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  • September 23, 2014
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  1. Business - Property - TAX REFORM

    Wen Jiabao says property tax reform needs serious study

    Posted Jan 16th 2013, 12:00am by Victoria Ruan

    ... Victoria Ruan victoria.ruan@scmp.com Wen comment suggests delay to property tax Premier Wen Jiabao said yesterday that property tax reform should be studied "in the medium to long run", suggesting a plan to expand a tax trial might be delayed. It's the first time Wen has given a slightly clearer timetable for expanding a property tax trial imposed in Shanghai ...

    http://www.scmp.com/business/article/1129019/wen-jiabao-says-property-tax-reform-needs-serious-study
  2. Property - Hong Kong & China - C-SUITE

    Finance chief tells of Country Garden’s love for small cities

    Posted Sep 23rd 2014, 10:22am by Langi Chiang

    ... of changes, but he is not ending Country Garden’s love affair with China’s small cities.   The property sector’s gross profit margin is falling. How can you maintain or even improve the net profit ... and second-tier cities, such as Lanzhou. But downtown areas of first and second-tier cities are not Country Garden’s first choice. The company aims to build homes that ordinary families can afford. ...

    http://www.scmp.com/property/hong-kong-china/article/1597500/finance-chief-tells-country-gardens-love-small-cities
  3. Property - International - CANADA

    Demand remains robust as housing costs continue to rise in Canada

    Posted Sep 17th 2014, 05:52am by Reuters

    ... prices rose last month from July in 10 of 11 cities, led by a 1.8 per cent gain in Winnipeg, a 1.5 per cent gain in Ottawa and a 1.2 per cent rise in Toronto. Prices were down 0.7 per cent in Montreal. Year-on-year price gains were also seen in 10 cities. Compared with a year earlier, prices were up 7.9 per cent in Calgary, 4.5 per cent in Edmonton, 0.9 per cent in Halifax, 6.7 per cent ...

    http://www.scmp.com/property/international/article/1593972/demand-remains-robust-housing-costs-continue-rise-canada
  4. Property - Hong Kong & China - HOUSING

    Xiamen only city in mainland China to report growth in housing prices

    Posted Sep 18th 2014, 02:45pm by Yvonne Liu

    ... Yvonne Liu yvonne.liu@scmp.com Official figures reveal declines in 68 of 70 big mainland cities last month, against 64 in July Xiamen only city to see increase in house prices Xiamen is the only mainland city which recorded growth in new private housing prices among the 70 major mainland cities in August, government figures showed. Some 68 of the 70 cities monitored ...

    http://www.scmp.com/property/hong-kong-china/article/1595357/xiamen-only-city-mainland-china-report-growth-housing
  5. Property - Hong Kong & China

    Home price declines ease in major cities but smaller cities suffer

    Posted Sep 01st 2014, 11:22am by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com Beijing and Shanghai among the key locations where the cost of buying is dipping but survey shows smaller cities are falling at a faster pace Home price decline eases in major cities The mainland's property downturn deepened last month in small cities while the suffering seemed to ease in bigger cities after they relaxed home-buying ...

    http://www.scmp.com/business/economy/article/1582819/slump-china-home-prices-continues
  6. Property - Hong Kong & China - PLANNING

    Capital economic region finally starts making progress

    Posted Sep 23rd 2014, 10:56am by Andrew Ness

    ... Andrew Ness The concept of a capital economic region, with Beijing and Tianjin at its core surrounded by 11 cities in Hebei province in a massive hub and spoke formation, was first announced in 2004. However, from the outset, the allocation of capital and intellectual resources has been heavily skewed in favour of the two super-core cities. This imbalance has led to their much ...

    http://www.scmp.com/property/hong-kong-china/article/1597499/capital-economic-region-finally-starts-making-progress
  7. Business - China Business - PROPERTY

    Nanjing scraps home purchase curbs

    Posted Sep 22nd 2014, 12:03pm by Peggy Sito, Eric Ng, Yvonne Liu

    ... Peggy Sito, Eric Ng and Yvonne Liu Mainland city is the latest of many to roll back cooling measures, and plans to help first-time buyers get on housing ladder with loan support Nanjing scraps real estate curbs in bid to boost market Nanjing has become the latest mainland city to remove property curbs in a move to boost the struggling market, but the rights issue offering ...

    http://www.scmp.com/business/china-business/article/1597881/nanjing-scraps-home-purchase-curbs
  8. Business - Companies - PROPERTY

    Fantasia’s August sales up 119pc as Chinese cities ease curbs

    Posted Sep 04th 2014, 12:53pm by Sandy Li

    ... Sandy Li sandy.li@scmp.com Fantasia Holdings said it pulled in 1.04 billion yuan (HK$1.31 billion) in property sales last month, up 119 per cent from July as more Chinese cities have relaxed restrictions on home purchases since May. In a filing with the Hong Kong stock exchange on Thursday, it said the average selling price was 6,854 yuan per square metre, about 8 per cent ...

    http://www.scmp.com/business/companies/article/1585020/fantasias-august-sales-119pc-chinese-cities-ease-curbs
  9. Business - Banking & Finance - FUNDRAISING

    Agile Property follows Country Garden’s lead with HK$2.8b rights issue

    Posted Sep 22nd 2014, 09:59am by Eric Ng

    ... worrying about Chinese property developers’ soaring debts and slowing sales. Sixty-eight of the 70 cities monitored by the National Bureau of Statistics recorded falls in property prices last month, the highest number since research started in January 2011. In July, 64 cities saw price falls. ...

    http://www.scmp.com/business/banking-finance/article/1597847/agile-property-follows-country-gardens-lead-hk28b-rights
  10. Property - Hong Kong & China - STRATEGY

    Country Garden’s new finance chief aims to halve developer’s funding cost

    Posted Sep 23rd 2014, 11:24am by Langi Chiang

    ... The company also owns “quite some amount of” street shops in mega residential projects scattered across 95 Chinese cities and some schools. “We need to activate these assets, using the power of capital,” Wu said. In C-Suite, Wu shares Country Garden’s love for China’s small cities. ...

    http://www.scmp.com/property/hong-kong-china/article/1597497/country-gardens-new-finance-chief-aims-halve-developers

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