How Chinese cities are transforming rental housing segment


Medical staff carry out checks on patients at a makeshift hospital treating Covid-19 patients in Wuhan in February. Photo: EPA-EFE

SHANGHAI: In late January, China’s social media platforms were abuzz with talk of the transformation of a makeshift hospital into apartments for talented professionals in Shandong province’s capital Jinan.

The development focused the real estate industry’s attention on the outlook for long-term rental apartments.

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Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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