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Average Home Prices of Major Asian Cities December 12, 2010

Posted by hslu in China, Economics, Global Affair, Shanghai, Taiwan.
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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

Average Home Prices

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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