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Forums > Living in Kunming > Buying Property In Kunming

@tonyaod
"There are some small consequences to consider when you put a lower sales amount. If the hold the property for 5 years or more before you sell, then it doesn't matter too much, however..."
All you need to do is sell and provide a lower sales amount on the documents.

It is not unusual here for the seller to want an net figure from the sale. As such the buyer often picks up the tax. Another reason for giving a smaller figure on the docs.
Although this is tax evasion, it is normal practice here in Kunming.

@laotou
"1. Individual purchases - Individuals may purchase multiple properties in different cities or areas. As most police databases are not linked - this is a legal blindspot - buyer beware"

As far as I am aware there has been a national land/property register in China for several years. That is why I cannot buy more property.

There is also a new regulation in Kunming, it may be rolling out from BJ, a household cannot purchase a third property any more (even for cash).
In addition, a person cannot get a mortgage in Kunming unless they have paid tax in Kunming for one year. These will cause problems for those who relocate from another city.
Firstly, from what I am told (and if I am wrong, please tell me) if you have 3 properties you will have to sell two in order to buy your new (2nd) property in Kunming.
Secondly, if you have a mortgage in another city, and you sell up, you will still need a new mortgage in Kunming, after you have paid your tax for a year.

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Safe swimming, even for the body conscious.
About 1km north of Haikou is the village of Reshuitang热水塘. There is a beach and lots of peddle boats. Lots of people are taking the peddle boat out a few hundred meters to swim. These peddle boats are about 4m long by 3m wide, and make a big enough platform to go out, play, picnic for the day, and swim. There is even a rope ladder over the side to help getting on and off the boat. The boats are 30rmb/hr or 50rmb unlimited, well worth the money.
You can get a long way away from anyone else for a bit of privacy, you could even skinny dip, or topless sunbathe if you miss that. Nearly all of the local swimmers are using floatation and so you need not be embarrassed about that. For those who are not extroverts, or have children, or just want privacy, this is a great option. Don't leave your sunscreen in the car like I did.

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I think that they may be at it again.
We went to our open air market today and was told that it was closed until 16th, because of some civilized thing.
The workers are trawling through the local streams clearing out the weeds near where we live.
At 8am this morning there were uniformed traffic personnel along Dianchi Lu, and the uniforms looked bright/new.

Has anyone else seen or heard anything?

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Big thumbs up. This is a really useful article. The Metro has opened up new travel opportunities for us, and you are right, most of us don't have the time to randomly explore the city, but articles like this let us know about previously unknown (to the reader) places to visit.
Nice one!

Reviews

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A reasonable choice of lumber that has improved over time. Fancy hardwoods like walnut, and mahogany are in abundance. There are some plywood and rubber-wood boards available. There are also some kiln dried imported softwoods and merbao available. Some of the lumber is very green, so look for the kiln dried if you need stable timbers.

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Echo everything said by others.
Breakfast great and the serve from 8am. Most other places say 9am and they still are not ready.
Sandwiches are cheap 22-32, and really packed full of filling. We got some sandwiches for a day out, the only mistake I made was ordering two, as this was too much. These are seriously good sangars, and they are wrapped in alu foil.

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In fairness to Metro, they are a wholesalers, and not really a supermarket. Hence the need for a card, which can be got around.

They have improved in the year I have been away. They now carry a more consistent range of imported foodstuffs and they also seem to have sorted out the mported milk supply.

They have a wider range of electrical appliances now, there is a coice of more than one toast. There is also a better range of seasonal non foods, like clothes, shoes, garden furniture and camping gear.