Eastern Asia: Property Prices Index by City 2024 Mid-Year

Chart: Price to Income Ratio
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Rank
City
Price To Income Ratio
Gross Rental Yield City Centre
Gross Rental Yield Outside of Centre
Price To Rent Ratio City Centre
Price To Rent Ratio Outside Of City Centre
Mortgage As A Percentage Of Income
Affordability Index
Shanghai, China 37.2 1.6 1.5 60.6 67.6 284.6 0.4
Guangzhou, China 30.7 1.2 1.5 86.3 66.4 232.9 0.4
Beijing, China 30.6 1.6 1.7 61.4 60.0 229.2 0.4
Shenzhen, China 30.5 1.5 1.5 68.9 66.4 230.9 0.4
Hong Kong, Hong Kong (China) 30.0 1.9 2.0 53.5 49.8 218.0 0.5
Nanjing, China 27.6 1.5 1.7 65.4 60.3 209.2 0.5
Hangzhou, China 27.6 1.6 1.7 61.8 58.2 204.5 0.5
Seoul, South Korea 25.8 1.2 1.3 80.3 79.2 206.5 0.5
Taipei, Taiwan 24.7 1.3 1.9 76.3 51.8 147.9 0.7
Suzhou, China 22.3 2.0 1.5 49.0 68.3 170.4 0.6
Wuhan, China 19.2 2.1 1.8 48.2 54.3 147.6 0.7
Chengdu, China 17.9 1.7 1.8 57.6 54.7 137.3 0.7
Taichung, Taiwan 16.0 2.0 2.2 50.2 45.5 95.9 1.0
Kaohsiung, Taiwan 15.5 2.2 2.7 45.5 37.5 96.0 1.0
Ulaanbaatar, Mongolia 15.4 7.9 9.0 12.7 11.1 135.4 0.7
Tokyo, Japan 13.8 3.0 2.9 33.0 34.1 82.4 1.2