China's central government will consider further measures to curb property market speculation and limit developer margins, Forbes reported, citing Deutsche Bank's chief economist for Greater China, Jun Ma.
These measures include a crackdown on mortgages for second and third homes, and the collection of deferred payments of land transfer fees from developers, said Forbes, quoting the Hong Kong-based Ma said.
'The government is also under pressure to permit collective financing of housing construction, a scheme allowing corporate employers or government units to build low-cost apartments for employees by raising funds from would-be-residents,' said Ma.
'While the timing and likelihood of these measures are uncertain, they may continue to present negative surprises to the property sector in an ad hoc way,' Ma added.
Official figures showed that the average price of newly-built homes in 70 major cities gained 6.1% year-on-year in January.