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  • October 26, 2014
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  1. Housing prices in main cities shoot up

    Posted Apr 16th 2005, 12:00am by Staff Reporter

    ... Shi Ting Moves to rein in market have failed to stop properties soaring in first 3 months The average residential housing price in the mainland's major cities rose more than 10 per ... Upmarket housing market prices soared 12.9 per cent in the first three months from a year earlier, while budget housing recorded only a 3.4 per cent growth rate. The report will come as unwelcome ...

  2. Housing prices in Shanghai 'rising too fast'

    Posted Jan 26th 2005, 12:00am by Bill Savadove

    ... Bill Savadove in Shanghai Slowdown compared with 2003 does little to appease local government officials Shanghai housing prices rose nearly 16 per cent last year, slowing from a jump ... districts. Residents complain that housing priced at less than 3,500 yuan per square metre, which the city defines as 'low cost', is virtually non-existent except in remote suburbs. ...

  3. 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 ...

  4. Vice-premier vows housing curbs will stay

    Posted Nov 29th 2011, 12:00am

    ... on the housing sector despite tumbling prices in some big cities. Li's remarks during a 'fact-finding tour' in northern Hebei province added to concerns that prices could fall even further ... researcher at E-House (China). 'It is expected that prices could fall another 10 per cent in the coming two quarters before the government considers any policy loosening.' In Shanghai, ...

  5. Housing still too dear, says mayor

    Posted Jan 17th 2012, 12:00am

    ... the 'excessively high' house prices he said were harming buyers and sustainable development. In his annual news conference at the close of the municipality's people's congress, Han hailed ... that the prices of residential properties in Shanghai are too high. High prices not only affect the interests of the public and consumers in general; they are also impinging on the housing market's ...

  6. Business - China Business - PROPERTY

    Shanghai offices nudge Hong Kong prices

    Posted May 20th 2013, 12:00am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Residential curbs boost appeal of the sector as foreign funds, state enterprises step up buying Shanghai offices nudge HK prices An increasing number of foreign ... is driving up prices and compressing the annual investment yield to a level close to Hong Kong's. Flush with liquidity, two overseas funds are in talks to buy two prime office buildings - Cross ...

  7. Noble House restaurant chain cooks up HK$83m recipe for IPO

    Posted Dec 21st 2011, 12:00am

    ... Sophie Yu sophie.yu@scmp.com The mainland's high-end restaurant chain Noble House (China) plans to raise up to HK$83.3 million in an initial public offering in the growth enterprise ... by chairman Chan Taineng and executive director Cheung Chikeung. Noble House runs seven restaurants in Shanghai, Beijing, Qingdao and Chengdu and is going to open two new restaurants in Ningbo ...

  8. Property - Hong Kong & China - MAINLAND

    Low property taxes fail to curb rise in home prices in Shanghai, Chongqing

    Posted Jan 30th 2013, 12:00am by Yvonne Liu

    ... applies only to high-end properties. Houses or new homes selling for 12,779 yuan per square metre or above are subject to a tax ranging from 0.5 to 1.5 per cent, depending on the price difference ... to curb rise in home prices Property taxes levied by the municipal governments of Shanghai and Chongqing failed to curb home price rises because they were set too low, say analysts. They imposed ...

  9. Prices set to fall

    Posted Feb 03rd 2012, 12:00am

    ... The mainland market is expected to see more transactions but weaker prices this year, according to the China division of Midland Properties. In Beijing, tightening policies last year ... commercial housing sold was 970 million square metres, up 8 per cent. ...

  10. Shanghai developers misreported prices, statistics bureau says

    Posted Aug 24th 2010, 12:00am by Staff Reporter

    ... Daniel Ren in Shanghai Developers in Shanghai have been found to have incorrectly reported property prices to authorities, distorting national official housing market data. The finding comes nearly six months after homebuyers criticised the government for publishing misleading information and analysts warned that inaccurate housing price data would lead to further instability ...




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