{"id":168634,"date":"2025-12-31T16:30:12","date_gmt":"2025-12-31T09:30:12","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-housing-market-gets-vat-relief-on-resales-but-demand-outlook-stays-subdued\/"},"modified":"2025-12-31T16:33:27","modified_gmt":"2025-12-31T09:33:27","slug":"china-housing-market-gets-vat-relief-on-resales-but-demand-outlook-stays-subdued","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-housing-market-gets-vat-relief-on-resales-but-demand-outlook-stays-subdued\/","title":{"rendered":"China housing market gets VAT relief on resales but demand outlook stays subdued"},"content":{"rendered":"<p>&#013;<br \/>\nChina will lower value-added tax (VAT) on individual home resales from January 1, but while the measure has drawn interest from consumers, property agents have said most remain cautious and are adopting a wait-and-see approach.<br \/>\nThe policy would work to a certain extent, but its ability to revive the housing market was likely to be limited, they added.<br \/>\nIndividuals selling residential properties within two years of purchase would now be subject to a VAT rate of 3 per cent, down from 5 per cent,&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/banking-finance\/article\/3338284\/china-housing-market-gets-vat-relief-resales-demand-outlook-stays-subdued?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">China housing market gets VAT relief on resales but demand outlook stays subdued<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; China will lower value-added tax (VAT) on individual home resales from January 1, but while&#46;&#46;&#46;<\/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-168634","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-HRU","jetpack-related-posts":[{"id":41798,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/us-home-sales-drop-as-supply-slides-to-17-year-low\/","url_meta":{"origin":168634,"position":0},"title":"US home sales drop as supply slides to 17-year low","date":"January 25, 2017","format":false,"excerpt":"\r US home resales fell more than expected in December as the supply of houses on the market dropped to levels last seen in 1999, but the housing market recovery remained intact against the backdrop of a tightening labour market. The National Association of Realtors said on Tuesday existing home\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":128670,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/housing-market-most-homeowners-profit-on-sales-despite-downturn\/","url_meta":{"origin":168634,"position":1},"title":"Housing market: Most homeowners profit on sales, despite downturn","date":"August 16, 2022","format":false,"excerpt":"\r From RNZ Most homeowners are continuing to make healthy profits when they sell their houses, despite the market for resales showing further signs of weakness.CoreLogic's pain and gain survey indicates 98.1 per cent of properties...\r \r Source : nzherald.co.nz\/Property\r Read more...Housing market: Most homeowners profit on sales, despite downturn","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":133455,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-hi-tech-manufacturing-hub-dongguan-lifts-property-buying-restrictions-to-stimulate-demand\/","url_meta":{"origin":168634,"position":2},"title":"China\u2019s hi-tech manufacturing hub Dongguan lifts property-buying restrictions to stimulate demand","date":"December 27, 2022","format":false,"excerpt":"\r Dongguan lifts home-buying curbs in the city\u2019s last five remaining neighbourhoods, but maintains restrictions on resales for two years to dampen speculation.\r \r Source : South China Morning Post\r Read more...China\u2019s hi-tech manufacturing hub Dongguan lifts property-buying restrictions to stimulate demand","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":45154,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/existing-us-home-sales-soar-to-10-year-peak-in-a-sign-of-economic-strength\/","url_meta":{"origin":168634,"position":3},"title":"Existing US home sales soar to 10 year peak in a sign of economic strength","date":"February 22, 2017","format":false,"excerpt":"\r US home resales surged to a 10-year high in January as buyers shrugged of higher prices and mortgage rates, a sign of growing confidence in the economy. The National Association of Realtors said on Wednesday existing home sales jumped 3.3 per cent to a seasonally adjusted annual rate of\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":149884,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/february-home-resales-jump-much-more-than-expected-despite-higher-mortgage-rates\/","url_meta":{"origin":168634,"position":4},"title":"February home resales jump much more than expected, despite higher mortgage rates","date":"March 20, 2025","format":false,"excerpt":"\r The median price of a home sold in February was $398,400, up 3.8% from the same time last year.\r \r Source : cnbc.com\r Read more...February home resales jump much more than expected, despite higher mortgage rates","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112474,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/condominium-resales-fall-8-5-in-q3-2019\/","url_meta":{"origin":168634,"position":5},"title":"Condominium resales fall 8.5% in Q3 2019","date":"November 19, 2019","format":false,"excerpt":"\r The Rest of Central Region (RCR) recorded the biggest resale drop of 10.7%. Island-wide condominium resale volumes in Q3 2019 dropped 8.5% quarter-on-quarter (QoQ) to 1,855 units, compared to 22% QoQ in Q2 2019, reported Singapore Business Review citing Edmund Tie. Ong Choon Fah, Edmund Tie CEO, believes the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/168634"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=168634"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/168634\/revisions"}],"predecessor-version":[{"id":168635,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/168634\/revisions\/168635"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=168634"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=168634"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=168634"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}