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2005-05-13 New rules to curb surging real estate price 2@webnews ,#house#housing#estate#, 0 Housing Price /enpproperty-- New rules to curb surging real estate price Home News Center China New rules to curb surging real estate price (Agencies) Updated: 2005-05-13 10:48 China is taking a wide range of steps to curb surging real estate prices, using tax and other policies to discourage speculative dealings and ensure a supply of affordable housing, state media announced Thursday. Residents in Nanjing, capital of East China's Jiangsu Province, walk past a newly-constructed apartment building May 10, 2005. [newsphoto] The campaign, backed by seven government agencies, shows that Beijing recognizes it needs to make cooling the housing market a nationwide priority, the official Xinhua News Agency reported. Despite the government's powerful vested interest in a thriving property market, authorities worry that too much investment is going into the construction of luxury and commercial real estate and that speculative buying has pushed prices unsustainably high. Newspapers carried a notice by the State Council, China's cabinet, ordering local governments to make controlling property prices a major part of their economic policy. Average real estate prices rose by 14.4 percent year-on-year in 2004 and by 12.5 percent in the first quarter of 2005. Shanghai had the "most shocking housing prices in China," with average costs per square meter of over 10,000 yuan ($1,200), the Xinhua report said. Many urban Chinese own their homes thanks to housing reforms years ago, but cannot afford to buy new property. And low income families are generally priced out of a market that has focused on wealthy investors while neglecting construction of budget housing. The latest effort to cool the market involve the ministries of construction, finance, and land and resources, along with the State Development and Reform Commission, the State Administration of Taxation, China Banking Regulatory Commission and the People's Bank of China, China's central bank. The policy change that drew most attention in property crazy Shanghai was one requiring payment of a business tax the rate was not given on sales of property less than two years after purchase. It takes effect June 1. Local governments were ordered to clarify prices and housing sizes before granting land use rights, to limit credit for property deals and to confine real estate developers' profits to a maximum of 3 percent. Developers who fail to build within a year after buying land will be penalized, and those that fail to build within two years after buying property would lose their rights to the land, Xinhua said. The measures follow earlier, piecemeal steps by local governments. Last month Shanghai enacted a rule requiring home owners to pay off their mortgages before selling property and extending the time buyers must wait before taking ownership to 28 days, from the previous seven. In March, it imposed a tax on sales of property owned for less than a year. The measures have definitely had an impact. In April, sales of "second hand," or previously occupied apartments in Shanghai fell between 30 percent and 50 percent, depending on the district, compared with the month before, according to industry statistics published Thursday in the newspaper Oriental Morning Post. Close Today's Top News Top China News Central banker denies yuan revaluation on May 18 New rules to curb surging real estate price Hu, Soong join hands for Straits peace Beijing offers Taiwan more conveniences China and Japan seek to smooth relations Pressure on yuan revaluation won't work Beijing offers Taiwan more conveniences Angels of the ward, toast of the world Illegal explosive trade targeted Probe shows colliery workmen ignored laws New regulation in Dalian beggars belief Congestion takes its toll on bridge Go to Another Section select hot link News Center China World Business Life Sports Most Popular Photo Gallery Story Tools Related Stories Efforts to control housing prices continue House prices to maintain robust growth Housing policies pre-empt speculators Policies failing to get a grip on housing speculation China's housing prices up 14.4% last year China's housing price hike reasonable? Housing prices surge in first 10 months News Talk It is time to prepare for Beijing - 2008 Find Suppliers Trade Leads Firm Directory Product Directory China Products Gold Suppliers Hot Products Hot Buys New Products Country Search Trade Shows Advertisement



INVESTMENT PROPERTY IN ROMANIA

Romania Real Estate - Investment Property - Economic Statistics for Romania Home | Statistics | Registration | Contact us | Company Profile | Newsletter | Print this page //-- Sponsored by Addison Read Romania Geography Climate Topography Natural Resources Energy Land use & Agriculture Population Demographics Government Cabinet Members Economy Exchange Rates Communications Transport ADDISON READ ROMANIA REQUEST PROJECT PROSPECTUS Romania Property Market Land Price Guide - 2005 Bucharest residential market supply & demand Investment - Commercial property Residential property - New build Foreign ownership of land in Romania Martha Bibescu - Villas - New build project Representative projects South-East Europe drives growth in the New Europe REPORTS Addison Read Brochure pdf Romania Property report 2005 pdf REAL ESTATE MARKET Industrial Parks in Romania Bucharest office market Business Park -Bucharest Business Park - Iride GENERAL REPORTS GDP comparison - ro - hu - bg - cz Relocation services Cost of living Indices by country / Descending order Detailed report - Bu Land for Sale in Transylvania The following plots will not be available to speculators. Addison Read will interview applicants......... ROMANIA'S REAL ESTATE PROFESSIONALS - ADDISON READ - FOR ALL INVESTMENT PROPERTY IN ROMANIA Addison Read have packaged Investment Land Location of Land The Investment Opportunity Reasons to Invest for Foreign Investors by incorporating a company for each land parcel - Land is located close to the planned Bucharest multi-lane ring highway, a 30 minute drive from the city centre in rush hour - Apply for prospectus Addison Read offer retail, commercial & logistics sites on a the location of a 400 acre business city 5 miles from the western edge of Bucharest. - Apply for prospectus ROMANIA'S REAL ESTATE PROFESSIONALS - ADDISON READ - LAND INVESTMENT OF THE CENTURY Land for sale at Poiana Mica - 17ha first offer above €35 secures Regional Location details & map Announcements in November 2005 - that will instantly cause price rises estimated to reach €250-€370 per sqm by mid 2006 New Gondola Ski Transport ropeway to be opened at Poiana Brasov by Christmas Contract to construct 18 hole Golf Course at Poiana Mica (adjacent to Poiana Brasov) Canadian company to build international airport at Ghimbav (8.3 kms from Poiana Brasov) More details... New Doppelmayr Gondola - Ski Transport system - Capacity 3,000 pers. per hour to be opened Chistmas 2005 Golf course construction contract signed with Brasov planning authorities Canadian construction company signs contract to construct International airport at Ghimbav - less than 20 minutes from Romania's premier ski resort at Poiana Brasov ADDISON READ ROMANIA RAISES PROFILE OF ROMANIA'S PROPERTY INVESTMENT MARKET Addison Read International is a UK Property Investment Group that has recognised the high investment potential of Real Estate investment in the SE European countries - initially Bulgaria and now Romania. The company has the widest range of Land & Property acquisitions, and provides a full services package to foreign investors, including company formation, due diligence and legal services. Call us before your arrival in Romania on +40 21 312 4828. There was a strong logic to the strategic reasoning to first enter the Bulgarian market with its associated infrastructure investments in Tourism. In 2005, Romania's Real Estate market is entering a boom period for all types of property - residential, commercial & land. This boom is fuelled by a growing national economy that has a solid basis to it - having attracted higher levels of FDI in 2004 than any CEE country other than the Czech Republic. Romania's GDP growth in 2004 was second only to Latvia at 8.3%. Addison Read represent investors large and small and combine the highest professional standards available on the market with an unmatched knowledge of all real estate investment sectors. The company's mission is to optimise investor's profits and minimise market risks. Click for Why Invest in Romanian Property Click for Addison Read's Romanian Brochure Contact: Richard Prior - +40 722 304 773 or Phil Stapley +40 743 145 443 for more information ROMANIA PROPERTY MARKET - A GOOD INVESTMENT OR A BUBBLE... A recent commentary by the UKs Telegraph property correspondent suggests that there is little understanding of the economic engine that is driving the Real Estate market in Romania & Bulgaria. Ms. Rosie Murray-West should take note, and reconsider advice to UKs enthusiastic stream of investors that have cottoned on to economic growth taking place in SE Europe..... LAND FOR SALE IN TRANSYLVANIA... In response to requests, Addison Read provide details of some land parcels that we have available in Transylvania - in some of Europes finest mountain scenery. Land prices are escalating rapidly, and provide sound investment opportunities yielding in excess of 25-30% capital growth. CLICK ON THE MAP - FOR LAND DETAILS LAND FOR SALE IN BUCHAREST... Addison Read have land opportnities for Investment & Development in all areas indicated on the map below. We aquire land and develop projects for Investors across the globe. Addison Read control risks and optimise investor return possibilities that yield in excess of 25-30% annual capital growth. INDUSTRIAL PARKS IN ROMANIA Industrial Real Estate in Romania produces highest yields in Europe... You will find details here of all Industrial Parks in Romania. Investor Services has been associated with the initial planning phases of many of Bucharest's business parks - and is well placed to assist companies with the selection of office or industrial space requirements please do not hesitate to contact Richard Prior at richard.prior@addisonread.ro Or Give us a call on +40 722 304 773 or +40 722 304 772 and we will be glad to talk to you. ROMANIA - TOURISM - THE HIDDEN JEWEL OF EUROPE Over the last 10 years, The Editor has observed the steadily widening gap between the improving tourism infrastructure and the 'black hole' - an almost total lack of organised marketing effort. A few years ago, much of Romania's tourist industry was "in the wrong hands" - owned by those who imagined that quick profits would be obtained - for both little investment & even less effort..... The tourism and hospitality business does not grant quick profits to cheap operators.......! Now, in 2004, there are strong signs that the right people are getting into the industry & the infrastructure is developing rapidly - certainly in the premier mountain resorts - if not the Black Sea resorts. At Poiana Brasov for example, there are many new hotels & villas in the market, together with a well developed infrastructure for ski lifts and cable cars & restaurants - BUT the tourist board is ineffective and disorganised at getting out the message - that Romania has the most dramatic tourist assets of '"New Europe'. The final & essential element of apres-ski environment is dependent upon an effective Tourist board. Private operators, such as Andrei of Villa Andrei lead the way in terms of quality & value BUT need an influx of international tourists to generate the next steps of development. Romania is Europe's hidden jewel....... INVESTOR SERVICES - MARKET ALERTS Investor Services provides monthly Market Alert reports - detailing the market research activities of multi-national companies that are actively investigating the Romanian market. Gain and edge on your competition by responding to your target clients needs - before they approach the market. The reports are intended for senior management, and include Company profiles, Contact details and a charted analysis of research activities on the Romanian market. Contact: Richard Prior For executives relocating to Bucharest, Factbook has collaborated with Investor Services srl to provide a full relocation support service - A first stage is our offer of an interactive settling-in support sytem that is compatible with PDAs, Notepads & PCs. Apply for details FDI / LABOUR COSTS & COST OF LIVING For Transnational companies researching the Romanian market, Investor Services has provided a series of decision support reports covering FDI , Labour Cost s & Cost of Living comparisons. If you are seeking specific market research for the Romanian market, we shall be pleased to provide a compatitive quotation. In the first instance contact richard@ines.ro QUALITY CHAUFFEUR-DRIVE CAR HIRE - A BETTER OPTION THAN TAXIS IN BUCHAREST "Chauffeur Mercedes" provides E-Class saloons for the discerning Businessman or Diplomat. Immaculately dressed drivers - trained to the highest standards. Airport Transfers & for all your transport needs in Bucharest & throughout Romania Rates are surprising value - Drivers are a refreshing change from the near lethal tactics of the average Romanian Taxi driver. .... If you value your health - try Chauffeur Drive TRAVELLING TO ....... OR INVESTING IN ROMANIA. - 2005 The Editor has spent several years working in Hungary and other Central European countries. Each country has its strong points - Romania has now taken over as the fastest growing economy in the developing countries of Europe. GDP Growth is at the top of the European League. Foreign Direct Investment is 50% higher than Hungary for 2004 at EUR 3.5bn. Multi-National companies are increasingly migrating operations to Romania & the property market is booming. PROFESSIONAL SERVICES FOR INWARD INVESTORS Check out Investor Services before taking a decision about selection of your primary professional service provider. Our business partner iNES Advertising has extended the its range of services - for details see:- site UK LAND BANK OPPORTUNITY - 19 MILES LONDON 8.3 acre site - Located in attractive commuter village 19 miles North of London. Strong Residential development opportunities. WORLD STATISTICS OF MUSLIM POPULATION -COUNTRY BY COUNTRY Business leaders are aware of the waves of Anti-american, Anti British - and generally anti western feelings that are erupting throughout the Muslim world Just what is the extent of the Muslim world. Factbook has produced World Statistics for Muslim Population on a country by country basis - including world map of Muslim distribution. REPORT - EUROPEAN FILM INDUSTRY Factbook has published a detailed statistical report on the European Film Industry. Similar in style to the Global Traffic Accident report, with statistics ranging from admissions per film by country to Cinemas, revenues, GDP etc. Whether you are an industry professional or an amateur cinema buff this is worth a look... POWER GENERATION PROJECTS The modernisation and development of Romania's energy infrastructure represents one of the most significant opportunities for Power Generation and Construction companies during the period leading up to EU accession. more Current projects call for investments totalling over EUR 4 billion. Nuclear - €1.018bn Conventional - €2.465bn Hydro projects - - €651.2bn Our team have key experience with World Bank infrastructure financing in China, Malaysia, Turkey & Hungary. INVESTMENT IN ALLOY WHEEL PRODUCTION UNIT Investor Services are in discussions with leaders in the Automotive industry - with a view to locating a Wheel Production unit at a Romanian 'Free trade' Zone. East European Vehicle Production 2001 Projects The project includes proposals to locate a Wheel/Tyre assembly plant at the same location with a view to providing added value services to European car manufacturers. Project outline - English or Italian - for Cast alloy production unit. Sponsored by Addison Read Romania - Investment Property in Romania - Contact:- sales@addisonread.ro service provided by Investor Services , 33 Maguricea, Bucharest 1, - t. +40 722 304 773/2 fx. +40 21 232 6737 & iNES , © Factbook 2000; Site search Search Factbook Search WWW




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