Here is a list of the day’s latest China real estate news collected from around the web:
China’s Premier Wen Jiabao reiterated that the government will maintain curbs on the property market to bring prices down to a reasonable level and economic policies will be “fine-tuned” to support growth.Wen also repeated his call to strengthen credit support to the “real economy” and small and medium-sized companies.
China plans to launch a housing database linking 40 major cities, which analysts said Tuesday would close a loophole in ownership restrictions and lay the groundwork for a nationwide property tax.
According to Jones Lang LaSalle’s latest Asia Pacific Office Index, office markets in Asia Pacific experienced mixed fortunes in the fourth quarter of 2011. Despite a slowdown in average office rental growth and capital values, growth in some markets continued whilst others saw a slowdown in growth rates.
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