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 ledGMT 13:06 2012 Thursday ,14 June
Steady rise in temperature forecast in UAE
GMT 17:11 2016 Wednesday ,20 April
Hamdallah, Singapore Prime Minister meet
GMT 18:41 2017 Wednesday ,02 August
Bangladesh separates conjoined twins in rare surgery
GMT 13:46 2017 Saturday ,02 September
16 police patrols deployed in Dubai's tourist areas, malls
GMT 21:32 2016 Monday ,30 May
Australia keen on fostering cooperation with Al Azhar
GMT 11:29 2017 Thursday ,23 March
Ukraine probes arms depot explosion, military blames 'sabotage'
GMT 00:59 2017 Monday ,20 February
Rousseff urges vote against impeachment
GMT 07:11 2018 Thursday ,18 January
Germany loans Lithuania 'birth certificate'
GMT 16:34 2017 Friday ,13 October
Elderly woman feared killed by crocodile in Australia
GMT 15:00 2017 Monday ,18 September
National Pavilion UAE’s Venice Internship now open
GMT 04:46 2018 Saturday ,06 January
Agony for UAE and Abdulrahman as Oman capture the Gulf Cup of Nations title
GMT 10:36 2017 Sunday ,31 December
Swimming with whale sharks in Mexico
GMT 15:02 2017 Wednesday ,22 February
5 Natural home remedies to stop hair loss
GMT 07:42 2017 Wednesday ,26 July
Khalid 5 football tournament launched
GMT 07:22 2017 Tuesday ,05 December
Mario Centeno, the 'Ronaldo' of the eurozone
GMT 12:51 2017 Monday ,08 May
Tadweer launches second e-Services edition
GMT 06:51 2017 Monday ,23 October
Electricity Minister receives German ambassador
GMT 12:24 2017 Tuesday ,17 October
Underlines importance of reconciliation
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor