{"id":122815,"date":"2021-10-25T15:45:21","date_gmt":"2021-10-25T08:45:21","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-new-property-tax-may-prompt-owners-of-multiple-homes-to-sell-down-their-holdings-before-prices-take-a-hit-say-analysts\/"},"modified":"2021-10-25T17:03:32","modified_gmt":"2021-10-25T10:03:32","slug":"chinas-new-property-tax-may-prompt-owners-of-multiple-homes-to-sell-down-their-holdings-before-prices-take-a-hit-say-analysts","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-new-property-tax-may-prompt-owners-of-multiple-homes-to-sell-down-their-holdings-before-prices-take-a-hit-say-analysts\/","title":{"rendered":"China\u2019s new property tax may prompt owners of multiple homes to sell down their holdings before prices take a hit, say analysts"},"content":{"rendered":"


\nNews that China is to pilot a much-heralded property tax in selected cities may have a psychological impact on the market, prompting owners of multiple homes to sell down their holdings before the market takes a sizeable hit, according to analysts.With the new levy bound to undercut house prices across the nation \u2013 as it is intended to do \u2013 agents said those investors might need to offer steep discounts if they want to sell fast.\u201cHeavily geared investors will be hardest hit as it will become\u2026
\n
\nSource : South China Morning Post
\nRead more…China\u2019s new property tax may prompt owners of multiple homes to sell down their holdings before prices take a hit, say analysts<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

News that China is to pilot a much-heralded property tax in selected cities may have...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-122815","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-vWT","jetpack-related-posts":[{"id":122708,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shimaos-unit-taps-a-jittery-capital-market-in-a-surprise-plea-for-funds-sending-nervous-investors-heading-for-the-exit\/","url_meta":{"origin":122815,"position":0},"title":"Shimao\u2019s unit taps a jittery capital market in a surprise plea for funds, sending nervous investors heading for the exit","date":"October 20, 2021","format":false,"excerpt":"\r Shimao Services Holdings, the management unit of one of China\u2019s largest property developers, is tapping the capital market for funds, a plan that surprised investors who are already jittery over the financial state of China\u2019s indebted developers, causing its shares to tumble.Shimao plans to issue HK$3.11 billion of convertible\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":153701,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/owners-of-second-homes-in-wales-are-having-to-sell-up-thats-no-disaster-its-a-godsend-will-hayward\/","url_meta":{"origin":122815,"position":1},"title":"Owners of second homes in Wales are having to sell up. That\u2019s no disaster: it\u2019s a godsend | Will Hayward","date":"May 19, 2025","format":false,"excerpt":"\r Council tax hikes on holiday homes aren\u2019t \u2018anti-English\u2019 or detrimental to tourism. This is about preserving embattled communitiesJust over two years ago, Wales gave councils the powers to massively increase council tax on second homes. If you were to read recent headlines, you would think this was a disaster.\u201cFury,\u201d\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124770,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/more-property-sector-easing-expected-as-chinese-builders-struggle-to-sell-homes-analysts-say\/","url_meta":{"origin":122815,"position":2},"title":"More property sector easing expected as Chinese builders struggle to sell homes, analysts say","date":"March 1, 2022","format":false,"excerpt":"\r China\u2019s biggest property developers are struggling to sell homes despite the introduction of some relaxation measures by Beijing.The value of the combined contracted sales at the country\u2019s top 100 developers fell 47.2 per cent in February from last year to 401.6 billion yuan (US$63.6 billion), widening from a slump\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":52181,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/greentown-china-holdings-to-launch-4s-stores-for-homes\/","url_meta":{"origin":122815,"position":3},"title":"Greentown China Holdings to launch \u201c4s stores for homes\u201d","date":"April 18, 2017","format":false,"excerpt":"\r Hangzhou-based developer Greentown China Holdings plan to establish a housing services company that specialises in repair work and renovation, on the lines of the 4s stores for cars, to tap into China\u2019s fast-growing existing homes market. 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