• Thu
  • Jul 31, 2014
  • Updated: 3:13am

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.

China puts property tax on hold

The expansion of the pilot property tax programme on the mainland has been deferred, the official China Securities Journal reported yesterday.

Saturday, 2 February, 2013, 5:15am 1 comment

Low property taxes fail to curb rise in home prices in Shanghai, Chongqing

Municipal governments of Shanghai and Chongqing imposed the taxes early in 2011 to cool the market, but in Shanghai prices rose by over 7 per cent last year and in Chongqing prices recovered from a lull in 2011 to surge by 6 to 8 per cent in the second half of last year.

30 Jan 2013 - 4:07am

Shanxi investigates disciplinary official for double hukou

Zhang Yan, an official with Yuncheng city’s Commission for Discipline Inspection, was found to have illegally registered more than one household registration permits.

29 Jan 2013 - 2:10pm

Ex-bank official buys properties worth 1b yuan using fake ID

The state banking watchdog is launching an investigation into a former Shanxi bank official after she was accused of using a double residence loophole to buy properties worth millions of yuan, the Beijing Times reported on Saturday.

5 Feb 2013 - 8:43pm 2 comments

Investors give China Vanke's share plan thumbs up

Shares of China Vanke rose their 10 per cent daily limit yesterday after the country's largest developer by market value announced plans to move trading of its foreign-currency shares to Hong Kong from Shenzhen.

22 Jan 2013 - 2:37am

Shanghai developers cut sweeteners as sales rise

Shanghai developers are cutting incentives and discounts after a strong rebound in sales in the primary and secondary market.

16 Jan 2013 - 6:06am

Developers rally on talk of delay in expanding property tax

Mainland property stocks have been buoyed by a senior tax official's comment published yesterday that the nation is likely to postpone the expansion of its trial property tax to more cities.

15 Jan 2013 - 4:15am

Ban not stopping mainlanders from buying more homes

Have a chat with someone on the mainland and eventually the topic will turn to property.

15 Jan 2013 - 4:15am

Both good and bad news in China's property rebound

Last week China Vanke, the country's biggest residential property developer, announced that home sales last month leapt an impressive 140 per cent compared with December 2011.

14 Jan 2013 - 3:01am

Mainland property prices rise again

New-home prices on the mainland have increased for a seventh month as buyers concerned that prices would surge again boosted sales, SouFun said.

5 Jan 2013 - 7:16am