Hangzhou, China
Property prices · 2025 · Asia · Price +4.5% vs 2024
Property price trend in Hangzhou (2024–2026)
Property comparison — cities in China (2025)
| City | Centre /sqm | Outside /sqm | 1-Bed Rent | vs Hangzhou |
|---|---|---|---|---|
| Hangzhou | CNY 54,340 | CNY 37,620 | CNY 6,061 | — |
| Shenzhen | CNY 99,275 | CNY 67,925 | CNY 8,882 | +82.7% |
| Beijing | CNY 95,680 | CNY 57,200 | CNY 9,568 | +76.1% |
| Shanghai | CNY 88,400 | CNY 49,920 | CNY 8,840 | +62.7% |
| Guangzhou | CNY 67,925 | CNY 47,025 | CNY 7,106 | +25% |
| Chengdu | CNY 39,710 | CNY 27,170 | CNY 4,389 | -26.9% |
| Chongqing | CNY 26,125 | CNY 17,765 | CNY 3,344 | -51.9% |
| Wuhan | CNY 22,990 | CNY 15,675 | CNY 3,135 | -57.7% |
Other Asia cities (2025)
Frequently asked questions
How much does property cost in Hangzhou in 2025?
In Hangzhou, the average price per sqm in the city centre is CNY 54,340, and CNY 37,620 outside the centre (2025 data). Prices have risen 8.2% since 2024.
How much is rent in Hangzhou in 2025?
A 1-bedroom apartment in Hangzhou rents for approximately CNY 6,061 per month in 2025. A 3-bedroom apartment costs around CNY 9,928/month.
Is it better to buy or rent in Hangzhou?
Renting is generally more cost-effective in Hangzhou. The price-to-rent ratio is 37.0x — it would take approximately 37.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 4.60%.
What are mortgage rates in China in 2025?
The average mortgage rate in China is approximately 4.60% as of 2025. With a price-to-rent ratio of 37.0x, buyers should carefully weigh mortgage costs against rental savings.
How have property prices in Hangzhou changed?
Property prices in Hangzhou have changed +4.5% vs 2024. Since 2024, prices have increased by 8.2%. Use the year tabs above to compare prices across years.
What is the price per sqm in Hangzhou?
The average property price per square metre in Hangzhou city centre is CNY 54,340 in 2025. Outside the centre, expect to pay around CNY 37,620/sqm.