... set to support awareness of surging interest in Dubai’s property market by exhibiting at this week’s Dubai Property Show in Shanghai SHANGHAI--(BUSINESS WIRE)-- Leading developer The First Group is showcasing the unrivalled opportunities in Dubai ... ( read original story ...)
China stocks slip on worries about fresh property curbs
SHANGHAI, March 20 (Reuters) - China stocks dipped on Monday as fears of fresh property cooling measures and broader monetary policy tightening hit shares of developers. The Beijing municipal government announced new steps to rein in its booming housing ... ( read original story ...)
China stocks wobble on worries about fresh property curbs
SHANGHAI, March 20 (Reuters) - China stocks struggled for traction on Monday as fears of fresh property cooling measures and broader monetary policy tightening hit shares of developers. The Beijing municipal government announced new steps to rein in its ... ( read original story ...)
China stocks end up as energy offsets fresh property curbs
SHANGHAI, March 20 (Reuters) - China stocks recouped earlier losses to end slightly higher on Monday, as strong gains in energy stocks offset weakness in developers following fresh measures to cool the property market. The blue-chip CSI300 index rose 0.1 ... ( read original story ...)
Shanghai Housing Bubble No Match For New York's
Shanghai’s average salary per month is 7,108 yuan ($1,135) or 85,300 yuan a year. That puts local property in Shanghai at about 9 times median salaries in the city. Not bad. Let’s compare that to New York, where the median income is around $52,000 a ... ( read original story ...)
Lower property prices? Some Chinese pin their hopes on a property tax
The Chinese government experimented with introducing a property tax in the cities of Shanghai and Chongqing in 2011. But the tax rate is less than 1 per cent and the regulations were carefully written to affect only the very wealthiest with the most ... ( read original story ...)
China’s second-tier cities next in line for property boom, says Shanghai developer CIFI
China’s housing boom is shifting from its biggest cities such as Beijing and Shanghai to provincial capitals, said Shanghai property developer CIFI holdings after the company posted a 28 per cent growth in 2016 full year net core profit. First-tier ... ( read original story ...)