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Xiamen's house market value ranks 4th among Chinese cities

( whatsonxiamen )

Updated: 2014-12-29

According to the “Ranking of For-sale House Market Value in China’s Cities (September-November, 2014)” published by the National Real Estate Market Statistics Center, Xiamen’s house market value reached RMB 360.1 billion, ranking 4th among 100 cities in China.

Xiamen's house market value ranks 4th among Chinese cities
Xiamen’s house market value reached RMB 360.1 billion in September-November 2014, ranking 4th among 100 cities in China

According to the ranking, all of Fujian’s cities made the list expect for Sanming and Nanping. Besides, 3 cities from Fujian ranked in the top 50 on the list, including Xiamen at 4th on the list with a house market value of RMB 360.1 million, Fuzhou at 14th on the list with a house market value of RMB 133.1 billion, and Quanzhou at 49th on the list with a house market value of RMB 30 billion.

It is notable that the total house market value of the rest of the 8 major cities in Fujian combined was only RMB 235.5 billion, much less than Xiamen.

Besides, the average house price in Siming District, Huli District, Haicang District, and Jimei District was RMB 28,326/m3, RMB 23,155/m3, RMB 16,214/m3, and RMB 14,356/m3, ranking 22nd, 32nd, 65th, and 80th among China’s 100 districts, respectively.

The top 3 cities with the most house market value on the list were: Beijing, Shanghai, and Shenzhen.

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