Property Prices in Chengdu, China

Index Info
Price to Income Ratio: 16.66
Mortgage as Percentage of Income: 126.44%
Loan Affordability Index: 0.79
Price to Rent Ratio - City Centre: 53.41
Price to Rent Ratio - Outside of Centre: 54.50
Gross Rental Yield (City Centre): 1.87%
Gross Rental Yield (Outside of Centre): 1.83%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,272.73 ¥ 1,300.00-3,000.00
Apartment (1 bedroom) Outside of Centre 1,260.00 ¥ 800.00-1,600.00
Apartment (3 bedrooms) in City Centre 4,346.15 ¥ 3,500.00-8,000.00
Apartment (3 bedrooms) Outside of Centre 2,258.33 ¥ 1,800.00-3,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 2,529.65 ¥ 1,858.05-3,344.48
Price per Square Feet to Buy Apartment Outside of Centre 1,389.16 ¥ 1,068.38-1,858.05
Salaries And Financing
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Average Monthly Net Salary (After Tax) 6,329.64 ¥
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.50 3.85-5.50

These data are based on 140 entries in the past 18 months from 21 different contributors.
Last update: November 2024

Sources and References
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1 Comments so far
Tsaoyang on Aug 25, 2024:
According to the "2022 Yearbook of Chengdu" published by Chengdu govt in Dec.2023, the Average Net Salary of urban residents is 54897 ¥/year, amounting to 4574.75 ¥/month, ¥6252.71 is too high.