Page 22 - Development Institution News Today

Chengdu, in the south west of China, said it will move to ensure developers receive funds from presold properties and fresh loans, in the first such move by a Chinese city to ease a liquidity... | November 24, 2021

The pilot real estate tax to be levied in select regions in the coming five years will not only help stabilize housing markets in trial cities, but also advance the nation's property taxation legislation and reform, which are beneficial to the stable and healthy development of the sector over the long run, said industry experts.

World News - SHANGHAI: The top decision-making body of the Chinese Parliament said on Saturday it will roll out a pilot real estate tax in some regions, the official Xinhua news agency reported. The State Council, or Cabinet, will determine which regions will be... Read more at www.tnp.sg

SHANGHAI -The top decision-making body of the Chinese parliament said on Saturday it will roll out a pilot real estate tax in some regions, the official Xinhua news agency reported....

China’s September new construction starts slumped for a sixth straight month, the longest spate of monthly declines since 2015, as cash-strapped developers put a pause on projects in the wake of tighter regulations on borrowing. New construction starts in September fell 13.54% from a year earlier, the third month of double-digit declines, according to Reuters ...

China's September new construction starts slumped for a sixth straight month, the longest spate of monthly declines since 2015, as cash-strapped developers put a pause on projects in the wake of tighter regulations on borrowing.

Beijing has taken aim at its high-tech, energy and property sectors in recent months, spooking investors who were used to decades of unprecedented growth. How much self-inflicted pain can China’s economy endure? The future of China’s economic miracle has been preying on investors’ minds this year in the wake of a far-reaching crackdown by Beijing ...

Harbin has become one of the first cities in China to announce measures to support property developers and their projects, which have been shaken by the deepening debt crisis at property giant China Evergrande Group .

Beijing has taken aim at its high-tech, energy and property sectors in recent months, spooking investors who were used to decades of unprecedented growth. How much self-inflicted pain can China's economy endure?

The cut in the mortgage rate in several Chinese cities, which came after a rare reference by China's central bank to property market stability, may suggest more sophisticated measures regarding housing loans are in the pipeline to safeguard the healthy development of the real estate market and protect homebuyers' lawful rights, said industry experts.