Here is a list of the day’s latest China real estate news collected from around the web:
- Shanghai Government Says Real-Estate Policy Remains Unchanged
Shanghai’s government reiterated that its property policy hasn’t changed in a statement yesterday in response to a report by the Shanghai Securities News that the city had eased some restrictions on property purchases.
- Shanghai ‘clarifies’ policy on second-home purchases
People who have held Shanghai resident cards for more than three years are eligible to buy a second home despite their non-permanent residence status, a municipal housing official confirmed to local media for the first time, triggering market rumors that housing regulations would be eased in the city.
- Portman Taps Hong Kong Investors to Fund Asia-Pacific Projects
Portman Holdings Ltd., an Atlanta- based developer expanding in the Asia-Pacific region, plans to use its recently set up Hong Kong operation to tap international investors to fund property projects.
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