366,200 | $ 12,154 | $ 342 | $ 3,677 | ¥24,339 |
| Shanghai | 337,600 | $ 11,205 | $ 315 | $ 3,389 | ¥22,438 |
| Beijing | 285,800 | $ 9,486 | $ 267 | $ 2,869 | ¥18,995 |
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