Shanghai, China
Average price per square meter: $9,185
Shanghai, a vibrant metropolis nestled in China, boasts a skyline dominated by majestic skyscrapers, pulsating with life day and night, and adorned with a tapestry of cultural richness. However, this bustling hub of activity comes at a price, quite literally. Renowned for its opulent lifestyle, Shanghai ranks among the globe’s priciest urban centers to call home, primarily due to its exorbitant real estate costs. The average price per square meter of property in this dynamic city stands at a staggering $9,185, securing its position as the tenth most expensive locale worldwide concerning real estate.
The allure of Shanghai is undeniable, drawing in individuals from far and wide with its promise of excitement and opportunity. Yet, amidst the glitz and glamour, the steep cost of living serves as a stark reminder of the city’s exclusive status, shaping its identity as a realm of luxury and prestige.