Prices for Apartments Near Popular Schools Rising Fast
Apartments near promising schools have increased their prices recently and much higher than those apartments located near regular schools. Statistics have shown that the average price for an apartment near promising schools was around 12,000 yuan per square meter.
The average prices for these apartments in 2008 was around just 6,500 yuan per square meter, but have been slowly increasing due to some parents rushing to purchase apartments found near the schools. Prices of pre-owned apartments found near schools are also increasing their prices faster than other pre-owned apartments.
There are 100 provincial and city level primary and junior public schools found across the city. From these 100 schools, 29 public primary schools and 28 public junior schools are said to have high reputations. The most popular are the Shenzhen Experimental School, Shenzhen Foreign Languages School, Shenzhen Senior High School, Shenzhen Middle School, Yuanling Primary School and Shenzhen Primary School.
The city education department said that most of the schools are within the 11 residential areas in the city that are popular places to live in.