What is the residential housing market like in China and Japan? -

I am just interested to know some facts with the current residential housing market in Asian countries like China and Japan. How much is an average home worth there? What would be an average home? What sort of interest rate do they have on their loans? So, is it easy to enter the housing market? Cheers, Callum.

Housing market is good in China, but you don t own the land, it is on lease from the government for 70 years. Plus the policies are always changing. Not sure about Japan.

I tell you the information in Guangzhou China. In central place cities, the Price is 8000RMB-20000RMB per square meters. The average price is 10000RMB PSM. The area of each housing is normally 90-140 Square meters. The interest rate is from 4.5%-6.3%. According to the rules now, any foreigner who will be stay in china for over one year, such as doing business or job or studying in China，he can buy housing. For more details, you can contact with me : mar06.assistant@yahoo.com.cn