Aslearnedfromwww.shgjj.com, the website of ShanghaiHousingProvidentFundManage⁃mentCenter,thetwopublicrentalhousing(PRH)projects,includingShangjingyuaninNewJiangwanand Shanghai JingchengJinghua⁃fang,willslightlyadjusttherentalsfromnextmonth.Therentaldetailsfor2015foreachtenanthavebeenannounced.
According to the“RentalManagementMethodsforPublicRentalHousingofShanghaiHous⁃ingProvidentFundManagementCenter(Trial)”,ShanghaiHousingProvidentFundManagementCen⁃terhasadjustedtherentalsforthetwoPRHprojectsinaccordancewiththeevaluationresultonmar⁃ketrentallevelbyqualifiedpro⁃fessionalevaluationagencieswhilestickingtotheprincipalthattherentalshallbelowerthanthemar⁃ket level. The average monthlyrentalforShangjingyuanhasbeenadjusted from RMB41.45 toRMB42.5persquaremeteroftheconstructionarea,whichmeansanincreaseaboutRMB50everymonthforatenant of one-bedroomapartmenthere.
TherentaladjustmentwillbeeffectivefromApril12015toMarch312016.Forleasingcontractssignedduringtheabove-mentionedperiod,theadjustedrentalanddepositwillbeapplied.ForleasingcontractsthatbecomeeffectivebeforeApril12015,therentalwillnotbeadjusted.