27 Jan '11, 10pm

Chongqing, Shanghai unveil property tax as China curbs bubble: BEIJING - The Chinese cities of Chongqing and Sha...

BEIJING - The Chinese cities of Chongqing and Shanghai yesterday announced the launch of a long-awaited property tax, a day after additional nationwide tightening measures unveiled late on Wednesday by the State Council, China's Cabinet. Chongqing is the world's biggest city with a population of some 32 million. Its mayor, Mr Huang Qifan, announced the pilot scheme yesterday, Chinese news portal Sina.com reported. The trials will start today, with taxes ranging from 0.5 per cent to 1.2 per cent on "high-end" property, based on the transaction value. Shanghai will, beginning today, levy a 0.6-per-cent real estate tax on new homes bought by non-residents and second homes bought by local residents, Sina.com reported. The moves come as state media reported that the State Council had approved property tax collection trials in various cities to help curb surging prices and preve...

Full article: http://www.todayonline.com/Business/EDC110128-0000240/Cho...

Tweets

China plans nationwide resource tax: report: BE...

channelnewsasia.com 26 Jan '11, 5am

BEIJING: China will roll out a resources tax across the country over the next five years as Beijing tries to boost local g...

Chinese property 'bubble' fuels hard landing fears

Chinese property 'bubble' fuels hard landing fears

channelnewsasia.com 31 Jan '11, 1am

DAVOS, Switzerland : The world business elite raised concerns over China's property prices at its annual get-together in D...

China orders new steps to tame property prices:...

channelnewsasia.com 26 Jan '11, 1pm

BEIJING - China on Wednesday raised the minimum down payment for second homes and ordered authorities to rein in property ...

China to cool property market

China to cool property market

channelnewsasia.com 23 Jan '11, 5am

BEIJING: China is to expand its limits on property purchases to second and third-tier cities, a report said Sunday, as it ...

Dilemma for genuine home buyers: The URA's prop...

todayonline.com 27 Jan '11, 11pm

The Government's latest round of measures to cool the residential property market was clearly targeted at short-term inves...

DTN China: China says web 'open' despite Egypt ...

sg.news.yahoo.com 01 Feb '11, 11am

BEIJING (AFP) - – China said Tuesday that its Internet remained "open" despite the apparent muffling of discussion on the ...

New regulations unlikely to affect property mar...

todayonline.com 30 Jan '11, 10pm

SINGAPORE - The Monetary Authority of Singapore's (MAS) proposed new regulations to tighten mortgage equity withdrawal loa...

China PM Wen Jiabao has urged citizens to voice...

straitstimes.com 26 Jan '11, 4am

BEIJING - STATE media is reporting that China's premier has urged citizens to voice their criticisms of the government and...

Property investment sales market up in Q4 last ...

channelnewsasia.com 24 Jan '11, 1pm

SINGAPORE : Property consultant Colliers International said Singapore's property investment sales market strengthened furt...

China could be another Japan: In China, the spe...

todayonline.com 06 Feb '11, 10pm

SINGAPORE - As property prices in China continue to rise - frustrating government efforts to rein them in - some analysts ...

Property curbs push down share prices of develo...

channelnewsasia.com 14 Jan '11, 2pm

SINGAPORE: Share prices of major developers like CapitaLand and City Developments took a beating on Friday, a day after th...

#singapore news: China swap store boosts green cause: SHANGHAI : Spring cleaning for Lunar New Year usually invo...

#singapore news: China swap store boosts green ...

channelnewsasia.com 26 Jan '11, 10am

SHANGHAI : Spring cleaning for Lunar New Year usually involves throwing out lots of things we no longer use. But here's a ...