Suburban housing in Shanghai’s Pudong area. About 20,000 lived-in homes changed hands in Shanghai last month, 27 per cent higher than a month earlier. Photo: Shutterstock Images
Suburban housing in Shanghai’s Pudong area. About 20,000 lived-in homes changed hands in Shanghai last month, 27 per cent higher than a month earlier. Photo: Shutterstock Images

Shanghai luxury homes as much as 1 million yuan more expensive, as sellers capitalise on upgrade demand following two-month Covid-19 lockdown

  • In some cases, owners have raised prices by 1 million yuan overnight
  • Shanghai still China’s best city to live in, says business owner looking for a bigger home

Suburban housing in Shanghai’s Pudong area. About 20,000 lived-in homes changed hands in Shanghai last month, 27 per cent higher than a month earlier. Photo: Shutterstock Images
Suburban housing in Shanghai’s Pudong area. About 20,000 lived-in homes changed hands in Shanghai last month, 27 per cent higher than a month earlier. Photo: Shutterstock Images
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