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China Places Restrictions To Cool Overheated Property Market

Category: Real estate, Posted:20 Dec 2009 | 10:58 am

One of the regions fastest growing property market's China has announced though its Land Ministry that measures will be taken to slow down the overheated property market which has currently risen sharply on market speculation. It's been reported that residential projects in smaller cities will be restricted to 7 hectares, medium size cities at 14 hectares and bigger cities to 20 hectares.
In the past there were no implications or limitations on the size of land and the corresponding development. Regional property continues to rise back of Hong Kong, China and Singapore leading the way. Bangkok fueled mainly through domestic demand has seen recovery in the 3rd quarter and expectations for further increases in the 4th quarter of the year.

Other News

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Sandbox Vaccine. Young Turks. Hotel PR Tips

Category: Tourism, Posted:10 May 2021 | 06:00 am Hey Monday. Late last week word was that the Phuket Sandbox remains on course, despite the current outbreak. Time will of course tell, as island hotels are reeling in what is nearly a travel lockdown to Phuket. With hotel occupancies in single digits and restaurants unable to serve alcohol, business levels are hitting pandemic lows. […]
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Who’s Caesar And Phuket’s Fastest Growing Hotel Group

Category: Tourism, Posted:04 May 2021 | 06:00 am Welcome to the latest Thai Road Trip episodes from C9 Hotelworks and Delivering Asia Communications. Listen to the Executive Director of Jee Teng Hospitality talk shop and what’s next. We also get out the kitchen and into the dining room handcrafted tableside food service. Check these two now – Inside Story. A Phuket Hotel Group […]
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Sandstorm In the Sandbox

Category: Tourism, Posted:03 May 2021 | 09:39 am All eyes this week locally are on the fate of the Phuket Sandbox which remains a work in progress. The second round of local vaccinations were planned to start this week but given Thailand’s third wave it’s unclear whether the process can move on the expected timeline due to vaccinations being deployed elsewhere in needed […]