Asia property and real estate news

Property prices in China still rising as more curbs expected in 2011

Tue, 14 Dec 2010 11:50:25 +0100

Real estate prices in China increased 0.3% in November and are now 7.7% higher than a year ago, the latest figures from the National Bureau of Statistics show.

New property tax aimed at curbing speculation expected for Taiwain in New Year

Wed, 08 Dec 2010 11:41:58 +0100

Taiwan is considering a new property tax on real estate sold within a year of purchase and plans to revise land valuation rules to further quell the risk of overheating in its property market.

Property tax and higher interest rates needed to prevent asset bubble in China, IMF warns

Mon, 06 Dec 2010 12:46:00 +0100

China should raise interest rates further and impose a property tax to curb the risk of asset bubbles and a ‘disorderly fall’ in property prices, according to a study by the International Monetary Fund.

Central bank in Singapore warns the property prices are too high and set to rise again

Tue, 30 Nov 2010 10:43:07 +0100

Property prices in Singapore, generally accepted as already being too high, are set to rise again, according to the country’s central bank.

Property prices set to drop 20% next year as lending tightens

Tue, 23 Nov 2010 09:44:36 +0100

China’s property prices are likely to decline by almost 20% next year as real estate cooling measures take effect, according to a report from the Beijing based Renmin University of China.