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City of Suzhou ramps up property curbs for fourth time in three months

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The city of Suzhou in eastern China's Jiangsu province rolls out new property curbs, another signal pointing to tightening real estate policies after regulators introduced a slews of measures to restrict homebuilders' financing in recent months.

The city restricts buyers of new houses in all six districts - Gusu, Wuzhong, Xiangcheng, Wujiang, New High-Tech district and the Industrial Park, selling their property within three years of the purchase date and second-hand home buyers, five years, according to a . . .

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