from one of my old friends (classmate, Shanghai haigui) who is hunting for a condo in the central locations. He is also interested in the one he is renting now, 240 sq. mt., well decorated with furniture. The owner is asking for 30,000 rmb per sq. mt. and it is non-negotiable. My friend is seriously thinking to buy it because he just loves the apt. and location. He is giving up Bay area for Shanghai for good!!