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  • October 24, 2014
  • Last updated: 2:47am
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  1. Property - Hong Kong & China - MAINLAND

    Mainland housing funds make borrowing easier

    Posted Oct 31st 2012, 12:00am by Peggy Sito

    ... periods. Nomura Equity Research said that with a favourable mortgage rate of 4.5 per cent (against the People's Bank of China's five-year benchmark rate of 6.55 per cent), loans raised ... Peggy Sito peggy.sito@scmp.com Housing funds loosen their lending policies Housing provident fund loan policies have been amended in more than 20 mainland cities to make it easier ...

  2. Property - Hong Kong & China - MAINLAND

    New leaders in Beijing face tough decision on property

    Posted Nov 07th 2012, 12:00am by MCT

    ... for mortgages. Nearly a quarter of the development's 145 houses remained unsold, she said, including the most expensive property, a 3,800-square-foot home priced at US$800,000. "A few years ago, people would get loans," Wang said. He Kunwei, a senior broker at 21st Century real estate in Chengdu, said he was also struggling; his sales numbers were down more than half since ...

  3. Property - Hong Kong & China - MAINLAND

    China home prices to keep rising over next few months, say analysts

    Posted Nov 13th 2013, 04:01am by Langi Chiang

    ... yuan (HK$50,900) per square metre. Meanwhile, mainland banks are cutting mortgage loans, a year-end ritual as their lending quotas run out. "These measures will cool market sentiment ... announcements from the third plenary session of the Communist Party's Central Committee, which ended yesterday. Part of this year's housing inflation was fuelled by strong mortgage loans ...

  4. Property - Hong Kong & China - MAINLAND

    Buyers, sellers in Beijing stay on sidelines

    Posted Mar 04th 2014, 02:50pm by Langi Chiang

    ... the sidelines now, waiting for policy indications from the meeting," said Jin Ruixin, a research director at Centaline Property Agency in Beijing. "The extended time for approvals for mortgage loans and recent price cuts in some second-tier cities, including Hangzhou, are weighing down sentiment here," he said. Data from the National Bureau of Statistics showed that home prices ...

  5. Property - Hong Kong & China - MAINLAND

    H7N9 bird flu not behind slowing Shanghai home sales, agents say

    Posted Apr 10th 2013, 12:00am by Sandy Li

    ... than 98,000 poultry, and all live poultry markets have been shut. But Lau said a decline in home sales in Shanghai was more likely the result of the recent tightening of mortgage loan ... unveiled further property controls last week after being directed by the central government in March to calm real estate markets. The controls include strict checks on mortgage qualifications ...

  6. Property - Hong Kong & China - MAINLAND

    Return of capital gains tax on mainland may boost sales of new homes

    Posted Mar 06th 2013, 12:00am by Sandy Li

    ... of mortgage loans to first-time homebuyers and for the interest rates on those loans. It also wanted banks to ask buyers of second homes in cities where prices have risen rapidly to make higher down ...

  7. Property - Hong Kong & China - MAINLAND

    China home sales show mixed results after cooling measures

    Posted May 15th 2013, 12:00am by Sandy Li

    ... per cent growth for the eighth consecutive month. Jefferies Equity Research Asia said mortgage loans and domestic debt jumped 68 per cent year-on-year and 27 per cent year- on- year ...

  8. Property - Hong Kong & China - MAINLAND

    Beijing's 'rat race' migrants, unable to afford high rents, live underground

    Posted Jan 08th 2014, 05:35am by Reuters

    ... on average 42 per cent of their combined monthly income on mortgages. ...

  9. Property - Hong Kong & China - MAINLAND

    First parcel of China's collective rural land, in Shenzhen, up for auction

    Posted Dec 04th 2013, 05:33am by Peggy Sito

    ... of the rural land market. Urban land designated for construction can be sold or mortgaged, but until now rural land could not be used by entities outside the village. The third plenum of the Communist ...

  10. Property - Hong Kong & China - MAINLAND

    Guangzhou property cooling may have to be bolstered, say experts

    Posted Nov 27th 2013, 04:40am by Langi Chiang

    ... on wealthy locals who are hoarding flats, but life for end-user mortgage slaves will become even more miserable. Home prices will start to surge afresh," the blogger said of the latest measures. ...




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