Malaysia Property News is a free resource website sharing Daily Property News & information about Property in Malaysia, which related to, Property Market, Property Investment, Commercial Property , Hot Properties Malaysia, Real Estate, Retail Shop, Business Park, Condominium Malaysia, Terraces & Apartment Malaysia, Houses, Residence, Resort and many more.

Monday, September 3, 2012

China says property controls still needed

BEIJING: Premier Wen Jiabao said Saturday it was too early to loosen curbs on speculative property investment, state media reported, as authorities keep a tight grip over China's once red-hot housing sector.

Wen, who was inspecting an affordable housing project said government efforts to rein in runaway housing prices had been largely successful, the official Xinhua news agency said.

"But the controls over the real estate market are still in a critical period," Wen said in the port city of Tianjin, southeast of Beijing.


No comments: