China's bubble busters, jawboning to cool market

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China's bubble busters, jawboning to cool market May 14, 2010 NSTP AS part of its bubble busting job to further rein in runaway prices, China has tightened rules on advance sales of new property developments. Now, developers cannot receive downpayments for unfinished properties without first getting government approval. And once they get the go-ahead to pre-sell, they must publish ... More Latest News: Rehda lobbies for RM10b annual green allocation (May 23, 2012) Housing ministry to build more garbage transfer stations (May 23, 2012) Australian property favoured by Asian investors (May 22, 2012) Impiana to sign share sale deal with Heritage Lane (May 22, 2012) Jaya33 Cybercentre targets corporate ICT players (May 22, 2012) Related Categories: News sourced from NSTP Tags: N/A Bookmark:

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