Average Real Estate Project Manager Salary in China for 2024

In this article, we will look at the average Real Estate Project Manager salary for 2024 in China and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Chinese yuan. To keep things simple, we are using the CNY currency code instead of the currency symbol ¥.

How Much Does a Real Estate Project Manager Make in China?

A Real Estate Project Manager working in China will typically earn around 524,400 CNY per year, and this can range from the lowest average salary of about 275,500 CNY to the highest average salary of 794,900 CNY.

Average Annual Salary
524,400 CNY
Average Monthly Salary
43,700 CNY

Lowest Annual Salary
275,500 CNY
Lowest Monthly Salary
22,958 CNY

Highest Annual Salary
794,900 CNY
Highest Monthly Salary
66,241 CNY

These are average salaries for a Real Estate Project Manager in China and include benefits such as housing and transport. It's also possible for a Real Estate Project Manager to earn more or less than the average salaries shown above.

Real Estate Project Manager salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Real Estate Project Manager Salaries in China

So we've looked at the average salaries a Real Estate Project Manager will earn in China. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Real Estate Project Manager can earn between 275,500 CNY and 794,900 CNY on average in China. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Real Estate Project Manager in China is 492,400 CNY. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 492,400 CNY, and 50% of the population earn more than 492,400 CNY.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Real Estate Project Manager salary in China, 25% of the population are earning less than 344,600 CNY while 75% of the population earn more than 344,600 CNY.

75% of the population earn less than 605,700 CNY, and 25% of the population earn more than 605,700 CNY.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Real Estate Project Manager Salary by Experience Level in China

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average real estate project manager salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Real Estate Project Manager in China that has less than two years of experience can expect to earn somewhere in the region of 317,700 CNY.
  • 2 - 5 Years Experience. With two to five years of experience the average Real Estate Project Manager salary would increase to 390,000 CNY.
  • 5 - 10 Years Experience. From five to ten years of experience as a Real Estate Project Manager, the average salary would be 553,400 CNY.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 646,600 CNY.
  • 15 - 20 Years Experience. A Real Estate Project Manager with 15 to 20 years of experience can earn an average of 714,600 CNY.
  • 20+ Years Experience. For a Real Estate Project Manager with more than 20 years, the expected average salary increases to 752,600 CNY.

Average Salary by Experience Chart

0-2 Years
317,700 CNY
2-5 Years +23%
390,000 CNY
5-10 Years +42%
553,400 CNY
10-15 Years +17%
646,600 CNY
15-20 Years +10%
714,600 CNY
20+ Years +6%
752,600 CNY

Real Estate Project Manager Salary by Education Level in China

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Real Estate Project Manager in China based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. A Real Estate Project Manager in China with a high school education can earn an average salary of 385,300 CNY.

  • Certificate or Diploma. A Real Estate Project Manager in China with a certificate or diploma education can earn an average salary of 436,200 CNY.

  • Bachelor's Degree. A Real Estate Project Manager in China with a bachelor's degree education can earn an average salary of 571,300 CNY.

  • Master's Degree. A Real Estate Project Manager in China with a master's degree education can earn an average salary of 752,600 CNY.

Average Salary by Education Chart

High School
385,300 CNY
Certificate or Diploma +13%
436,200 CNY
Bachelor's Degree +31%
571,300 CNY
Master's Degree +32%
752,600 CNY

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in China is around 146,000 to 439,000 CNY and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Real Estate Project Manager Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In China, a male real estate project manager will earn an average of 544,800 CNY, while a female real estate project manager will earn around 493,000 CNY.

This means that a male real estate project manager earns approximately 11% more than a female real estate project manager for performing the same job.

Average Salary by Gender Chart in China

Male
544,800 CNY
Female -11%
493,000 CNY

Real Estate Project Manager Average Pay Raise in China

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Real Estate Project Manager in China is around 12% every 16 months.

The national average pay raise across all professions and industries in China is around 9% every 15 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 12 ÷ 16 ) × 12  = 9%

What this means is that a Real Estate Project Manager in China can expect to receive an average pay raise of around 9% every 12 months.

Annual Pay Raise by Industry in China for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in China.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

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

Real Estate Project Manager Bonus and Incentive Rates in China

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Real Estate Project Manager is a high bonus based job, with 79% of employees reporting at least one bonus in the last 12 months.

21% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 6% to 8%.

Received Bonus
79%
No Bonus
21%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in China earn approximately 6% more than private sector employees in the same role.

Public Sector
362,200 CNY
Private Sector -6%
341,400 CNY

Salaries for Jobs Similar to a Real Estate Project Manager

In the table below, we have salary information for jobs that are similar to a Real Estate Project Manager in China.

Job Title Category Salary
Acquisition Associate Real Estate 294,700 CNY
Assistant Leasing Manager Real Estate 390,000 CNY
Assistant Property Manager Real Estate 376,800 CNY
Brokerage Real Estate 301,300 CNY
Brokerage Clerk Real Estate 159,100 CNY
Commercial Leasing Manager Real Estate 589,400 CNY
Commercial Real Estate Manager Real Estate 649,700 CNY
Community Development Manager Real Estate 535,900 CNY
Compliance Specialist Real Estate 290,800 CNY
Development Coordinator Real Estate 273,000 CNY
Director of Real Estate Real Estate 645,800 CNY
Lease Administrator Real Estate 381,800 CNY
Leasing Agent Real Estate 308,300 CNY
Leasing Consultant Real Estate 357,700 CNY
Leasing Manager Real Estate 390,000 CNY
Lettings Assistant Real Estate 142,300 CNY
Portfolio Analyst Real Estate 518,300 CNY
Portfolio Manager Real Estate 670,600 CNY
Property Acquisition Agent Real Estate 249,600 CNY
Property and Claims Specialist Real Estate 359,900 CNY
Property Manager Real Estate 454,300 CNY
Property Operations Manager Real Estate 602,700 CNY
Property Tax Assistant Real Estate 307,400 CNY
Real Estate Administrator Real Estate 339,100 CNY
Real Estate Agent Real Estate 305,600 CNY
Real Estate Analyst Real Estate 378,300 CNY
Real Estate Appraiser Real Estate 301,300 CNY
Real Estate Appraiser Real Estate 313,700 CNY
Real Estate Appraiser Real Estate 327,800 CNY
Real Estate Assistant Real Estate 290,800 CNY
Real Estate Association Manager Real Estate 421,400 CNY
Real Estate Broker Real Estate 301,800 CNY
Real Estate General Manager Real Estate 605,700 CNY
Real Estate Project Director Real Estate 552,400 CNY
Real Estate Sales Agent Real Estate 301,600 CNY
Real Estate Valuer Real Estate 301,600 CNY
Research Analyst Real Estate 263,100 CNY
Residential Advisor Real Estate 367,200 CNY
Residential Property Manager Real Estate 430,500 CNY
Shopping Center Manager Real Estate 631,200 CNY
Town Planner Real Estate 619,000 CNY

Salary Comparison by City

If you want to compare salaries with different cities in China, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
Beijing 585,900 CNY
Changchun 513,300 CNY
Changsha 475,700 CNY
Chengdu 574,200 CNY
Chongqing 563,000 CNY
Dalian 471,700 CNY
Dongguan 471,700 CNY
Foshan 501,400 CNY
Fuzhou 462,300 CNY
Guangzhou 607,400 CNY
Hangzhou 552,400 CNY
Harbin 528,600 CNY
Jinan 580,600 CNY
Kunming 496,100 CNY
Nanjing 524,400 CNY
Qingdao 500,100 CNY
Quanzhou 478,000 CNY
Shanghai 595,300 CNY
Shantou 551,200 CNY
Shenyang 555,800 CNY
Shenzhen 529,600 CNY
Suzhou 529,600 CNY
Tianjin 535,800 CNY
Wenzhou 501,400 CNY
Wuhan 568,500 CNY
Wuxi 447,700 CNY
Xi an 543,200 CNY
Xiamen 447,300 CNY
Zhengzhou 466,300 CNY

Salary Comparison by State

The table below includes links to the average salary for each state in China.

City Average Salary
Anhui 582,700 CNY
Beijing 467,700 CNY
Chongqing 489,600 CNY
Fujian 507,300 CNY
Gansu 504,400 CNY
Guangdong 607,400 CNY
Guangxi 541,700 CNY
Guizhou 483,800 CNY
Hainan 472,000 CNY
Hebei 583,000 CNY
Heilongjiang 510,000 CNY
Henan 571,300 CNY
Hubei 583,000 CNY
Hunan 581,000 CNY
Jiangsu 578,500 CNY
Jiangxi 524,400 CNY
Jilin 514,800 CNY
Liaoning 545,300 CNY
Nei Monggol 480,300 CNY
Ningxia 437,900 CNY
Qinghai 467,100 CNY
Shaanxi 531,700 CNY
Shandong 597,800 CNY
Shanghai 466,900 CNY
Shanxi 485,300 CNY
Sichuan 605,700 CNY
Tianjin 466,300 CNY
Xinjiang Uygur 464,400 CNY
Xizang [Tibet] 420,100 CNY
Yunnan 562,600 CNY
Zhejiang 562,200 CNY

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