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  • July 12, 2014
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  1. News - Hong Kong

    PLA sites not for housing, says security chief Lai Tung-kwok

    Posted Oct 09th 2013, 04:01pm by Lai Ying-kit

    ... into residential housing. There have been suggestions that some idle or underused military sites should be rezoned for “community use” or the building of residential flats amid the current housing ... that it was eyeing one military site for housing. In February, Secretary for Development Paul Chan Mo-po said the government was “working on” an idea for turning a PLA barracks in Kowloon Tong into a luxury ...

  2. Business - China Business - LISTINGS

    China Saite to focus on affordable housing on mainland

    Posted Oct 22nd 2013, 03:28am by Ray Chan

    ... Ray Chan ray.utchan@scmp.com China Saite focuses on affordable housing China Saite Group, a Jiangsu-based provider of steel structures and prefabricated residential buildings, plans to focus on developing affordable housing with a HK$425.8 million Hong Kong listing plan. Established in 1998, China Saite paid back all its outstanding bank borrowings last year. Shares ...

  3. Property - International - CANADA

    Housing is becoming less affordable in Vancouver and Toronto, bank says

    Posted May 29th 2013, 12:00am by BLOOM

    ... Vancouver remains the least affordable city to buy a house in Canada, while home ownership in Toronto is becoming more difficult, Royal Bank of Canada Economics Research says. The costs ... that figure is 53.8 per cent, up 0.8 points, according to a housing affordability report for the first quarter produced by Canada's largest lender. "The Canadian housing market cooled ...

  4. Property - Hong Kong & China - MAINLAND

    Affordable-housing sales poor in tier-one mainland cities

    Posted Feb 20th 2013, 12:00am by Yvonne Liu

    ... Yvonne Liu yvonne.liu@scmp.com Big-city affordable-housing sales weak Sales of government-subsidised housing in Shanghai and Beijing have been disappointing because those who qualify for such flats cannot afford the high purchase prices, agents and property analysts say. "The sales of affordable housing in Shanghai are not good because the qualifying salary ceiling is too ...

  5. Business - Comment - MR. SHANGKONG

    A house is not a home until it becomes affordable

    Posted Mar 04th 2013, 12:00am by George Chen

    ... is how the government can ensure people can better afford to buy property. Public housing is one way to allow more ordinary people, in particular those with low incomes, to obtain their first ... George Chen Rather than blaming developers, non-local buyers and the US Fed for high property prices, government should focus on how to make HK people rich A house is not a home until ...

  6. Comment - Insight & Opinion

    Affordable housing requires not more land but wiser use

    Posted Jan 10th 2013, 12:00am

    ... SCMP Editorial Housing needs wiser land use Chief Executive Leung Chun-ying has made ensuring affordable housing a priority. But we are repeatedly told that there is not enough available ... indigenous male villagers, as stipulated under the 1972 small-house policy. Leung has set a target of ensuring 20,000 flats are built each year. That is in keeping with projections ...

  7. News - China - HOUSING

    China to boost availability of affordable homes, says Xi Jinping

    Posted Oct 30th 2013, 06:46pm by Reuters

    ... Reuters in Beijing China will increase the supply of land for homes and spend more on affordable housing projects, President Xi Jinping said in remarks reported on Wednesday, ... of affordable housing while market forces will govern the supply of other types of housing, Xi said. Property prices have climbed despite slower economic growth and government efforts to curb property ...

  8. Comment - Insight & Opinion

    Beijing should increase penalties for abusing affordable homes scheme

    Posted Nov 19th 2013, 05:07am

    ... housing tends to be geared towards the well off, since local government, developers and banks share an interest in rising home prices. Abuse of the affordable homes scheme compounds the inequity. According to the National Audit Office, 108,400 unqualified families got affordable apartments or cash subsidies last year, and 5.8 billion yuan (HK$7.3 billion) intended for affordable housing ...

  9. Property - Hong Kong & China - BRICKS & MORTAR

    Affordable homes remain a distant dream despite curbs

    Posted Dec 10th 2013, 02:58am by Yvonne Liu

    ... Yvonne Liu Mainlanders and investors return to the market after developers offer subsidies on stamp duties Affordable homes remain a distant dream despite curbs The government's ... consultant Knight Frank shows prices have fallen only 3 per cent since the government introduced further housing measures in February. Many end-users are therefore still finding it difficult to buy ...

  10. Business - Companies - THE INTERVIEW

    Furla weaves China dream amid affordable luxury boom

    Posted Dec 28th 2013, 12:39am by JOANNA CHIU

    ... Joanna Chiu joanna.chiu@scmp.com Italian fashion house sets its sights on making China its largest market within the next five years Furla weaves China dream amid affordable luxury boom ... of consumers who are attracted by our products," he said. "The premium market, with premium referring to 'affordable luxury', is where the big numbers are going to be. It's ...




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