Shanghai rent,Rent Shanghai apartment--CoreBuilding.com.cn

According to the professional analysis in the real estate market, more and mre migrants are

willing to live in Shanghai for a long time as the city’s economy has been growing rapidly and the

infrastructure and education facilities have been greatly improved in the recent years. Those

people want move out of their rented home and buy properties in Shanghai instead. Another

reason is that in Shanghai rent market, with issuance of the police of 70/90 sqm and,

consequently, with the increased supply of small and medium-sized properties, tenants have

more and more choices. Now there are a large number of small and medium-sized properties

coming to the Shanghai rent market, this situation actually help keep the rental from further

increasing. On the contrary, now the monthly rental on the Shanghai rent market hs been

somewhat decreased. As a local real estate agent says, in the past, the vacancy period of a

property on the Shanghai rent market was about 2-3 month. At present, however, some

properties have been vacant for even half a year. Therefore, the landlord has to lower the rental

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.

shanghai rent