Guangzhou, China
Property prices · 2024 · Asia
Property price trend in Guangzhou (2024–2026)
Property comparison — cities in China (2024)
| City | Centre /sqm | Outside /sqm | 1-Bed Rent | vs Guangzhou |
|---|---|---|---|---|
| Guangzhou | CNY 65,000 | CNY 45,000 | CNY 6,800 | — |
| Shenzhen | CNY 95,000 | CNY 65,000 | CNY 8,500 | +46.2% |
| Beijing | CNY 92,000 | CNY 55,000 | CNY 9,200 | +41.5% |
| Shanghai | CNY 85,000 | CNY 48,000 | CNY 8,500 | +30.8% |
| Hangzhou | CNY 52,000 | CNY 36,000 | CNY 5,800 | -20% |
| Chengdu | CNY 38,000 | CNY 26,000 | CNY 4,200 | -41.5% |
| Chongqing | CNY 25,000 | CNY 17,000 | CNY 3,200 | -61.5% |
| Wuhan | CNY 22,000 | CNY 15,000 | CNY 3,000 | -66.2% |
Other Asia cities (2024)
Frequently asked questions
How much does property cost in Guangzhou in 2024?
In Guangzhou, the average price per sqm in the city centre is CNY 65,000, and CNY 45,000 outside the centre (2024 data). Prices have risen 8.2% since 2024.
How much is rent in Guangzhou in 2024?
A 1-bedroom apartment in Guangzhou rents for approximately CNY 6,800 per month in 2024. A 3-bedroom apartment costs around CNY 11,000/month.
Is it better to buy or rent in Guangzhou?
Renting is generally more cost-effective in Guangzhou. The price-to-rent ratio is 39.0x — it would take approximately 39.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 4.60%.
What are mortgage rates in China in 2024?
The average mortgage rate in China is approximately 4.60% as of 2024. With a price-to-rent ratio of 39.0x, buyers should carefully weigh mortgage costs against rental savings.
What is the price per sqm in Guangzhou?
The average property price per square metre in Guangzhou city centre is CNY 65,000 in 2024. Outside the centre, expect to pay around CNY 45,000/sqm.