Fitch Ratings, an international credit rating agency dual-headquartered in New York and London, expects Hong Kong's luxury properties to see a meaningful recovery in 2010, after overseas investors have had some time to recapitalize their balance sheets affected by the global economic downturn, sources...
BEIJING, Jan 13 - China will announce more steps this year to help its ailing real estate market, including cash support for developers who build small-unit apartments, the housing minister said in remarks published on...
Nov. 24, 2008 (China Knowledge) - The contract tax will be halved for homebuyers in Beijing if the price is below a certain level from today, As part of the municipality's effort to encourage spending...
HONG KONG/SINGAPORE, Sept 25 - Property prices and rents in Asia's financial centres of Hong Kong, Singapore and Tokyo are set to fall as banks scale back hiring and investments in the global financial turmoil....
BEIJING, Oct 24 - The slide in China's property market will not end any time soon despite new policies to encourage home purchases, and Beijing may have to come up with more support, industry experts...
BEIJING, Oct 9 - Fresh from easing monetary policy for the second time in under a month, China is gearing up to loosen its grip on the property market as it strives to safeguard growth...
BEIJING, Dec 17 - China on Wednesday announced fresh measures to support the ailing property market, including cuts in business and transaction taxes for real estate sales and policies to make it easier for developers...
Shanghai ranks first in terms of the number of turnovers in the property rights market for 14 successive years, according to People鈥檚 Daily. The Chinese city has emerged as a center of merger and acquisitions, capital flow, reform and adjustment of state-owned assets and enterprises, technologi...
Stellar Megaunion Corp<000892>, previously a communication service provider, yesterday announced that it plans to enter the property market by issuing shares in exchange for two property subsidiaries belonging to Guilherme Holdings (Hong Kong) Ltd, sources reported.The new shares will be sold at RMB...
* Assessing property market before more steps to cool prices * Says short-term measures have dampened speculative demand * Govt agency to build 10,000-12,000 flats/yr in 5 yrs (Updates with details) SINGAPORE, Nov 23 -...