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Chinanews, Beijing, June 2 – A man sighed helplessly in front of an apartment building that cost 10 thousand yuan per sqm. At the same time, an apartment saleswoman nearby was recommending an apartment building near a coastal1 area in Hebei Province, which would only cost him 2,000 yuan per sqm.
The 25th Beijing Real Estate Fair opened on Thursday with the participation2 of many non-Beijing real estate companies. According to the fair organizers, there are less than half of real estate selling projects focusing in the apartment building in the city. Meanwhile, the price of these buildings outside the Beijing city ranges from 1,828 yuan to 3,660 yuan per sqm. An apartment salesman from the coastal city of Weihai, Shandong Province said that many Beijing citizens choose to buy apartments in Weihai and other cities outside Beijing.
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