Relaxation measures are designed to speed up sales as inventories hit a record high. Photo: Bloomberg
Relaxation measures are designed to speed up sales as inventories hit a record high. Photo: Bloomberg
Property /  Hong Kong & China

Shanghai widens definition of mass market homes

Policy easing measure to boost sales will mean homebuyers pay less tax and can get cheaper loans

Langi Chiang
Langi Chiang

Updated: 5:23am, 26 Nov, 2014

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Relaxation measures are designed to speed up sales as inventories hit a record high. Photo: Bloomberg
Relaxation measures are designed to speed up sales as inventories hit a record high. Photo: Bloomberg
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