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New mortgage rules slam door on cooling housing market

Existing home sales dropped 1.3% in June from the month before and were down 4.4% from the year before, suggesting that Canada’s housing market was already cooling before Ottawa tightened mortgage rules.

Foreigners not allowed to own HDB flats, ECs or private landed property

Minister for Trade and Industry Mr Lim Hng Kiang said Monday that foreigners are not allowed to own HDB apartments and Executive Condominiums in Singapore.

Abu Dhabi changes property rules

Eva Fernandes Kipp Report 10.12.2010

Singapore’s new regulatory body ramps up

OJFall Property Report 09.12.2010
Abu Dhabi changes property rules

A new expat property ownership law in the capital says expats can own property… but only in investment zones. Kipp takes a closer look.

Singapore’s new regulatory body ramps up

The new statutory board launched to regulate Singapore’s real estate industry has already received 150 complaints National Development Minister, Mah Bow Tan, has revealed. However, he is not surprised by the number, according to ChannelNewsAsia.

New Rules Hit Hong Kong Property

JOANNE CHIU And ALICE TRUONG The Wall Street Journal 23.11.2010
Cantt board survey reveals blatant violation of property use norms

Restaurants not maintaining hygiene standards, showrooms run from basements reserved for parking and use of residential property to run grocery shops are some of the violations pertaining to property use that a survey by Pune Cantonment Board officials has exposed.

New Rules Hit Hong Kong Property

HONG KONG—Tougher-than-anticipated new measures to curb Hong Kong's soaring real-estate prices began rippling through the market Monday, driving down shares of property developers and prompting forecasts of declining home sales.

New rules favor flipping to move foreclosures

East Valley Tribune 01.03.2010
10 questions about new property rules

Ms Tan wanted to buy a resale three-room flat for her twilight years, but the new property regulations have put a spanner in the works.

New rules favor flipping to move foreclosures

Flipping used to be a dirty word in residential real estate, but not anymore. A recent policy change by the U.S. Department of Housing and Urban Development is encouraging flipping to foster more sales of foreclosure homes that were badly damaged by the previous owners or others.

New rules to curb property speculation

Joyce Teo The Straits Times 22.02.2010
New rules to curb property speculation

TOUGHER rules on bank loans and measures to rein in speculators take effect today, as the Government steps up moves to cool the sizzling property market.

Change in property rules 'inevitable'

Property investors will find it hard to argue they should continue to claim depreciation of buildings that were increasing in value while not paying tax on that increase, Tax Working Group member John Shewan says.


 




 
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