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  • October 23, 2014
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  1. Property - Hong Kong & China - HOUSING

    Supply of Hong Kong flats below HK$3m drops

    Posted Sep 16th 2014, 11:27am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Rising prices mean affordable homes are disappearing, leaving buyers with few options Sub-HK$3m flats in rapid decline The number of flats being offered at or below HK$3 million is declining sharply as Hong Kong home prices keep on climbing to fresh highs, leaving potential buyers with a tight budget little choice but to settle for either ageing ...

    http://www.scmp.com/property/hong-kong-china/article/1593176/supply-hong-kong-flats-below-hk3m-drops
  2. Property - Hong Kong & China - HOUSING

    Xiamen only city in mainland China to report growth in housing prices

    Posted Sep 18th 2014, 02:45pm by Yvonne Liu

    ... flat. Disappointing sales of new projects this month pressured the shares of mainland developers yesterday. KWG Property Holdings dropped 4.47 per cent to close at HK$5.56, the steepest fall ...

    http://www.scmp.com/property/hong-kong-china/article/1595357/xiamen-only-city-mainland-china-report-growth-housing
  3. Property - Hong Kong & China - HOUSING

    China's unsold housing stock soars 190pc over four years

    Posted Sep 16th 2014, 11:53am by Yvonne Liu

    ... sales amount was 3.43 trillion yuan (HK$4.3 trillion) during the same period, 10.9 per cent less than the amount in the previous year. Home seekers were affected by tightened property loan terms ...

    http://www.scmp.com/property/hong-kong-china/article/1593743/mainlands-unsold-housing-stock-soars-190pc-over-four-years
  4. Property - Hong Kong & China - HOUSING

    New home prices climb in Hangzhou and Guangzhou

    Posted Sep 16th 2014, 11:12am by Langi Chiang

    ... to 15,501 yuan (HK$16,540) per square metre, while the city's property transactions also jumped 57 per cent during the period to 938,000 sqmetres. In Guangzhou, the government unveiled ...

    http://www.scmp.com/property/hong-kong-china/article/1593144/new-home-prices-climb-hangzhou-and-guangzhou
  5. News - Hong Kong - HOUSING

    No rush for bargain flats on Lantau with sky-high management fees

    Posted Aug 28th 2014, 04:56am by FANNY FUNG

    ... Authority opted to sell the flats to save on maintenance, at prices of HK$641,100 to HK$897,300 for homes of 478 to 482 sq ft. But enthusiasm has cooled since the authority announced last month that management fees would be between HK$2,043 and HK$2,073 a month due to the relatively small number of flats sharing the costs. At HK$4.20 per square foot, the fee is even higher than the HK$3 per ...

    http://www.scmp.com/news/hong-kong/article/1581244/no-rush-bargain-flats-lantau-sky-high-management-fees
  6. Property - Hong Kong & China - HOUSING

    Hong Kong to see surge in tiny flats as demand remains strong

    Posted Jul 29th 2014, 04:08pm by Sandy Li

    ... Sandy Li sandy.li@scmp.com Demand for ever-smaller homes remains strong due to cheaper prices, with developers expected to build increasing numbers of shoe-box flats HK to see surge ... square foot. A case in point was a 225 sq ft unit at a new project, The Avery in Kowloon City, which has been leased at a monthly rent of HK$14,000, or HK$62 per square foot- which is higher than ...

    http://www.scmp.com/property/hong-kong-china/article/1561853/trend-towards-tinier-flats-seen-prices-rents-rise
  7. News - Hong Kong - HOUSING

    100,000 children’s families in queue for public rental flats

    Posted Aug 25th 2014, 05:31am by Patsy Moy

    ... problems, she added. "The rental on these subdivided flats is as much as HK$4,000 per month, which eats up about 40 per cent of the total household income," Sze said. The average rent for public housing is under HK$2,000 a month, and the average living space per person is about 138 sq ft. Between April and July, Soco conducted a survey of 125 children living in poverty. ...

    http://www.scmp.com/news/hong-kong/article/1580445/100000-children-queue-public-rental-flats
  8. News - Hong Kong - HOUSING

    High management fees likely for single-block developments, say property specialists

    Posted Jul 25th 2014, 03:42am by Olga Wong

    ... from HK$2,043 to HK$2,073 a month for their flats of 478 to 482 sq ft. Chan Kwok-hung, one of 12,500 people who applied in June to buy flats, attracted by prices of HK$641,100 to HK ... "I'm afraid the fee will escalate to HK$3,000 with inflation and ageing of the building." The fee is close to the monthly payment of HK$2,500 on a 25-year mortgage and, at about HK ...

    http://www.scmp.com/news/hong-kong/article/1558541/high-management-fees-likely-single-block-developments-say-property
  9. News - Hong Kong - HOUSING

    Public flat tenants face 10pc rent rise

    Posted Jul 03rd 2014, 03:26am by Olga Wong

    ... increase of almost 10 per cent, if an authority committee approves the plan tomorrow. A government source says the authority's deficit for this financial year will be slashed from HK$1.7 billion to HK$900 million if the plan is endorsed by independent members of the subsidised housing committee. But the deficit will rise to HK$2.1 billion if members vote to waive one month's ...

    http://www.scmp.com/news/hong-kong/article/1545118/housing-authority-set-increase-rents-public-flats-10-cent
  10. Property - Hong Kong & China - HOUSING

    Strong bidding for Xiamen land points to continued home price rises

    Posted Jul 18th 2014, 02:52am by Sandy Li

    ... billion yuan (HK$4.24 billion) after 110 rounds of fierce and frenzied bidding that saw it beat out two keen rivals, including Hong Kong-listed China SCE Property Holdings. The price tag, ...

    http://www.scmp.com/property/hong-kong-china/article/1555915/strong-bidding-xiamen-land-points-continued-home-price

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