Shanghai property,Shanghai real estate property agency--CoreBuilding.com.cn

After the World Expo, The real estate industry will develop faster. According to the provisions of the international exhibitions Bureau and the practice of the past EXPOs, all the foreign national pavilions are temporary buildings and most of them will be demolished after the event. In the place, there will be millions of square metres of new constructions. It will be a great business opportunities for the Shanghai property developers. In fact, the development in the post-Expo period has been already under planning. According to the “ Pudong New Area Strategic Plan for the Post-Expo Development of Expo region (in the period 2010-2020) ”, an Expo New Town will be built in Expo region, aiming to become the fifth Shanghai sub-central-district. Shanghai property developers will be fighting to acquire the land in the Expo region. And the price of the land will also increase.　

A Shanghai property consulting company has published a Sanghai real estate market investment analysis and forecast for the period of 2009-2012. .It describes the types of Shanghais property, the definitions, characteristics and factors affecting the value, and so on. It also analyses the development of China's real estate industry, the environment for the development of real estate industry in Shanghai, as well as operation of the Shanghai property market. It particularly describes Shanghai land market, the residential market, apartment market, villas market, commercial real estate market, office markets, shops and second-hand property market. A report included on the local real estate market analyzes the operation of the key real estate enterprises, their marketing and financing. It also forecast the trend of the market and is a great help to those who want to understand the Shanghai property market.

My budget is 1700 USD per month (currently about 12000 RMB). Do I have to pay in RMB?

Most landlords only accept RMB while those of serviced apartments accept both USD and RMB.

I need internet connection in my room. Is it already available in the apartment for rent or do I have to organize it myself?

Normally, the landlord will have it available for you. But you will have to pay the monthly bill for using it, which is about the equivalent of USD 15 per month.

What are the differences between an apartment & a serviced partment? Do apartments come completely supplied with kitchen utensils, bed linen, pillows, appliances, etc?

	Serviced Apartment	Apartment
Rental	40% - 60% Higher	40% - 60% Lower
Bedding	Yes	No
Kitchenware	Yes	No
House Keeping	Yes	No

I need parking space. Is parking available free for every tenant?

No, normally parking is not included in the rental. Parking may cost another RMB 500 – 1200 per month.

How can I make the apartment warm in the winter?

In Shanghai, 95 % apartments are equipped with regular or central air conditioners. The other 5 % are equipped with floor heating or central heating system.

Do rented apartments or houses usually come with complete home appliances?

Yes, normally the landlord will provide you with TV set, refrigerator, washing machine, microwave oven, oven, an air-conditioner and etc. I must remind you that, for washing machines, hot water is not usually supplied. You should ask for it.

What else do I have to pay besides rental?

Normally, the rental should be inclusive of the Property Management Fee and the Tax. But you will have to pay bills for water, gas, electricity, telephone and broad band connection. It will cost you USD 15 per month to have a high-speed broad band connection for unlimited time of use in your room. While water and gas are cheap, electricity is relatively expensive. If you have the air-conditioners on around the clock in a very hot Summer or a very cold Winter, it will cost you about USD 100 – 500 per month for rooms from 100 to 400 sqm. In Spring and Autumn, the cost will be around USD 50 – 200 per month for rooms from 100 to 400 sqm.

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