Here is a list of the day’s latest China real estate news collected from around the web:
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China Think Tank Endorses Property Tax
A Chinese think tank suggested Wednesday that China levy property tax on urban homes of more than 40 square meters per person, as more cities are considering piloting property tax programs on the heels of Shanghai and Chongqing.
China should expand its pilot property tax reforms to more cities and levy differentiated property tax on homes, the Chinese Academy of Social Sciences (CASS) said in a report issued Wednesday.
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China Real estate investor sentiment positive
Real estate investor sentiment in the Asia-Pacific property sector remains relatively positive, despite continuing global economic uncertainty, according to Emerging Trends in Real Estate? Asia Pacific 2013, a real estate forecast jointly published by the Urban Land Institute and PricewaterhouseCoopers.
However, while steady economic growth, rising incomes and stable or increasing property values are contributing to an overall sense of optimism, the outlook is tempered by concerns among investors that prime assets in key real estate markets in the Asia-Pacific region are becoming overpriced.
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Bain Capital, Goldman Sachs Sell Down China Investments
Two private-equity investors have taken advantage of a share price rally in  Chinese real estate and automaker shares to sell down their stakes.
Goldman Sachs GSÂ +1.20% Capital Partners sold 600 million shares of Geely Automobile Holdings Ltd. 0175.HKÂ -1.12% to raise around $263 million on Wednesday.
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Hong Kong Beats Out Manhattan World’s Priciest Retail Market
It’s officially called a SAR, which is a special administrative region of the People’s Republic of China. But Hong Kong itself marches to its own drummer, especially in the world of high-priced real estate. Today, the region’s Causeway Bay area is considered the most expensive retail street in the world.
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