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  1. Property - Hong Kong & China

    Getting a flat in new affordable housing project in Beijing like winning a lottery

    Posted Feb 25th 2014, 11:07am by CELINE SUN; LANGI CHIANG

    ... the municipality announced in October to check housing inflation and ease social discontent, at a time when most of the capital's middle-class families have been priced out of the market. What ... home programme, Beijing has other subsidised affordable housing schemes- launched in the past few years- that sell or rent homes to local low-income families or migrant workers at prices much ...

  2. News - China - INFRASTRUCTURE

    Residents fear Hebei expressway will drive up house prices

    Posted Jun 06th 2013, 12:00am by MANDY ZUO

    ... Mandy Zuo mandy.zuo@scmp.com People sceptical about actual benefits of Hebei expressway dubbed Beijing's seventh ring road Residents fear road will drive up house prices Hebei media ... through the capital. Others feared it would cause housing prices to rise. Hebei transport authorities had signed an agreement with Beijing to work together to speed up construction of several ...

  3. Intervention sees price of new housing drop 11.3pc

    Posted Jan 13th 2012, 12:00am

    ... Ed Zhang in Beijing ed.zhang@scmp.com Beijing Mayor Guo Jinlong says the average price of new housing in the capital fell 11.3 per cent last year thanks to heavy government intervention ... this week. Beijing's control of housing prices was matched, the mayor said, by 'almost twice as much' investment in various government-subsidised 'policy housing' projects ...

  4. Local officials urged to implement price-control policies for housing

    Posted Mar 15th 2011, 12:00am by Celine Sun

    ... Celine Sun Premier Wen Jiabao urged local officials to play their part in curbing rocketing housing prices and implement tightening policies launched by the central government. ... of housing price-control policies and urge them to take up their responsibility seriously.' Beijing is keen to rein in surging property prices, which have increased inflationary pressures ...

  5. Property - Hong Kong & China - MAINLAND

    Affordable-housing sales poor in tier-one mainland cities

    Posted Feb 20th 2013, 12:00am by Yvonne Liu

    ... for such flats cannot afford the high purchase prices, agents and property analysts say. "The sales of affordable housing in Shanghai are not good because the qualifying salary ceiling is too ... thought the units would be popular, as housing demand is strong and the prices of those flats are up to 30 per cent below prices of similar-sized houses in the private market. But sales have been ...

  6. Beijing urged to ease curbs on luxury housing

    Posted Jun 21st 2012, 12:00am

    ... in home sales and prices, particularly in first-tier cities. The latest figures from the National Bureau of Statistics show prices of new homes in 55 cities in dropped in May from a year earlier, but the decline in prices had slowed. In 15 cities, prices remained flat or increased slightly. David Ji Yanxun, head of research at real estate adviser DTZ, said: 'It's not a good time to relax ...

  7. Property - Hong Kong & China - MAINLAND

    Beijing property prices rising sharply beyond reach of some buyers

    Posted Feb 06th 2013, 12:00am by Peggy Sito, Celine Sun

    ... In Guangzhou, the average price rose 2.14 per cent month-on-month and Shenzhen rose 2.18 per cent when compared with that of December. A survey by E-House (China) Holdings showed the total housing areas ... believed that housing prices in Beijing would fall since the central government launched a series of austere tightening measures. But when they started to look for a flat a few months ago, ...

  8. Business - China Business - PROPERTY

    Beijing readies more curbs as prices resist policies

    Posted Jun 05th 2013, 12:00am by Bloomberg

    ... Bacic & 5i5j, the city's second-biggest property broker. The failure of official curbs to stem price increases in the capital highlights the government's struggle to keep housing ... Bloomberg in Beijing Beijing readies more curbs as prices resist policies Beijing, which already has the mainland's strictest property curbs, is being forced to take additional steps ...

  9. More cash for low-income housing

    Posted Feb 08th 2012, 12:00am

    ... households and to stabilise once sky-rocketing urban housing prices. Heavy pressure was applied to local governments last year to get them behind the effort to build 10 million flats. Lin Songli, ... to pay their share of the plan if the central government pushed hard enough. 0.18% According to a survey of 100 cities across the mainland, the average house price was this much lower in January ...

  10. Curbs warning as Home prices head for rebound

    Posted Jul 25th 2012, 12:00am

    ... of dangers in the second half of the year if housing prices rebounded strongly. 'Market optimism has been built on a highly unlikely scenario in which volumes will keep rebounding while housing ... government still wants to control housing prices,' he said. The most eye-catching deal took place in Beijing earlier this month. On July 10, private developer Sinobo won a residential site ...




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