Rental Housing Shanghai

The rental rate for expatriate housing properties varies significantly based on location, quality, property management, and incorporated facilities/ amenities of the housing proper-ties. We have included a compa-rison table for different types of expatriate housing properties at major expatriate housing areas (see below).
The current average rental rates for all expatriate residential is estimated to be US$20 per square metre per month on gross floor area, featuring a growth of approximately 6% over the year 2000. This is mainly due to the rental increase, particularly in the high-end or mid-to-high end of the market, as a result of strong demand, and also the fact rents for low-end market are almost hitting the market bottom.
The merge will offer a full scope of options to all expatriates who may be leasing cheaper units at local housing premises and also put an overall impact on the rental level to some extent.
Furthermore, the cash policy for housing allowance, aimed to cut overall operation cost as a result of the economy slow-down, willalso make quite a few expatriates lease cheaper accommodations for cash-saving purposes. The developer at mid or mid-to-low end of the market may be forced to reduce rental rates to retain occupancies.