I'm mostly referring to Wuhua, or Kunming Proper. I can't tell you about Chenggong, but the average price in Wuhua in early 2015 was 8000, and now it's 14000.
Here. Use this.
I can only speculate, but think the subway construction might have something to do with it. That's why I bought in the first place. Line 4 and 5 will open next year, so I don't think prices or rent will go lower.
The price of property in Kunming has basically doubled in the last 5 years. The price of rent is definitely on the rise. I have a small 60m^2 two bedroom apartment between the first and second ringroads in a bombed out old building. The average rent for this unit without furnishings is 1500/month.
Yesterday (in Shandong) my office landlord raised my rent by 35%. This is nothing compared to my friend in the same community. Their landlord doubled their rent.
I watched rent double in the South of Lijiang in only 18 months.
In my opinion, in the near future it will be difficult to get a 2 bedroom apartment for under 2000 a month in 3rd tier+ cities (unless it's a really undesirable place). Kunming actually has super low rent for a capital city.
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