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  • November 28, 2014
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  1. Property - Hong Kong & China - PROPERTY

    China home prices drop again in October

    Posted Nov 18th 2014, 10:46am by Langi Chiang

    ... come back to the market," senior statistician Liu Jianwei said. "Therefore the month-on-month decline narrowed." Data from consultancy E-House (China) showed 10 key cities approved 23.6 per cent more new property supply last week than in the previous week and transactions rose in cities such as Shanghai and Guangzhou. The NBS said the steepest month-on-month fall ...

  2. Business - Economy - PROPERTY

    China property sales rise 41.5 per cent month-on-month in September

    Posted Oct 21st 2014, 12:03pm by Langi Chiang

    ... and trending down, despite policy relaxation," said Kevin Lai, Daiwa's chief China economist. "It will take many years for all the inventories to be fully digested." Unsold property ... in sales points to real estate recovery Mainland property sales showed early signs of stabilisation last month after the easing of policies, but deceleration in real estate investment, a key driver ...

  3. Property - Hong Kong & China - PROPERTY

    China property policies undergoing renovation

    Posted Aug 18th 2014, 03:56am by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com Most Chinese cities have relaxed controls, but a new property tax looms Home-buying restrictions to ease Mainland cities that have scrapped home-purchase ... the mainland's property market had shrugged off a brief downturn during the global financial crisis and home prices were soaring. Now, about half a year into a new correction, most of them have either ...

  4. Property - Hong Kong & China - PROPERTY

    Mainland China property market cooling down fast

    Posted Jun 16th 2014, 03:12am by Langi Chiang

    ... and nor is it likely be the last, as the mainland property market cools down more quickly than expected following last year's boom. "We are just here for a look," said a middle-aged ... and towns across the mainland are finding themselves confronted with the same challenge: a cooling property and land market is drying up local government coffers and will affect investment plans ...

  5. Property - Hong Kong & China - PROPERTY

    China property tax may hit Beijing, Hangzhou, Guangzhou next: Shimao

    Posted Jun 18th 2013, 12:00am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Guangzhou and Hangzhou could also be hit by the measure designed to cool surging prices Beijing next to face trial tax, says Shimao A trial property tax may next be applied to the cities of Beijing, Guangzhou and Hangzhou in Zhejiang province, according to the executive vice-chairman of Shimao Property. "Prices in these cities have risen a lot ...

  6. Business - Economy - PROPERTY

    China puts property tax on hold

    Posted Feb 01st 2013, 12:14pm by Yvonne Liu

    ... Yvonne Liu yvonne.liu@scmp.com New leadership feared pilot scheme expansion a threat to urbanisation plan, commentators say China to postpone widening of property tax pilot scheme The expansion of the pilot property tax programme on the mainland has been deferred, the official China Securities Journal reported yesterday. The journal quoted unnamed official sources as saying ...

  7. Business - China Business - PROPERTY

    China April home sales fall 13pc on month as curbs hit; up 69pc on year

    Posted May 14th 2013, 12:00am by Paggie Leung

    ... released yesterday. Last month's figure climbed 69 per cent on a year-on-year basis. Cities such as Beijing unveiled new measures to cool property prices after the State Council told the authorities to curb speculation. One measure was stricter implementation of a 20 per cent tax on property resales. About 79.33 million square metres of residential space were sold last month, down ...

  8. News - China - PROPERTY

    The uncomfortable truth in China’s property market

    Posted Nov 06th 2013, 05:17pm by Reuters

    ... top leaders will give clues about those reform plans. Nowhere in China is the problem of a surging property market more acute than in Beijing and Shanghai, where the lure of good education ... Reuters in Beijing In defying four years of official cooling efforts, China’s soaring house prices reveal an uncomfortable truth: government is one of the biggest obstacles to the success ...

  9. Property - Hong Kong & China - PROPERTY

    Home price rises bring in fears of fresh curbs

    Posted Jun 19th 2013, 12:00am by Peggy Sito

    ... on month. Jason Hui Saitan, executive vice-chairman of Shanghai-based Shimao Property, warned that the rises could trigger governments to apply a trial property tax in these cities. A property tax is an administrative measure that central and local authorities use to curb price surges. The central government could extend the trial property tax first introduced in Shanghai and Chongqing two years ago ...

  10. Business - Money - PROPERTY

    Investors dump developers on renewed curbs in China

    Posted Mar 04th 2013, 02:18pm by Jeanny Yu, Kwong Man-ki

    ... Large-capitalisation property stocks led the decline yesterday. China Overseas Land & Investment, the biggest Hong Kong-listed mainland developer, lost 7.14 per cent to HK$21.45, while China Vanke fell ... yesterday. Yet some mainland developers remained confident. "Property prices will likely be a little bit volatile, but I don't think they will drop substantially," Hui Wing-mau, ...




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