Barry Wilson Project Initiatives
  • HOME
    • dispute resolution
    • concierge services
  • development
    • FUTUREPROOF CITY
    • BARRY SAYS
    • BARRY SHARES
    • HAPPENINGS
    • CAPABILITY
    • PROJECTS >
      • planning
      • environmental
      • public sector
      • corporate
      • residential
  • PUBLICATION
  • ABOUT US
    • CONTACT US
    • JOIN US
  • 中文

Official Denies New House Price Policy

15/3/2013

0 Comments

 
Picture
Official Denies New House Price Policy























back
Shenzhen has not taken any new measures to curb house prices, city officials said yesterday in response to media reports that raised concerns across the country about potential market impacts.


Chinese-language media reported Tuesday (March 12) that Shenzhen’s urban planning, land and resources commission had issued a new rule ordering the average transaction prices of new houses to be no more than the average sale price of the previous month. Some transactions with high sale prices were said to have been rejected by the commission.

The spokesperson said Shenzhen has been following the national policy that requires increases in market prices of newly built houses to not exceed the growth target of yearly GDP.

To curb further price hikes in the house market, the government has tightened approvals for market entries of new houses since last September. The action permits high-priced houses to enter the market only along with moderately priced houses so price hikes will be kept at bay.


Related Article

0 Comments



Leave a Reply.




































    Picture

Services

development advice and audit
alternative dispute resolution
property + education concierge

Support

Contact Us
China +86 189 2341 3013
Hong Kong +852 94350575
UK +44 07440085359


© COPYRIGHT 2015. ALL RIGHTS RESERVED.
  • HOME
    • dispute resolution
    • concierge services
  • development
    • FUTUREPROOF CITY
    • BARRY SAYS
    • BARRY SHARES
    • HAPPENINGS
    • CAPABILITY
    • PROJECTS >
      • planning
      • environmental
      • public sector
      • corporate
      • residential
  • PUBLICATION
  • ABOUT US
    • CONTACT US
    • JOIN US
  • 中文