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  1. Down payment subsidies aim to lure buyers

    Posted Feb 28th 2012, 12:00am

    ... Peggy Sito peggy.sito@scmp.com Falling home prices on the mainland are forcing some developers to allow first-time home buyers to delay down payments- or subsidise the payments to boost ... in the remaining 23 were unchanged from December, according to the National Statistics Bureau, which conducted the survey. None of them posted gains, the first time that has happened in about a year. ...

  2. Computer fair pleases mainland buyers but not all sellers

    Posted Aug 25th 2009, 12:00am by Staff Reporter

    ... for the first time, said they were not told it was a retail gadget fair, and they had expected a business-to-business platform. 'The company was not prepared to sell computers. It was such a wasted ...

  3. Home sales rebound on mainland

    Posted Apr 13th 2012, 12:00am

    ... finally been cutting asking prices.' The banks began to offer discounts on mortgage rates to first-time buyers after the Lunar New Year holiday at the end of January. 'Small banks ... Yvonne Liu yvonne.liu@scmp.com Property sales in major mainland cities rebounded last month, fuelled by price cuts and mortgage discounts for first-time homebuyers. Sales of second-hand ...

  4. HK buyers ease up on Chinese real estate

    Posted Jul 27th 2011, 12:00am

    ... for prices to rise by between 8 and 10 per cent this year. In January, the central government unveiled a package of eight austerity measures to curb rising property prices. For the first time, local ... in the same period last year. In Shenzhen, formerly the most popular location for Hong Kong investors, between 1,800 and 2,000 properties were sold to Hong Kong buyers, down 10 per cent from the same ...

  5. More mainland projects to lure Hong Kong buyers

    Posted Apr 30th 2008, 12:00am by Sandy Li

    ... increased [last] month,' Mr Choi said. Interest in punting on an appreciating yuan was sparked when the unit broke below 7 yuan to the US dollar on April 10 for the first time since its ... Sandy Li Property agents plan to showcase more mainland developments to Hong Kong buyers in the next few weeks because they believe a growing number of investors may be tempted ...

  6. Tighter rules in Shenzhen on home purchases

    Posted Oct 04th 2010, 12:00am by Peggy Sito

    ... measures included in the central government announcement included the suspension of third-home mortgages; raising the down-payment requirement for first-time buyers to 30 per cent from 20 per cent; ... investors' financing to temporarily suppressing first-time buyer demand, indicating the seriousness of the current heated market. The measures 'are stronger than the idle land policy announced ...

  7. Cooling measures have less impact than expected

    Posted Nov 03rd 2010, 12:00am by Peggy Sito

    ... per cent increase in required down-payment for first-time buyers from 20 to 30 per cent of the purchase price. The down-payment requirement for second property buyers was raised to at least 50 ... to raise mortgage rates for first-time home buyers. As of November 1, mortgage applicants looking to buy their first home will have to pay interest on their home loans at a rate of 85 per cent ...

  8. Biggest developer cautious due to high land prices

    Posted Mar 13th 2012, 12:00am

    ... the environment for first-time home buyers had started to improve. China Vanke said it had focused on small and medium-sized ordinary housing, with sales of residential units below 970 sq ft accounting ...

  9. Home prices continue slide in biggest mainland cities

    Posted Feb 02nd 2012, 12:00am

    ... and the banks may make it easier for first-time home buyers to apply for mortgages. Yet the government would make sure the loosening will only benefit those with a real need for a home,' said ...

  10. New homes on mainland reverse 9-month decline

    Posted Jul 03rd 2012, 12:00am

    ... Peggy Sito peggy.sito@scmp.com Prices of new homes on the mainland in June rose for the first time in 10 months as a cut in interest rates buoyed buyer sentiment. New homes edged up 0.05 ... encouraged buyers to enter the market. Among the top 10 cities, including Beijing, Guangzhou, Shanghai and Shenzhen, average prices of new homes rose 0.75 per cent from May. Beijing showed ...




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