Floor area of residential buildings in Shanghai 2021, by district
As of 2021, among the 728.64 million square meters of residential housing floor area, 23.5 percent were located in the Pudong New Area on the eastern side of the Huangpu river. The central districts of Huangpu, Xuhui, Jing'an, and Changning generally had fewer housing stocks than the suburban areas. The inner city of Shanghai has one of the most competitive housing markets in the world, with the average prices for newly built homes within the city's inner ring road exceeding 120,000 yuan per square meter in 2021.
