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Results 1 - 10 of 18 for home sales

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  1. Property sector curbs begin to bite in Shanghai

    Posted May 25th 2005, 12:00am by Bill Savadove

    ... as they are buying to build rather than for resale,' he said. State media has reported that new home sales in Shanghai have tumbled sharply since the steps were unveiled. Average daily sales of new ... to curb speculation. And earlier this month, the central government announced a basket of measures to take effect at the start of next month, including a sales tax on residential flats sold within ...

    http://www.scmp.com/article/501872/property-sector-curbs-begin-bite-shanghai
  2. Shanghai property surge reined in

    Posted Feb 09th 2006, 12:00am by Bill Savadove

    ... of purchase. The central government followed in the middle of last year with several measures, including a sales tax on homes sold within two years of purchase, tighter bank lending and tax penalties ... housing sales fell 7.7 per cent to about 191 billion yuan last year. As measured by area, home sales fell 12 per cent to 28 million square metres. Investment in property development slowed sharply ...

    http://www.scmp.com/node/535750
  3. Property market digests new government controls

    Posted May 19th 2006, 12:00am by Bill Savadove

    ... These included a sales tax on homes sold within two years of purchase, tighter bank lending and penalties for developers holding idle land. Officials in Shanghai, considered among the mainland's ... cities or consumers, such as those buying second homes. 'The space for further tightening is small. This guideline is more likely targeting cities like Beijing,' said a mortgage ...

    http://www.scmp.com/article/549419/property-market-digests-new-government-controls
  4. Shanghai plays down fears of property blowout

    Posted May 14th 2006, 12:00am by Bill Savadove

    ... national measures, including a sales tax on homes sold within two years of purchase, tighter bank lending, and penalties for developers holding idle land. 'The property market has returned ...

    http://www.scmp.com/article/548780/shanghai-plays-down-fears-property-blowout
  5. Controls have little effect on surging property prices

    Posted Apr 18th 2006, 12:00am by Bill Savadove

    ... a capital gains tax of 5.5 per cent on properties sold within one year of purchase. The central government followed up mid-year with several national measures, including a sales tax on homes sold ...

    http://www.scmp.com/article/545239/controls-have-little-effect-surging-property-prices
  6. Scalded by scandals, Shanghai plans to unveil new rules for fairer land sales

    Posted Jul 24th 2003, 12:00am by Bill Savadove

    ... Shanghai plans to unveil new rules for urban clearance next month, in an attempt to better regulate land sales, following the scandal involving property developer Chau Ching-ngai, ... reported. The guidelines aim to better implement a tendering system for land sales based on market prices. Previously the process was conducted through agreements between district governments ...

    http://www.scmp.com/article/422707/scalded-scandals-shanghai-plans-unveil-new-rules-fairer-land-sales
  7. Beijing enforces capital gains tax to cool market

    Posted Jul 28th 2006, 12:00am by Bill Savadove

    ... Bill Savadove in Shanghai The mainland will begin enforcing the collection of a capital gains tax on property sales next week in yet another move aimed at cracking down on speculation. The tax- 20 per cent on capital gains from sales of second-hand property- has been on the books for more than a decade but has not been strictly enforced. Some cities had tried to impose the tax, ...

    http://www.scmp.com/article/558289/beijing-enforces-capital-gains-tax-cool-market
  8. Lending raises fears over Shanghai property

    Posted Jul 09th 2003, 12:00am by Bill Savadove

    ... worries about overheating in the city's real estate market. The Shanghai government has tightened credit for the property sector in the wake of a land-sale scandal involving local developers. ... into two local developers cast a spotlight on back-room land deals. In the wake of the scandal, officials vowed to implement an auction system for land sales and review all deals in the last two ...

    http://www.scmp.com/article/421117/lending-raises-fears-over-shanghai-property
  9. Foreign culture crackdown targets cartoons, satellite TV

    Posted Aug 14th 2006, 12:00am by Bill Savadove

    ... the import, production, sale and installation of equipment to receive signals, the Beijing Morning Post reported yesterday. The mainland restricts foreign television programmes beamed by satellite to luxury hotels and homes mainly inhabited by foreigners and overseas Chinese. However, illegal satellite dishes have proliferated nationwide, prompting periodic crackdowns. Companies ...

    http://www.scmp.com/article/560245/foreign-culture-crackdown-targets-cartoons-satellite-tv
  10. Historic flights celebrated with music, flowers and joy

    Posted Jan 30th 2005, 12:00am by Bill Savadove

    ... banners, reading 'Shanghai Airlines Welcomes You', ushered passengers aboard. 'I'll be home in time for lunch,' one Taiwanese businessman said as he boarded the flight. ... passengers on 10 round trips during the holiday period. The two Shanghai-based airlines boosted ticket sales by cutting prices about 20 per cent. One-way tickets sold for about 1,500 yuan and returns ...

    http://www.scmp.com/article/487556/historic-flights-celebrated-music-flowers-and-joy

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