Category: PROPERTY

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 ...)

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’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 ...)

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 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 ...)

BEIJING Hangzhou, in China's prosperous Zhejiang province near Shanghai, said on Thursday it would stop non-residents buying a second home there, as large cities step up their fight against property speculators. From March 3, residents of Hangzhou will not ... ( read original story ...)

Chinese private equity group Shanghai United Real Estate Investment has signed a "strategic agreement" with Sydney developer Crown Group to build apartments. The deal was signed in Shanghai this week, and any future joint development deals will be ... ( read original story ...)