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Real Estate Average Salaries in China 2021

How much money does a person working in Real Estate make in China?


Average Monthly Salary
33,200 CNY
( 398,000 CNY yearly)

LOW
12,200
CNY
AVERAGE
33,200
CNY
HIGH
56,700
CNY

A person working in Real Estate in China typically earns around 33,200 CNY per month. Salaries range from 12,200 CNY (lowest average) to 56,700 CNY (highest average, actual maximum salary is higher).

This is the average monthly salary including housing, transport, and other benefits. Salaries vary drastically between different Real Estate careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.

Salaries for specific jobs

Job TitleAverage Salary
Acquisition Associate24,400 CNY
Assistant Leasing Manager32,600 CNY
Assistant Property Manager31,300 CNY
Brokerage25,100 CNY
Commercial Leasing Manager49,100 CNY
Commercial Real Estate Manager54,200 CNY
Community Development Manager44,800 CNY
Compliance Specialist24,100 CNY
Development Coordinator22,900 CNY
Lease Administrator31,700 CNY
Leasing Agent25,800 CNY
Leasing Consultant29,800 CNY
Leasing Manager32,600 CNY
Lettings Assistant12,000 CNY
Portfolio Analyst 43,100 CNY
Portfolio Manager55,800 CNY
Property Acquisition Agent20,900 CNY
Property and Claims Specialist29,900 CNY
Property Manager37,800 CNY
Property Operations Manager50,200 CNY
Property Tax Assistant25,500 CNY
Real Estate Administrator28,100 CNY
Real Estate Agent25,400 CNY
Real Estate Analyst31,500 CNY
Real Estate Appraiser27,300 CNY
Real Estate Assistant24,100 CNY
Real Estate Association Manager35,000 CNY
Real Estate Broker25,000 CNY
Real Estate General Manager50,500 CNY
Real Estate Project Manager43,600 CNY
Real Estate Sales Agent25,200 CNY
Real Estate Valuer25,200 CNY
Research Analyst21,900 CNY
Residential Advisor30,700 CNY
Residential Property Manager36,000 CNY
Shopping Center Manager52,700 CNY
Town Planner51,600 CNY

Real Estate Jobs Salary Distribution in China

Median and salary distribution monthly China Real Estate
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The median, the maximum, the minimum, and the range

  • Salary Range

    Real Estate salaries in China range from 12,200 CNY per month (minimum average salary) to 56,700 CNY per month (maximum average salary, actual maximum is higher).

  • Median Salary

    The median salary is 35,200 CNY per month, which means that half (50%) of people working in Real Estate are earning less than 35,200 CNY while the other half are earning more than 35,200 CNY. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.

  • Percentiles

    Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of people working in Real Estate are earning less than 21,300 CNY while 75% of them are earning more than 21,300 CNY. Also from the diagram, 75% of people working in Real Estate are earning less than 48,700 CNY while 25% are earning more than 48,700 CNY.


What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary

Salary Comparison by Years of Experience

How does a person's salary progress over time?

Salary Comparison By Experience Level
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The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher the wage.

Generally speaking, employees having experience from two to five years earn on average 32% more than freshers and juniors across all industries and disciplines.

Professionals with experience of more than five years tend to earn on average 36% more than those with five years or less of work experience.


Change in salary based on experience varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of many different jobs. To view accurate figures, choose a specific job title.

As you hit the ten years mark, the salary increases by 21% and an additional 14% for those who have crossed the 15 years mark.

Those figures are presented as guidelines only. The numbers become more significant if you consider one job title at a time.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Salary Comparison By Education

How does the education level affect your salary?

Salary Comparison By Education
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It is well known that higher education equals a bigger salary, but how much more money can a degree add to your income? We compared the salaries of professionals at the same level but with different college degrees levels across many jobs, below are our findings.


Change in salary based on education varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of multiple jobs. To view accurate figures, choose a specific job title.

Workers with a certificate or diploma earn on average 17% more than their peers who only reached the high school level.

Employees who earned a Bachelor's Degree earn 24% more than those who only managed to attain a cerificate or diploma.

Professionals who attained a Master's Degree are awarded salaries that are 29% more than those with a Bachelor's Degree.

Finally, PhD holders earn 23% more than Master's Degree holders on average while doing the same job.


Is a Master's degree or an MBA worth it? Should you pursue higher education?

A Master's degree program or any post-graduate program in China costs anywhere from 146,000 Yuan Renminbi(s) to 439,000 Yuan Renminbi(s) and lasts approximately two years. That is quite an investment.

You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.

Many people pursue higher education as a tactic to switch into a higher paying job. The numbers seem to support this tactic. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

The decision really depends on your situation and experience among many other factors. Putting all variables aside, if you can afford the costs of higher education then the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.

Real Estate Salary Comparison By Gender

Salary comparison by gender monthly China Real Estate
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male employees in China who work in Real Estate earn 10% more than their female counterparts on average.

Male
34,900 CNY
Female-9%
31,800 CNY
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in China for all Careers

Salary comparison by gender monthly China
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Real Estate Average Annual Salary Increment Percentage in China

How much are annual salary increments in China for Real Estate professionals? How often do employees get salary raises?

Real Estate

Real Estate professionals in China are likely to observe a salary increase of approximately 10% every 14 months. The national average annual increment for all professions combined is 9% granted to employees every 15 months.

Annual Salary Increment Rate China Real Estate
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

China / All Professions

The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely that people get their salaries reviewed exactly on the one year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 ÷ Increase Frequency

The average salary increase in one year (12 months) in China is 7%.

Annual Increment Rate By Industry 2020

Banking
8%
Energy
7%
Information Technology
6%
Healthcare
5%
Travel
4%
Construction
3%
Education
2%

Listed above are the average annual increase rates for each industry in China for the year 2020. Companies within thriving industries tend to provide higher and more frequent raises. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently.


Worldwide Salary Raises: All Countries and All Jobs

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Real Estate Bonus and Incentive Rates in China

How much and how often are bonuses being awarded?Annual Salary Bonus Rate China Real Estate
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Real Estate is considered to be a moderate bonus-based field due to the generally limited involvement in direct revenue generation, with exceptions of course. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.

43% of surveyed staff in Real Estate reported that they haven't received any bonuses or incentives in the previous year while 57% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 2% to 7% of their annual salary.

Received Bonus
57%
No Bonus
43%

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.


What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

Example:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Real Estate Hourly Average Wage in China


190 CNY per hour

The average hourly wage (pay per hour) in China is 190 CNY. This means that the average person in China earns approximately 190 CNY for every worked hour.


Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )

The hourly wage is the salary paid in one worked hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

Real Estate VS Other Jobs

Salary Comparison Between Real Estate and Real Estate monthly China
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The average salary for Real Estate is 13% more than that of All Jobs.

Salary Comparison By City

CityAverage Salary
Beijing38,000 CNY
Changchun31,700 CNY
Changsha30,100 CNY
Chengdu34,700 CNY
Chongqing38,500 CNY
Dalian31,400 CNY
Dongguan29,900 CNY
Foshan29,600 CNY
Fuzhou31,600 CNY
Guangzhou36,700 CNY
Hangzhou36,900 CNY
Harbin35,300 CNY
Jinan36,900 CNY
Kunming29,900 CNY
Nanjing33,200 CNY
Qingdao34,200 CNY
Quanzhou31,100 CNY
Shanghai35,900 CNY
Shantou32,400 CNY
Shenyang34,400 CNY
Shenzhen32,800 CNY
Suzhou32,000 CNY
Tianjin34,800 CNY
Wenzhou32,700 CNY
Wuhan38,000 CNY
Wuxi28,500 CNY
Xi an36,300 CNY
Xiamen30,500 CNY
Zhengzhou29,500 CNY

Salary Comparison By State

StateAverage Salary
Anhui34,300 CNY
Beijing28,300 CNY
Chongqing30,200 CNY
Fujian32,200 CNY
Gansu29,600 CNY
Guangdong36,700 CNY
Guangxi33,500 CNY
Guizhou30,700 CNY
Hainan27,800 CNY
Hebei35,200 CNY
Heilongjiang31,400 CNY
Henan36,300 CNY
Hubei34,400 CNY
Hunan35,100 CNY
Jiangsu35,800 CNY
Jiangxi33,200 CNY
Jilin30,300 CNY
Liaoning33,000 CNY
Nei Monggol29,800 CNY
Ningxia27,800 CNY
Qinghai27,500 CNY
Shaanxi32,100 CNY
Shandong37,000 CNY
Shanghai29,600 CNY
Shanxi31,600 CNY
Sichuan36,500 CNY
Tianjin28,700 CNY
Xinjiang Uygur29,400 CNY
Xizang [Tibet]27,400 CNY
Yunnan34,000 CNY
Zhejiang34,700 CNY

Government vs Private Sector Salary Comparison

Where can you get paid more, working for a private company or for the government? Public sector employees in China earn 6% more than their private sector counterparts on average across all sectors.

Private Sector
28,500 CNY
Public Sector+6%
30,100 CNY
Percentage increase and decrease are relative to the previous value

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