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The Asia Real Estate Report
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The Asia Real Estate Report
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Guidelines just released by the Chinese government, limiting real estate speculation there, may affect your planned investment in Chinese properties. The Asia Real Estate Report's contacts with insiders have given us this advanced look at what may be coming shortly.
Background: The Chinese government has been taking measures to slow down the rise in residential real estate prices for about two years. Unfortunately, to-date, there have been no tangible results. Several days ago, six Chinese ministries issued a joint document that proposes changes to existing regulations. This document was sent first to Chinese law firms, and is expected to be officially released to the investment community next week.
Changes involved, such as: Requiring real estate buyers to register and to use their real names while purchasing properties, are basic to many countries, but did not exist in China.
Others, however, may limit the ability of foreign individuals and firms to purchase real estate with the goal of profiting from expected price appreciation.
IRETO Sponsored Asia Conferences:
Asia Property Investment Conference in Shanghai on November 10-12, 2006
Held as part of CIHAF, China's largest real estate expo with more than 50,000 attendees; Asia Property Investment Conference is a private executive level conference for international market leaders, China's top owners and developers and government officials.
Real Estate Investment Asia, held in Hong Kong by IQPC, November 15-16, 2006.
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