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  1. Capital moves to boost low-cost housing supply

    Posted Dec 05th 2007, 12:00am by Staff Reporter

    ... Fulton Mak Within a month of warnings by Premier Wen Jiabao that the country's poor needed more low-cost housing, Beijing has announced a string of measures to boost supply ... supply. Also adopted were various measures to ensure effective resource allocation and to combat speculation involving the purchase of subsidised public housing at low prices to fetch higher ...

  2. Property - Hong Kong & China

    Getting a flat in new affordable housing project in Beijing like winning a lottery

    Posted Feb 25th 2014, 11:07am by CELINE SUN; LANGI CHIANG

    ... lower than those in the marketplace. Subsidised housing will take up a combined 70 per cent of planned land supply for residential use this year in Beijing. The rising proportion of subsidised ... Celine Sun in Beijing and Langi Chiang The city's latest affordable housing scheme leaves more than 140,000 applicants vying for just 2,000 homes in an outer district Buying ...

  3. Property - Hong Kong & China - MAINLAND

    Affordable-housing sales poor in tier-one mainland cities

    Posted Feb 20th 2013, 12:00am by Yvonne Liu

    ... as they lack social facilities," he said. Last year, the supply of affordable housing reached 7.7 million square metres, with 110,000 flats in Shanghai. Alan Chiang Sheung-lai, the head ... Yvonne Liu yvonne.liu@scmp.com Big-city affordable-housing sales weak Sales of government-subsidised housing in Shanghai and Beijing have been disappointing because those who qualify ...

  4. Beijing urged to ease curbs on luxury housing

    Posted Jun 21st 2012, 12:00am

    ... money supply and credit amount in the market, to avoid major fluctuations,' the proposal says. It also suggests stimulating growth by cutting interest rates instead of banks' reserve ... up, the rises began in the luxury end and spread to the mass market. 'The government is trying to buy time to build more subsidised housing for lower-income groups,' he said. ...

  5. Issue of national law on housing splits political aides

    Posted Mar 10th 2012, 12:00am

    ... Mandy Zuo mandy.zuo@scmp.com As the mainland continues its ambitious public housing projects to make housing more affordable for citizens, political advisers are split over whether there should be national legislation on the issue. While some say a law should be drafted to ensure the proper use of low-income housing, others suggest that creative solutions by local governments ...

  6. Local officials urged to implement price-control policies for housing

    Posted Mar 15th 2011, 12:00am by Celine Sun

    ... Celine Sun Premier Wen Jiabao urged local officials to play their part in curbing rocketing housing prices and implement tightening policies launched by the central government. ... of housing price-control policies and urge them to take up their responsibility seriously.' Beijing is keen to rein in surging property prices, which have increased inflationary pressures ...

  7. Low-cost housing is no answer to mainland's economic prayers

    Posted Feb 07th 2012, 12:00am

    ... there is another supply of funds that local governments could have tapped to fund social housing construction: their revenues from land sales. At first, this looks like a promising source of cash. ... Tom Holland The optimists who believe the mainland will glide to a cyclical soft landing invariably point to its massive programme of social housing construction to support their argument ...

  8. Housing in Beijing less affordable than world standards

    Posted Dec 23rd 2006, 12:00am by Staff Reporter

    ... Irene Wang Housing in Beijing is much less affordable than international standards, with an ever-widening gap between home prices and incomes, according to a survey. Beijing-based real estate agency Home Link Group says the ratio between house prices and local incomes- a key indicator of affordability- is 9.4:1, compared to 3:1 in the United States and 4:1 in Japan. Before Hong ...

  9. 60pc of new Beijing housing unsold

    Posted May 04th 2006, 12:00am by Staff Reporter

    ... Vivian Wu Despite rocketing property prices in the capital, about 60 per cent of privately developed housing available for purchase off the plan in Beijing remained unsold at the end ... square metres of housing in 1,512 projects in the city, but 15.41 million square metres- or 60 per cent of the total- had not been sold. The release of the data followed a report by the Beijing ...

  10. News - China - AGRICULTURE

    Beijing tries to plant seeds for a more stable food supply

    Posted Jan 29th 2013, 12:00am by MANDY ZUO

    ... Mandy Zuo mandy.zuo@scmp.com First plan to overhaul troubled industry comes amid growing concern about reliance on imports to meet the nation's demand Beijing starts sowing seeds for a more stable food supply The central government has mapped out its first long-term plan for the agricultural seed industry, as a lack of independent biotechnology and a chaotic seed market have ...




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