The flourishing economy has led to the growth of many business houses and the establishment of new foreign based organizations in mainland China. This has naturally pushed up the demand for residential property by both national and expatriate population. Beijing is the national capital but Shanghai is also the well developed global city that exerts a lot of influence over commerce, finance, culture, fashion,research and entertainment. The requirement for Shanghai Housing has been increasing over the years as more and more people are looking for quality apartments and villas in popular areas of Shanghai.
There is a lot of variation in prices for residential houses , when it comes to the real estate market in Shanghai. The good news is that it caters to all income groups. If you prefer staying in spacious villas with a garden or backyard, the areas of Jing'an Temple area, Former French Concession area and Xintiandi are good options. You can find a perfect old Shanghai house with well adorned fireplaces, chimneys in good working condition, beautifully crafted furniture, adorable light fixtures and big window frames. New Shanghai property exists in PuDong, Zhudi Town area, Green City Area and Zhingjiang High-tech Park area. The self serviced apartments cater well to those who have to stay on a short term basis in Shanghai but need a well furnished apartment near the Shanghai Airport or their own offices.
Choosing the right real estate agents is very crucial to get the right place for Shanghai Housing. The market is very volatile and the rents of residential properties vary a lot as per number of rooms, house location, level of furnishing and proximity to important offices and popular markets.