Shanghai rental,Shanghai rental apartment--CoreBuilding.com.Cn

According to the statistics by a local real estate agency, 2-bedroom type properties recently

approximately 45% of the total lease market, in some areas they makes more 50%. In average,

3 out of 4 prospective tenants look for 2-bedroom type. Therefore it is easiest to lease out this

type of properties and hence the shortage of supply. In the opnion of a local real estate agent,

there are multiple reasons for such phenomenon. First , 2-bedroom type properties are not too

small, not too big for school graduates, white collar workers and a small family of three

members. The second reason is that Shanghai rental of this type of property is reasonable,

cheaper than 3-bedroom types, which make them more affordable to ordinary people. And if

two or more tenants rent a property together, they can share the rental. The general Shanghai

rental on the current market is as follows, for 2-bedroom month, the rental varies between

RMB2,500 to RMB2,800. For 1-bedroom types, the rental is between RMB1800 and RMB

2,100. For 3-bedrooms, the rental is between RMB3,200 to RMB3,600. This is a general

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 rental