How much is an expensive house in Shanghai per square meter?

How much is an expensive house in Shanghai per square meter?

Housing prices in Shanghai are very high, often tens of thousands of square meters. How much is the house in Shanghai?

300,000/flat. The Bund Mansion Du Project is about to launch an expensive apartment with a total price of 230 million in the center of Shanghai. This project named "Lou Wang" is located on the Bund. This apartment penthouse with a price of 230 million yuan is divided into three floors. The production license covers an area of about 690 square meters, and the unit price exceeds 300,000 yuan/square meter.

Supply and demand are the two final factors that form the price. All other factors will affect the price, either supply or demand. The price of real estate is also determined by supply and demand, which is positively related to demand and negatively related to supply. If the supply is fixed and the demand increases, the price will rise; If the demand decreases, the price will fall. If demand is fixed and supply increases, prices will fall; If the supply decreases, the price will go up.

Due to the immovability of real estate and the difficulty of changing the use function, the supply and demand situation of this kind of real estate in this area is the main factor that determines the price level of a real estate. As for the relationship between supply and demand of other types of real estate, whether it affects the price level of the real estate and the degree of influence depends on the infection of these supply and demand conditions.