The China Post
Date: May 18, 2017
By: The China Post
TAIPEI, Taiwan — In a hurriedly released statement, the Ministry of the Interior (MOI)
Thursday stressed that the government had not relaxed restrictions on purchases of Taiwanese properties by mainland Chinese citizens, after the Mirror Media reported on Wednesday that it lifted a ban for 44 buyers from across the strait.
The 44 buyers placed orders on the apartments for the luxury home complex Vantone 2011, which was built by mainland Chinese real estate developer Feng Lun in 2015.
The MOL stopped the deal on the grounds that “the number of mainland Chinese buyers of a residential project cannot exceed 10 percent of the total”. [FULL STORY]