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  • November 25, 2014
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Results 1 - 10 of 10 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 ...

  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 ...

  3. 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 ...

  4. 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 ...

  5. 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 ...

  6. 'Accidental activist' under house arrest

    Posted Mar 16th 2005, 12:00am by Bill Savadove

    ... hearing and was then sent home, but he was forbidden from leaving the house. He has not been formally arrested. 'He can't go out. He isn't free to speak,' one source said. Mr ... residents on hundreds of property cases and alleged official corruption in land sales. Police detained Zheng's wife as she tried to visit her husband's lawyer last week, the New York-based ...

  7. Attempt to cool rampant investment in property

    Posted Sep 03rd 2003, 12:00am by Bill Savadove

    ... Minister of Construction Wang Guangtao said the government would control the supply of land, halt approvals and institute stricter sales requirements for luxury housing. Joseph Zimny, director ... market moving forward.' The People's Bank of China, the central bank, has ordered tighter credit for lending to the property sector, though not for first-time home buyers. In 1998, ...

  8. The Shanghai mayor with the midas touch for a tarnished town

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

    ... of the scandal, Shanghai announced several moves to increase transparency of land sales and provide more low-cost housing. At the same time, two groups of residents suing the Jingan district over ... disputes with higher compensation for their homes, while arresting the ringleaders of the demonstrations. No city officials have been publicly implicated in the case, though rumours abound ...

  9. Shanghai consulate halts visa service

    Posted Apr 19th 2005, 12:00am by Bill Savadove

    ... that Shanghai authorities were prepared to compensate Japanese restaurants that were attacked, but no further details were available. Shanghai is home to 34,000 Japanese and 4,500 of the country's ... everything to protect all of our exhibitors.' Nissan said there had been little impact on its mainland sales since protests started this month. 'At this time, we are not planning to reduce ...

  10. Women reveal new side in the sexual revolution

    Posted Oct 19th 2008, 12:00am by Bill Savadove

    ... Yun's quest for fame might have backfired. When she posted photos of herself wearing white lingerie and lounging at home in the nude, China was in a period of national mourning. The government ... or a conspiracy to make her famous. Some attacked her not for the racy photos, but over the truthfulness of claims that she was from Sichuan, since she said posting the images would help her home ...



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