INSIDE THE GREAT WALL:ALL DISTRICTS OF JIAXING SUBJECT TO POLICY CURBS

时间:2017年04月21日 16:19:38 中财网
What is included?
  All districts of Jiaxing are now subject to policy curbs
Hainan government reinstates proper pricing practices for developers
118 units of Eight Regency sold within three hours
New construction starts attain 13-year high
Tables: 23 cities’ weekly sales; developers’ monthly sales; valuation tables;Soufun’s 100-city property price; HK property transaction volume; and CCL
China Top News
  All districts of Jiaxing are now subject to policy curbs
Haiyan County of Zhejiang Province announced that effective from 20 April,each non-hukou resident is allowed to purchase only one residential propertyin all districts of Jiaxing city. Thus, all districts of Jiaxing are subject to homepurchase restrictions (HPRs)。 On 17-20 April, counties under the administrationof Jiaxing successively joined the bloc of HPRs. (Hexun)Deutsche Bank comment: In our view, HPRs are aimed at discouraginginvestment demand, but have no additional impact on end-users. As inventoryclearance is still the central theme in low-tier cities, we expect limited impactfrom new tightening policies on overall sales performance in lower-tier cities.
  Hong Kong Top News
  118 units of Eight Regency sold within three hours
SHKP (0016.HK) sold all 118 units of Eight Regency yesterday within threehours on its first official launch, fetching HK$600mn. A buyer purchased twoflats on different floors as a family group purchase and was exempted from advalorem stamp duty (DSD)。 According to Midland (1200.HK), 40% of buyersregistered through them are young adults with a minimum age of 18, and 30%of these young adults rely on their parents for down payment subsidy. (HKEJ)
Links to our recent reports
  
  
  
  
  
□ .J.e.f.f.r.e.y. .G.a.o./.J.a.s.o.n. .C.h.i.n.g./.S.t.e.p.h.e.n. .C.h.e.u.n.g./.F.o.o. .L.e.u.n.g  .德.意.志.银.行.股.份.有.限.公.司
各版头条
pop up description layer