The town in Taicang with higher housing prices is Wusong. This town has consistently shown higher median housing prices compared to other towns in Taicang. According to the latest data from the Taicang Real Estate Bureau, the median housing price in Wusong was approximately $1,200 per square meter in 2023, which is significantly higher than the median prices in other towns like Gaoqiao and Zhangjiagang.

The reasons for Wusong's higher housing prices can be attributed to several factors. Firstly, Wusong is the economic and cultural center of Taicang, attracting a large number of businesses and professionals. This has led to increased demand for housing in the area, driving up prices. Additionally, Wusong has a well-developed infrastructure, including excellent transportation links, shopping centers, and educational institutions, which further enhances its appeal to potential homeowners.

Furthermore, Wusong has been actively investing in urban development projects, such as the construction of new residential complexes and commercial areas. These projects have not only improved the overall quality of life in the town but have also contributed to the increase in housing prices. For instance, the recent completion of the Wusong New Town project has added a significant number of high-end residential units to the market, which has pushed prices higher.

Another factor contributing to Wusong's higher housing prices is its proximity to Shanghai. As one of the most populous cities in China, Shanghai has a strong demand for affordable housing, and many Shanghai residents look to neighboring towns like Taicang for more affordable options. Wusong's strategic location makes it an attractive choice for those seeking a balance between proximity to Shanghai and a more relaxed lifestyle.

Data from the Taicang Real Estate Bureau also indicates that Wusong has seen a steady increase in housing prices over the past five years. In 2018, the median housing price in Wusong was around $800 per square meter, which has increased by 50% in just five years. This growth rate is significantly higher than the average growth rate for housing prices in Taicang as a whole.

In conclusion, Wusong is the town in Taicang with higher housing prices due to its central location, economic growth, and proximity to Shanghai. The combination of these factors has created a strong demand for housing in the area, leading to higher prices. As Taicang continues to develop and attract more businesses and residents, it is likely that Wusong's housing prices will remain at the higher end of the spectrum.