In recent years, the cost of modular construction in China has remained relatively stable overall, though localized fluctuations and minor adjustments have occurred due to technological advancements and market factors. Below is an overview of modular construction costs in recent years:
Temporary and Simple Structures: Primarily utilizing light steel frames combined with basic panels for short-term applications. From 2023 to 2025, the quoted price per square meter generally ranges between 800 - 1,500 CNY. Although steel prices fluctuated during this period, costs for this category remained largely stable due to its simple materials and mature technology.
Standard Residential Type: Typically employs light steel or wood structures supplemented with materials like OSB panels, suitable for conventional residential scenarios. Over the past three years, the cost per square meter has remained relatively stable within the range of 1,500- 3,000 CNY.
Standard Commercial Type: Utilizes steel structures or concrete modules for office buildings and chain stores. From 2023 to 2025, the price per square meter generally ranges between 2,000-3,500 CNY. In some regions, rising labor costs and stricter environmental regulations have caused minor cost increases during specific periods, but overall fluctuations remain limited.
High-End Customized Type: Utilizing heavy steel structures and precision prefabricated components with premium specifications. Since 2023, the cost per square meter has remained stable between 3,000 -6,000 CNY. For instance, the 2024 Yuanda T30 Hotel project, a quintessential high-end modular building, carries a unit cost of approximately 3,000CNY per square meter.
Luxury Smart Type: Featuring all-steel structures integrated with high-tech systems, primarily used in landmark buildings. From 2023 to 2025, the cost per square meter has consistently remained above 6,000 CNY.