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  • August 21, 2014
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  1. 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 ...

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

    Posted May 13th 2011, 12:00am

    ... 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 false housing applications from people who were found to own expensive cars and lived in upmarket communities. However, the housing cheats will only be fined 5,000 yuan and banned from ...

  3. News - Hong Kong - FOCUS

    Hongkongers looking for a better lifestyle flock to Shenzhen

    Posted Jun 02nd 2013, 12:00am by John Carney

    ... life." Lee also found that working-class people- including those living in public housing, those who use their life savings or whose children chip in to purchase a property on the mainland- ... humble origins. They wanted a comfortable lifestyle in an orderly environment. It's also part of the story of post-reform China. In the 1990s, when land reform first started, the housing ...

  4. 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. ...

  5. housing on the mainland

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

    ... Reading comprehension Answer the following questions: 1 Why have the Tangs decided to leave Beijing? a. They want to raise their first child somewhere with less pollution. b. Their parents asked them to return to Guangxi. c. They are looking for better pa ...

  6. Excellence attracts China Life and Ping An

    Posted Oct 16th 2009, 12:00am by Peggy Sito

    ... Peggy Sito China Life Insurance and Ping An Insurance (Group) will be cornerstone investors for Shenzhen developer Excellence Real Estate's up to HK$7.8 billion initial public share offering in Hong Kong. Together, the mainland insurers would invest ...

  7. '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 is so strong and deeply rooted in Chinese culture. No housing, no home,' Mr Liu said. No house also tends to mean no spouse. 'I've been alone since I came to Shenzhen. Few women ...

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

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

    ... Carol Chan Property-focused Shenzhen Investment has warned that oversupply in the mainland property market will continue in the next year or two after reporting a 58 per cent drop in first-half earnings. 'The property sector will stay low for another ...

  9. 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 ...

  10. Fifteen killed in blaze at Shenzhen factory housing unlicensed firms

    Posted Feb 28th 2008, 12:00am by Fiona Tam

    ... He Huifeng and Fiona Tam At least 15 people died and three others were seriously injured yesterday in a factory blaze described as Shenzhen's biggest fire since 1999. The blaze started at 4.10am on the ground floor of a seven-storey industrial buildi ...




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