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  1. House prices rise despite steps

    Posted May 19th 2011, 12:00am

    ... Peggy Sito peggy.sito@scmp.com New house prices rose moderately month on month in April in 57 out of 70 mainland cities despite government efforts to cool the residential property sector, ... the number of flats that may be bought by mainlanders. Premier Wen Jiabao has repeatedly pledged to bring down housing prices to what he terms a 'reasonable' level. ...

  2. 'Housing slaves' appeal to Beijing for pricing relief

    Posted Mar 16th 2007, 12:00am by Staff Reporter

    ... shop, with an annual income of about 100,000 yuan. 'Housing prices are the biggest headache for people like me, who earn a mid-level income in urban areas. The dream to own an apartment ... even further,' Mr Liu said. Concerns about housing prices are also prominent in the media. In special columns soliciting questions for Mr Wen, property prices were one of the most heated ...

  3. Fall in housing prices healthy, says official

    Posted Jan 21st 2008, 12:00am by Staff Reporter

    ... Ng Tze-wei in Guangzhou The sharp fall in housing prices will only make Guangdong's property market healthier, the province's construction chief said yesterday. 'Excessively high housing prices are not good for Guangdong's economic development, nor for resolving housing problems faced by the people,' Guangdong department of construction director Lao ...

  4. Warning after strong mainland property growth

    Posted Mar 09th 2010, 12:00am by Sandy Li

    ... for property and other austerity measures to stabilise prices. Jiang Weixin, minister of Housing and Urban-Rural Construction, told the annual session of the National People's Congress yesterday that the government would punish developers who delayed sales to wait for higher prices. The government would build 2.8 million housing units this year, ensuring that the country's low-income earners ...

  5. Signs of life in housing market

    Posted Jun 25th 2012, 12:00am

    ... in the secondary housing market, said. 'But the market has been warming up ever since the Lunar New Year.' From zero in the last quarter of last year, Wang has been closing one to two deals every ... say the pace of housing sales appears to have picked up since March. But they hesitate to call the rebound a full recovery. 'A series of restrictive policies has been implemented ...

  6. Mainland home prices defy tightening moves

    Posted Nov 15th 2007, 12:00am by Chloe Lai

    ... Chloe Lai in Shanghai Mainland property prices continue to rise, defying anti-speculative measures launched last month by Beijing to curb growth in the red-hot market. A National Development and Reform Commission survey released yesterday showed average property prices in 70 cities rose 1.6 per cent last month from September. Prices jumped 9.5 per cent from a year earlier last ...

  7. Housing cheats to be punished over false applications for low-cost flats

    Posted May 13th 2011, 12:00am

    ... where those who qualified for social welfare housing were found to already own luxury cars and houses. The average housing price in Shenzhen exceeded 20,345 yuan per square metre last month, ... that municipal housing authorities have issued penalty notices, following public anger over the unfair distribution of public resources. In March, the housing authority issued 45 penalty notices over ...

  8. housing on the mainland

    Posted May 18th 2010, 12:00am by Staff Reporter

    ... end up in low-paid jobs and poor living conditions d. young professionals who keep moving from city to city looking for better jobs 4 By what percentage have flat prices increased in Shanghai? a. 68 b. 66 c. 51 d. 94 Think about 1 If you were from a rural village on the mainland, would you move to a big city? How would you cope with the expensive prices there? 2 Would you rather ...

  9. Guangzhou office prices at record high

    Posted Aug 08th 2012, 12:00am

    ... Paggie Leung paggie.leung@scmp.com The average price of prime office space in Guangzhou rose to a record high of 32,070 yuan (HK$39,300) per square metre in the second quarter, despite ... on the average price in the first quarter. 'The increase was due to limited supply of available grade-A office buildings in Guangzhou. And there were also some landmark buildings on offer during ...

  10. Shenzhen Investment posts 58pc profit fall as housing slump lingers

    Posted Sep 24th 2008, 12:00am by Carol Chan

    ... the president of the Hong Kong-listed investment arm of Shenzhen's municipal government, said yesterday. Although property prices in Shenzhen, one of the hardest-hit areas, had fallen 30 per cent from its peak in September last year to 11,000 yuan (HK$12,560) per square metre, Mr Zhang said the lacklustre market would last for a while until prices fell to 2006 levels. As average ...




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