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Thread: Cost of properties in Guangzhou
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[quote=TOMSPENCER,271967]It can be difficult to define the size of a 'family-sized' property. I had a Japanese client who had a very sizeable budget but who was interested only properties up to 200 sq m (c. 2,150 sq ft). Conversely I've had American families come through who wouldn't consider anything under 400 sq m (c. 4,305 sq ft) to be 'family-sized'. You'll be hard pushed to find even second hand properties in the down town area for under RMB 1,000,000, and if you're looking for something fairly roomy, then your budget should be in the 4 to 8 million yuan range. Much better prices are available in the southern suburbs of Panyu, and in some areas of Baiyun (the northern district of the city).[/quote]
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