Xiamen University

Xiamen residents spend an average of 14,626 yuan in first half of 2015

According a report released by the Xiamen Office of the National Bureau of Statistics, Xiamen residents spent an average of 14,626 yuan in the first half of 2015, 845 yuan more than the corresponding period last year. Food Food consumption made up the highest percentage of expenses. Affected by rising food prices, local residents spent an average of 4,591 yuan on food, wine and tobacco in the first half of 2015, a jump of four percent over the same period last year. Health care Spending on health care increased the most among all expenses. Statistics showed that Xiamen people

Xiamen's housing market value ranks 8th best among Chinese cities

According to the “Ranking of For-sale House Market Value in China’s Cities (March-May, 2015)” published by the National Real Estate Market Statistics Center, Xiamen’s housing market value reached RMB 273.4 billion, ranking 8th best among 100 cities in China.   4 other cities from Fujian - Fuzhou, Quanzhou, Zhangzhou, and Longyan - made the list. Among which, Fuzhou was ranked 15th and Quanzhou was ranked 54th on the list.   It is notable that the total combine housing market value of the 4 cities in Fujian making the list was nearly RMB 100

66% of Xiamen's new houses purchased by non-locals in Q1 of 2015

According to the latest data released by the Xiamen Municipal Bureau of Land Resources and Real Estate Management, a total transaction area of 261,400 square meters were sold to non-locals in Xiamen in the first quarter of 2015, accounting for 65.54% of the entire real estate transaction area sold in the city during that period. From January to March 2015, 3,335 apartments were sold in Xiamen, covering an area of 398,900 square meters, down 51.8% compared with the previous month. Among which, only 137,400 square meters of apartments were purchased by local citizens, accounting for

Xiamen's house market value ranks 5th among Chinese cities in Q4 of 2014

    According to the “Ranking of For-sale House Market Value in China’s Cities (October-December, 2014)” published by the National Real Estate Market Statistics Center, Xiamen’s house market value reached RMB 337.6 billion, ranking 5th among 100 cities in China. According to the ranking, 3 cities from Fujian ranked in the top 50 on the list, including Xiamen at 5th on the list with a house market value of RMB 337.6 million, Fuzhou at 13th on the list with a house market value of RMB 131.3 billion, and Quanzhou at 49th on the list with a house

Xiamen abolishes house purchase restrictions on Jan 16

According to the old policy, Xiamen families could possess a maximum of two houses, and residents without a local hukou, (household registration), could purchase only one     Siming and Huli districts in Xiamen abolished house purchase restrictions on Jan 16, leaving only 5 Chinese cities - Beijing, Shanghai, Guangzhou, Shenzhen and Sanya still having the policy. According to the old policy, Xiamen families could possess a maximum of two houses, and residents without a local hukou, (household registration), could purchase only one, Xiamen relaxed the

Month-on-month growth rate of Xiamen's house prices tops nationwide in Dec

Xiamen’s new house prices increased 1.84 percent in December 2014, topping the 100 major cities of China, the National Bureau of Statistics announced on January 1st. Besides, a total of 2,275 newly constructed apartments were sold in Xiamen in the same month. In December of 2014, the average house prices of newly constructed houses in 100 cities in China declined again, as it has for 8 consecutive years. The house prices in Xiamen, however, were the exception. In December of 2014, the growth rate of Xiamen’s newly constructed house prices ranked 1st among

Growth rate in May of new house prices in Xiamen ranks 2nd in China

    Xiamen’s second-hand house prices increased 0.5% in May 2014, topping the 70 major cities of China, and its new house prices increased 0.2% in May 2014, ranking 2nd among the 70 cities, the National Bureau of Statistics announced on June 18th. According to the data released by the National Bureau of Statistics, the prices have been increasing for 24 consecutive months, since June 2012. In the first 5 months of 2014, the growth rate of Xiamen’s newly constructed house prices was ranked 1st in China for the first 3 months and 2nd for the following 2 months .

Xiamen sets lower & upper limits for housing fund deposits

  Xiamen has set lower and upper limits of 90 yuan and 4,557 yuan for housing fund deposits as of December 1.   The lower limit will be tied to local minimum monthly salaries while the upper limit will be revised annually according to local average monthly wages.   SOURCE: Common Talk Weekly   Editorial Message  This site contains materials from other clearly stated media sources for the purpose of discussion stimulation and content enrichment among our members only.  whatsonxiamen.com does not necessarily endorse their views

Xiamen increases minimum down payment on 1st homes

  Xiamen authorities have set a minimum down payment of 20 percent on first homes smaller than 90 square meters and 30 percent on first homes over the threshold.   Second home down payments must include half the purchase price, while third home investors must deposit at least 55 percent of the value of the property.   SOURCE: Common Talk Weekly   Editorial Message   This site contains materials from other clearly stated media sources for the purpose of discussion stimulation and content enrichment among our members only.
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