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What long-term rental apartments are there in Shanghai?

Shanghai is a famous first-tier city in China and an international metropolis. In recent years, with the continuous improvement of urbanization level in China, more and more young people come to Shanghai to pursue their dreams. The continuous influx of population has given birth to the rapid development of the housing rental market. Nowadays, long-term rental apartments have become a hot rental product and are loved by young tenants.

"Long-term rental apartment", also known as "white-collar apartment" and "single shared apartment", is a new industry in the third-tier real estate market in recent years. It rents out the owner's house, carries out renovation, and rents it to white-collar workers around the house in the form of a single room. Now the concept of "long-term rental apartment" has been gradually accepted by everyone. In the traditional leasing market, the leasing time of tenants is generally one year.

In the past two years, long-term rental apartments have developed rapidly, and many large real estate enterprises regard long-term rental apartments as transformation projects. With the arrival of the new stock era, the support of national policies and the huge market potential, long-term rental apartments have become the sought-after objects. At present, there are four main types of long-term rental apartment participants in the market: developers, hotels, intermediaries and internet startups. Now the long-term rental apartments in China are in the primary stage, and all enterprises are eager to go all out to form a scale and strive to lead.

According to the survey data, more than 70% of the rental income in major cities in China is relatively high, and the rental income ratio in Shanghai exceeds 45%, which means that nearly 50% of the people's income in Shanghai is generally used to pay rent. Compared with the rents in some international cities, the rent-to-income ratio in Shanghai is relatively high. But the rent of long-term rental apartments will be higher than that of traditional rental houses.

At present, the well-known brands in Shanghai long-term rental apartment market are Vanke Apollo, Chain Home Freedom, Rubik's Cube, YOU+ and so on. Take Vanke Apollo Hongqiao South Garden Store near Hongqiao Airport as an example. Our main room type 12~3 1 m2, with a low rent of 2680 yuan/month. Its periphery is close to the subway station, and the rent for a three-bedroom apartment with an area of about 90 square meters is 5600~7500 yuan/month; Chain Home freely rented a 60-square-meter apartment in Yangxing Plate, Baoshan District, with a rent of 3,860 yuan/month and a rent of 2,800 ~ 3,700 yuan/month for a two-bedroom apartment with similar surrounding area; The rent of Rubik's Cube's one-bedroom apartment in Tangqiao, Pudong New Area is 4270 yuan/month, and the rent of a similar one-bedroom apartment around it is 3500~3800 yuan/month.

China vigorously promotes the housing system of simultaneous lease, aiming at restoring the residential function of houses. As an important part of the long-term mechanism of real estate regulation and control in China, long-term rental apartments continue to play their due role.