China's most expensive close - to - school homes

Beijing: A widening gap between close-to-school and regular homes

There is a price gap of as much as 10,000 yuan ($1,600) per square meter between homes close to schools and others in less-educationally advantageous locations. One 37-sq-m, one-bedroom apartment carried a price tag of 3.5 million yuan, or 94,600 yuan per sq m, and if tax and commission are included, the total cost per sq m was 98,600 yuan, the Beijing Youth Daily reported on May 24.