• Tue
  • Sep 23, 2014
  • Updated: 8:43am

China Property

China’s property market has surged in recent years. After prices jumped 25 per cent in 2009 alone, the central government imposed austerity measures, including lending curbs, higher mortgage rates and restrictions on the number of homes each family can buy.

Cheung Kong aims for record HK$40b homes sales this year

Bucking the trend of its major rivals which are scaling back their sales targets, Cheung Kong said it would be making more than 5,200 Hong Kong flats and 2,500 mainland units available for sale this year, also a record high.

Thursday, 7 March, 2013, 6:12am

How a new tax breaks up marriages on the mainland

Mainland couples are flocking to divorce to avoid a new property sales tax imposed by the government, after it left open a loophole for those who end their marriages.

7 Mar 2013 - 6:12am

Chinese couples divorce to avoid property tax

China’s central government last Friday issued rules to rein in house prices, including a nationwide capital gains tax of 20 per cent on profits owners make from selling residential property.

7 Mar 2013 - 1:06am

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

Developers may benefit from the reintroduction of a 20 per cent capital gains tax, as homebuyers are expected to respond to the move by shifting from the resale market to the new-homes market, say analysts.

6 Mar 2013 - 4:40am

20% capital gains tax on mainland properties sparks stampede

Real estate exchange centres in Beijing, Shanghai, Nanjing, and Wuhan were packed with property sellers and agents over the weekend, forcing some of them to extend their opening hours until 9 pm, from 5pm on normal days.

6 Mar 2013 - 4:40am

Beijing office rent market slowing down

Beijing's market for premium office space, which has seen an acceleration in prices and rents over the past three years, is slowing down, but sustained demand and limited supply is expected to raise the overall rental level in the city over the next couple of years.

6 Mar 2013 - 4:40am

News of home sale tax prompts rise in weekend transactions

New measures announced last week to cool China’s residential property market triggered a surge in transactions in major cities over the weekend.

5 Mar 2013 - 6:10pm

Investors dump developers on renewed curbs in China

Renewed tightening measures by the central government to curb the real estate sector hit both mainland and Hong Kong markets yesterday as investors rushed to clear their positions on fears that the new policies could choke off sales.

5 Mar 2013 - 5:10am

Beijing creates a generation of housing slaves

Mainland media have dubbed a generation of middle class "fang nu", or housing slaves, a reference to the lifetime of work they needed to pay off their debts. They are taking on mortgages even as Beijing maintains property curbs to damp prices that have almost tripled since the mainland embarked in 1998 on a drive to increase private home ownership.

27 Feb 2013 - 5:04am

Mainland property cooling measures possible if home prices rise

Data from the China Index Academy shows that the average price of a new home in 100 major cities recorded an eighth successive month-on-month rise in January, to 9,812 yuan (HK$12,190) per square metre, up 0.03 per cent from December.

18 Feb 2013 - 2:25pm