Core Viewpoint - The article discusses the tax implications of property transfers between spouses during marriage and after divorce, highlighting the exemption from deed tax when dividing common property upon divorce [3][5]. Group 1: Tax Regulations - Couples are exempt from deed tax when transferring property rights due to divorce, but must pay deed tax for property transfers that occur during the marriage [3][5]. - According to the regulations, individuals receiving property as a gift are subject to full deed tax [5]. Group 2: Case Analysis - In a case where one spouse gifts a property to the other during marriage, the recipient must pay deed tax on that property [5]. - When a couple purchases a jointly owned property, both parties are required to pay deed tax [5]. - Upon divorce, if the agreement states that one spouse retains ownership of the jointly purchased property, that spouse is exempt from deed tax for the transfer [5].

Core Viewpoint - The auction of an old property in Ningbo attracted significant interest, with over 14,000 views and 11 bidders participating, leading to a final price of 1.06 million yuan, which is nearly 80% above the starting price [5][12]. Group 1: Auction Details - The starting price of the property was 595,000 yuan, translating to approximately 4,997 yuan per square meter, while the final auction price reached 1.06 million yuan, or about 8,842 yuan per square meter [5]. - The property has a total area of 119.88 square meters and is located near Guisi Primary School, which may have contributed to its desirability [5]. - The market evaluation price for the property was set at 849,000 yuan, or about 7,082 yuan per square meter, indicating that the final price was close to the market value of newer residential properties in the vicinity [5][12]. Group 2: Location and Planning - The property is situated in the historical area of Guisi Old Street, as per the urban planning regulations approved by the local government [8]. - According to the Ningbo City Land and Space Overall Planning (2021-2035), the area is designated as a charming cultural residential district, which may enhance the property's future value [10]. - The expectation of potential demolition in the area has driven interest in old properties, regardless of their condition, as seen in recent auction trends [12]. Group 3: Market Trends - Recent auctions of similar old properties have shown high levels of competition, with significant price premiums over starting bids, indicating a trend driven by speculation on future redevelopment [12]. - For instance, a property in Yinxian Longfeng Village sold for 5.105 million yuan, with a price per square meter of 35,000 yuan, reflecting a 57% premium over the starting price [12]. - Another property in Haishu District saw a final price of 4.61 million yuan after multiple rounds of bidding, further illustrating the competitive nature of the market for old properties [12].

Core Insights - The article discusses the increasing popularity of judicial auction properties (法拍房) compared to traditional second-hand homes, highlighting the cost advantages of auction properties since 2025 [1][8] - Judicial auction properties are gaining traction due to their pricing mechanisms, which often result in significant discounts compared to second-hand homes [2][8] Pricing Comparison - In Beijing, the average listing price for second-hand homes in the Chaoyang district is 9.2 million, while the auction price is 6.63 million, resulting in a difference of 2.57 million [2] - In Shanghai, the auction price for the luxury property "Tianchen Yipin" is 173.5 million, compared to a listing price of 210 million, showing a difference of 36.5 million [2] - In Shenzhen, a school district property listed at 1.25 million sold for 892 thousand at auction, a difference of 358 thousand [2] Market Trends - The average price of second-hand homes in Beijing's Chaoyang district has decreased by 15% in 2025, while auction properties benefit from a two-round price reduction mechanism, offering additional discounts [2][8] - The judicial auction market is characterized by a surge in activity, particularly in core urban areas, where auction prices are significantly lower than second-hand home prices [7][8] Legal and Taxation Mechanisms - The article outlines various legal cases that illustrate the efficiency of tax refund processes and the enforcement of property rights in judicial auctions [4] - A collaborative tax and judicial mechanism has been established in Hunan, allowing buyers to transfer properties directly while tax liabilities are pursued separately [4] Risks and Precautions - The article identifies potential risks in the auction market, such as collusion to drive down prices and issues related to property rights [7] - It suggests methods to avoid pitfalls, including verifying bidding records and ensuring clarity in tax obligations [7] Policy Implications - Recent policy changes by the Supreme Court allow for the reuse of initial auction prices in subsequent rounds, significantly reducing costs and expediting the auction process by over 60% [7][8]

Core Insights - A senior couple from St Kilda purchased a renovated three-bedroom property in Yarraville for AUD 1.662 million, indicating strong demand in the local real estate market [1][3] - The property was listed with a guide price of AUD 1.5 million to AUD 1.58 million, with an opening bid of AUD 1.6 million, showcasing competitive bidding dynamics [1][3] - The couple was motivated to buy due to nostalgia for the inner-west lifestyle, highlighting emotional factors influencing real estate decisions [3] Market Dynamics - The bidding process was highly competitive, initially increasing by AUD 10,000 increments before narrowing to AUD 1,000, reflecting intense interest from multiple families looking to purchase in the area [3] - One unsuccessful bidder arranged financing within a week to participate in the auction, indicating urgency among buyers in the current market [3] - Many bidders are eager to enter the market before potential interest rate cuts, suggesting a strategic approach to timing in real estate investments [5]

Group 1 - Dennis Bastas and his wife Georgina have purchased Melbourne's most expensive home, Coonac, breaking the record for residential property prices in Victoria [1][3] - The Coonac estate spans 1.08 hectares and features a 200-meter frontage, with the sale expected to exceed 100 million AUD, making it the first residential transaction in Victoria to surpass this threshold [3][5] - The previous record for Australian residential property was set at 130 million AUD in 2022 for the Point Piper estate purchased by tech billionaire Scott Farquhar [3][5] Group 2 - Dennis Bastas, a self-made healthcare entrepreneur, founded DBG Health in 2022, which has become Australia's largest diversified pharmaceutical and health beauty products company [5][7] - The Coonac estate, built in 1867, is noted for its unique Australian architectural style, combining 19th-century British neoclassicism with a rural aesthetic [5][7] - The property has a rich history, having served as a federal rehabilitation center from 1948 to 1986, and has undergone significant renovations by its previous owners [7][9] Group 3 - The sale of Coonac signifies a shift in Melbourne's luxury real estate market, with large estates in core high-end areas like Toorak becoming increasingly rare [9] - The historical value and unique architecture of Coonac have made it highly sought after in the high-end market, reflecting the strong demand from wealthy Australians for premium real estate assets [9]