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Property policies

Property policies
Due to ample liquidity, property in Asian markets such as Singapore and Hong Kong has been driven relentlessly higher for years. As a result, governments have introduced property-cooling measures.  On the other hand, Chinese government started easing restrictions such as lowering the down payment for second homebuyers to improve the real estate sector. Western countries also impose different policies against foreign property buying.
Hong Kong property

Hong Kong penthouse sells for US$54m to mainland Chinese buyer

Sale of 6,701 sq ft home sets record per-square-foot price for High Peak project in Mid-Levels West.

Frenzy for Hong Kong luxury homes seen continuing after 156% sales rise

Default in our stars: China banks use satellites to track assets, cut loan risks

videocam

Beijing ramps up tax crackdown, frames consumption levies as fiscal lifelines

Authorities target retailers, shell companies and off-the-books manoeuvres to lessen tax liabilities.

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