China lowers downpayment requirements for second homes
Second home required to purchase
Beijing - XINHUA
China announced minimum down payments for second home purchases using provident funds will be lowered from 30 to 20 percent on Monday, provided the buyers have fully repaid their mortgage loans on the first home.
The Ministry of Housing and Urban-Rural Development, the Ministry of Finance, and the People's Bank of China jointly announced that Chinese citizens who wish to buy a second home will have access to the lowered down payment ratio starting on Tuesday.
According to the announcement, Beijing, Shanghai, Guangzhou and Shenzhen can make their own decisions about the minimum down payment ratio of second homes on the basis of the national policy.
GMT 06:52 2018 Monday ,15 January
Bitcoin fever hits US real estate marketGMT 09:49 2018 Friday ,12 January
Airbnb 'disappointed' by Amsterdam plan to cut rentalsGMT 11:24 2018 Thursday ,11 January
Amsterdam to curb Airbnb rentals to 30 days a yearGMT 09:09 2018 Friday ,05 January
London house prices in first annual fall since 2009GMT 10:45 2018 Thursday ,04 January
SPNB Wants To Build 15,000 Affordable Homes NationwideGMT 05:14 2017 Saturday ,23 December
Afghan raisin houses get a facelift to boost productivityGMT 12:10 2017 Wednesday ,06 December
Sahalah FM Brings 360 Building Services to The KingdomGMT 15:26 2017 Tuesday ,28 November
Amlak redeems further AED100 million of Mudaraba Instrument
With Job Cuts, China Deal
France's Carrefour revamps operations
Paris - Emiratesvoice
France's Carrefour group said Tuesday it is overhauling its business in a transformation plan involving thousands of job cuts, a product revamp and new partnerships in China. Carrefour, which was the world'sTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Emiratesvoice
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onIn Olympic Spotlight
'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
North Korea's figure skaters Ryom Tai-Ok and Kim Ju-Sik are "friendly and kind and a little bit shy", South Korea's Kim Kyueun said Tuesday ahead of their hugely anticipated Olympic appearance. The skater is competing with her partner Alex Kam in theFor $11.6 Bn
Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances its presence in specialtyParis show pays homage
to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
GMT 10:18 2016 Wednesday ,23 March
cartoon seven
GMT 08:51 2015 Thursday ,27 August
Young hopefuls in race to be first black African in space
GMT 10:21 2018 Sunday ,21 January
Sundance debuts dark tale of triplets split at birth
GMT 06:14 2018 Tuesday ,16 January
Spain expected to replace US
GMT 05:20 2017 Saturday ,23 December
Halt execution of academic 'immediately'
GMT 15:00 2011 Friday ,01 July
Russia launches biggest bank bailout
GMT 09:18 2017 Saturday ,13 May
Ambassador monitoring accident in Saudi Arabia
GMT 12:05 2017 Sunday ,19 November
Track food safety from farm to fork
GMT 09:38 2017 Sunday ,20 August
Youssra Al Lozy happy for her role in “Al-Halal”
GMT 10:34 2017 Saturday ,09 December
Tesla takes dune bashing test in Dubai
GMT 11:30 2016 Tuesday ,29 March
Bandmate plans tribute to keyboard great Keith EmersonGMT 04:21 2011 Monday ,26 September
Libya\'s NTC unearths mass grave of 1,700 prisoners
GMT 03:30 2014 Thursday ,30 October
SodaStream to close controversial West Bank plantGMT 08:26 2011 Wednesday ,24 August
Saudi aid campaign for Somalia receives more than SR 202 million
GMT 01:47 2014 Tuesday ,15 July
20 Taliban militants killed in military operations in Afghanistan
GMT 18:26 2014 Monday ,17 February
3 Afghan army soldiers killed in bomb attacks
GMT 00:46 2013 Sunday ,01 December
Sony seeks patent high-tech wearable \'SmartWig\'
GMT 10:34 2017 Thursday ,15 June
ICC Champions Trophy: India wary of an ever-improving Bangladesh
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor