{"id":61106,"date":"2010-04-20T14:16:31","date_gmt":"2010-04-20T21:16:31","guid":{"rendered":"http:\/\/chinadigitaltimes.net\/?p=61106"},"modified":"2010-04-20T14:16:31","modified_gmt":"2010-04-20T21:16:31","slug":"china-restricts-pre-sales-to-curb-property-prices","status":"publish","type":"post","link":"https:\/\/chinadigitaltimes.net\/2010\/04\/china-restricts-pre-sales-to-curb-property-prices\/","title":{"rendered":"China Restricts Pre-sales To Curb Property Prices"},"content":{"rendered":"<p>From <a href=\"http:\/\/www.google.com\/hostednews\/afp\/article\/ALeqM5jLqKVzbSqd2Y-lQkfpyljvztAStQ\">AFP<\/a>:<\/p>\n<blockquote><p>China on Tuesday tightened rules on advance sales of new property developments, in the third move of its kind in less than a week aimed at curbing rampant real estate speculation.<\/p>\n<p>The Ministry of Housing and Urban-Rural Development said in a notice on its website that developers cannot receive down payments for unfinished properties without first obtaining government approval.<\/p>\n<p>Once the government gives developers the green light to pre-sell properties, they must publish the prices of each unit in the development within 10 days of receiving approval, the ministry said.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>From AFP: China on Tuesday tightened rules on advance sales of new property developments, in the third move of its kind in less than a week aimed at curbing rampant real estate speculation. The Ministry of Housing and Urban-Rural Development said in a notice on its website that developers cannot receive down payments for unfinished [&hellip;]<\/p>\n","protected":false},"author":296,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[2978,340],"class_list":["post-61106","post","type-post","status-publish","format-standard","hentry","category-economy","tag-property-market","tag-real-estate","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.1 (Yoast SEO v24.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>China Restricts Pre-sales To Curb Property Prices<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/chinadigitaltimes.net\/2010\/04\/china-restricts-pre-sales-to-curb-property-prices\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"China Restricts Pre-sales To Curb Property Prices\" \/>\n<meta property=\"og:description\" content=\"From AFP: China on Tuesday tightened rules on advance sales of new property developments, in the third move of its kind in less than a week aimed at curbing rampant real estate speculation. 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