Property Market Cools, Halting Interest Rate Hike and Attracting Buyers to Belvedere Gardens
The decision to raise interest rates has been delayed due to a cooling property market, which has enticed individuals looking to purchase property to invest a hefty NT$7.08 million in a beautiful three-bedroom apartment in Belvedere Gardens, Tsuen Wan. With its stunning mountain views, this property is intended for personal use by the buyers. Yu […]
Hangzhou Joins the List: Festival Walk Reduces Scope of Residential Purchase Restrictions
Festival Walk Eases Residential Purchase Restrictions Hangzhou Sees Reduction in Scope of Restrictions Hangzhou, a provincial capital, has followed in the footsteps of Wuhan, Hefei, Nanjing, and other cities by loosening housing purchase restrictions. The city has recently reduced the scope of these restrictions to four districts, including Shangcheng, while five districts, including Xiaoshan, will […]
The Era of Home Buying Restrictions in China Comes to an End: Major Turning Point in Property Market Policy
Economic Observer: China’s Property Market Policy Undergoes Major Turning Point September 20, Beijing – More than 10 cities in China have recently abolished home buying restrictions, marking a significant shift in the country’s property market policy. Observers believe that this change signifies a new era for the real estate market. China News Service reports that […]
Loosening of Property Market Restrictions Met with Disapproval from Netizens
Chief Executive of Hong Kong Monetary Authority Announces Loosening of Property Market Restrictions The Hong Kong government’s Chief Executive of the Monetary Authority, Mr. Yue Wai-man, recently announced a series of measures aimed at stimulating the property market. These measures, which include lower mortgage ratios, were unveiled at a press conference held by Yu Weiwen, […]
After the heat was withdrawn｜The property market was still under control and banks collectively refused to accept mortgage loans.
mortgage After the property market was completely “removed”, there was a surge in first- and second-hand transactions, and there were many cases of large-scale purchases of multiple units. However, when the market was still doubtful whether the speculation in the property market would return, banks took the lead in curbing the speculation. Yesterday, it was […]
