Real Estate in China

"If you are looking for a place to live in China, there are several options available to you. You can look online and search through various real estate websites that list rentals and properties. You can also contact a real estate agency, which often knows of listings that are not advertised online. Additionally, you can visit local newspapers and magazines in China to search for listings. Finally, you can contact friends or family who may have information about available houses, apartments, or other rental properties," said one expat in China.

"I came here to move in with my BF and he's been living here for few years already," remarked one member in Beijing.

"Expat homes and apartments in China are typically spacious, comfortable and modern. They generally have high ceilings, wooden floors, and plenty of natural light, providing a warm and inviting atmosphere. Many expats choose to live in gated communities, which offer more security, amenities, and recreational options. In the larger cities, such as Beijing, Shanghai and Guangzhou, apartments often have nicely appointed, modern kitchens and bathrooms, as well as other amenities such as swimming pools and gyms. Expats looking for a more traditional experience may opt for traditional hutong-style apartments, which have been popular for centuries," said one expat in China.

"I live on the 23rd floor of what is known as a fully-serviced apt building. Fully serviced means that they provide housekeeping six days a week. My apt is a modest sized three bedroom/2 bath place.No dishwasher or garbage disposal but does have access to western TV programming which is banned to the Chinese locals. It is centrally located so I can walk to many places I want to go to or easily flag down one of the little red suicide taxis that play road chicken games all over town. Like most Chinese made buildings, this place while only five years old is already showing signs of falling apart," remarked one member in Tianjin.

"The cost of housing in China varies widely depending on the city or region, however the average cost globally is generally considered to be moderately priced. Generally, the cost of renting an apartment or house in China is relatively low and prices are continuing to increase due to the influx of people and businesses moving to cities," remarked one foreigner who made the move to China.

"I've lived in Shenzhen for 8 years, and as with any city, location determines cost. Anyway close to the metro, in a modern residential complex, with good facilities will usually average out at about 120RMB per month per sq metre. So a good 75-90 sqm 2-3 BR apartment will set you back between 8-11k a month for an average apartment. Budget another 400-700 per month for management fees, power, water, and gas. Another 150 for Internet. Budget for up front costs of 2 months rent in advance, and 50% of a months rental for agency fee, if using an agent. Obviously, sharing with another expat will halve everything, so a good option to consider. Another option is to look at renting a spare room in an apartment that expats currently rent. You can often get these for 2-3k a month, including all utilities and wifi," explained one person living in China.

"Lower - average cost of local housing for locals is around U$150, for expat housing is around U$3,000 to U$50,000 a month," said one expat in Beijing.

"Buying a home in China is a major decision and investment and should be carefully considered. Buying a home in China can be a great long-term option and cost saving if you plan to stay in the area for several years, as mortgage rates and property appreciation both tend to be attractive investments. On the other hand, renting in China may be a better option if you plan on staying in the area for the short-term, as it can provide greater flexibility and may cost less in the short-term. Ultimately, it is up to you to weigh the benefits and drawbacks of both buying and renting a home in China and then decide which option is best for your individual situation," remarked one member in China.

"It is important to understand the local property market and do extensive research before making any decisions about purchasing property in China. It is advisable to assess the location and desirability of the property, as well as its physical condition and any specific costs associated with its ownership. It is also important to understand the local laws and regulations governing the purchase and ownership of property. It is also recommended to get a qualified lawyer or legal consultant to ensure full understanding of the legal matters related to the purchase of property. Finally, it is important to ensure that any sale or purchase agreement fully protects your rights as a buyer, and understand any tax implications associated with the purchase," wrote one expat who made the move to China.

"Foreigners are generally not allowed to own property in China. However, there are certain exceptions. For example, foreign investors may be able to purchase property in certain areas designated for foreign investment. Additionally, foreign nationals who have obtained permanent residence in China may be able to purchase property in certain areas. In all cases, the foreign individual must obtain the necessary permits and approvals from the local government before purchasing property," explained one foreigner living in China.

"In rental properties in China, tenants can typically expect appliances such as a stove, refrigerator, and water heater to be included. In some cases, the rental property may also come with a washing machine and air conditioning unit. In addition, many rental properties offer access to communal on-site amenities such as a swimming pool, fitness center, and shared garden space," said one expat in China.

"Expats in China typically search for homes by using online real estate websites, such as Beike, SouFun, and Anjuke, which offer listings of properties for rent or sale. Additionally, expats can use social media platforms, such as WeChat, to connect with real estate agents and brokers who can help them find suitable homes. Expats can also search for homes by attending open houses and visiting real estate agencies in person," explained one person living in China.