Urban Economics

Incentives urged to boost retirement projects

Beijing should spur the development of retirement housing for the mainland's growing population of senior citizens by offering incentives to private developers and investors, an analyst says.

Wednesday, 20 June, 2012, 12:00am

Risky business

Investors looking for property in the United States are asking themselves: Is this the time to buy and get ourselves a bargain? Or is the housing market, as the US Federal Reserve predicted back in December, going to get even softer this year?

5 May 2011 - 12:00am

Mortgage slaves' plight more fact than fiction

Until it was mysteriously pulled from the airwaves recently, the latest hit TV show on the mainland was Woju. Set in the imaginary city of Jiangzhou, clearly based on Shanghai, it follows white-collar workers as they struggle to buy apartments.

2 Dec 2009 - 12:00am

Rising rents to spur home-buying

Closing gap between leasing and mortgage costs seen driving residential purchases

Rising residential rents and falling home loan rates have closed the gap between the cost of renting and buying Hong Kong flats, and are expected to trigger a wave of fresh buying interest among renters, according to analysts.

13 Feb 2008 - 12:00am

Strong demand sets market pace

In the past few years, the world has been watching Beijing introduce a myriad of policies to curb speculation in the booming property market. This has mainly been to stop foreign investment and rein in the luxury market.

16 Nov 2007 - 12:00am

New curbs hit Beijing's luxury sector

Developers in the capital are beginning to feel the impact of the latest government measures aimed at restricting purchases by foreigners

Housing developers in central Beijing have started feeling the impact of the latest measures taken by the central government to cool property prices, but builders of homes in the inferior districts are hardly complaining.

16 Aug 2006 - 12:00am

Beijing might as well tell night to be day with moves to cool property

'State Council draws up plans to control soaring property prices'

SCMP headline

May 18

PREMIER WEN JIABAO has professed himself unhappy with overheating in the mainland property market and the mandarins promptly busied themselves drawing up six measures to address the problem. Here they are:

19 May 2006 - 12:00am

Housing market heats up

Property consultants expect Beijing's residential market to remain active and believe demand will increase despite the huge supply.

The Beijing Olympic Games and China's pending accession to the World Trade Organisation (WTO) is expected to stimulate the housing market. Realtors predict rising land costs and some price appreciation in the housing sector.

5 Sep 2001 - 12:00am

Property power

Few sectors of industry receive less sympathy from the public than property developers. Developers were able to make fortunes during the years when Hong Kong was expanding, and became such a force in the economy that, if they were not actually able to dictate official policy, they certainly succeeded in influencing it significantly over the years.

8 Oct 1999 - 12:00am

Mainland seeks higher spending on private homes

China aims to increase the percentage of spending on housing to 15 per cent of total household outlay by 2005, according to Minister of Construction Yu Zhengsheng.

Housing expenditure is now estimated at 10 per cent of family spending.

16 Jun 1999 - 12:00am

Need for a serious approach to housing

News that consents for the pre-sale of uncompleted flats fell to near-record lows last year comes as no surprise. It is, in part, an inevitable consequence of the building slump of the previous two years. With fewer new buildings nearing completion, there will be fewer flats for pre-sale.

19 Jan 1997 - 12:00am

Developers move to pre-empt Government property action

Developers have sought to fend off imminent government intervention by initiating self-regulatory measures to curb speculation.

The Real Estate Developers Association, comprising most of the territory's biggest developers, yesterday proposed banning the change of directorships of shell companies before the signing of formal sale and purchase agreements.

11 Jan 1997 - 12:00am

Cheaper homes a priority

THE Beijing municipal government is placing hopes for a revival in the housing industry on development of the low-end to middlerange markets.

The housing industry has witnessed a year-long slowdown due to a drop in sales volume of office and luxury apartments.

17 May 1995 - 12:00am

Barriers for flat buyers a bad idea, says report

THE Government's bid to dampen residential demand by imposing barriers to buyers will not cool down the housing market and reduce prices in the long term, according to Salomon Brothers.

In its latest research paper, the brokerage says the effects of any measures aimed at depressing demand will be short-lived and will delay, rather than solve, the inherent problems.

8 Jun 1994 - 12:00am

Edict from mainland: 'Build for the masses'

MAINLAND authorities are forcing developers to scrap plans for high profit luxury homes and build low-cost apartments in their place, it has been revealed.

Foreign investors are being affected as Beijing makes a determined push to supply more affordable houses for China's 1.2 billion population.

29 Sep 1993 - 12:00am