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  1. Young couples priced out of home market

    Posted Sep 22nd 2010, 12:00am by Yvonne Liu

    ... Low-income families are being left behind in the battle to buy their own homes as soaring house prices push the cost of public and subsidised flats beyond their reach. The story of Ann ... a Home Ownership Scheme flat (which offers flats at subsidised prices through the government's Assisted Housing Scheme) in June.' 'But we didn't get a chance to buy a flat ...

  2. Minister admits feeling pressure on home prices

    Posted Mar 09th 2010, 12:00am by Raymond Li

    ... Raymond Li The central government has admitted it is under enormous pressure to rein in housing prices in the next two decades amid concerns that the high prices could lead to social ... years could put the country under enormous pressure. 'But the central government's determination to control the rapidly rising housing prices is even greater,' Jiang declared. ...

  3. Finding a solution to the heated market

    Posted Jun 19th 2010, 12:00am by Peggy Sito, Sandy Li, Yvonne Liu

    .... 'House prices have risen much faster than average incomes in major cities over the past 10 years, with prices in Shanghai reaching 16 times the average household income, by our estimate,' ... years.' A roof over their heads Housing prices in 70 cities rose 12.8 per cent in April from a year earlier The percentage of families believed to be left out by the rising prices is: 85% ...

  4. No concrete measures to rein in rising house prices

    Posted Mar 06th 2010, 12:00am by Staff Reporter

    ... Yu Aitong Soaring housing prices in the past year have made home ownership a more distant dream for most mainlanders and Premier Wen Jiabao's work report yesterday did little to address their hopes for fresh, concrete measures to rein in the boom. Wen said the central government would 'resolutely curb the precipitous rise of housing prices in some cities and satisfy ...

  5. Property prices soar sky high

    Posted Mar 30th 2010, 12:00am by Staff Reporter

    ... which argue subsidised housing drags down property values, the government stopped building and selling HOS flats in 2003. In recent months, with property prices soaring, calls to resume building ... prices. If they want to lead an independent life or get married, housing is the biggest trouble they face,' he adds. Kwok said government figures showed an average of 35,918 new flats became ...

  6. New housing measures unlikely to stop prices rising, analysts say

    Posted Nov 20th 2010, 12:00am by Yvonne Liu

    ... Yvonne Liu The government's new measures may keep speculators out of the property market, but at least one industry veteran thinks the steps are unlikely to keep prices from rising, ... of soaring property prices was recent American monetary policy. 'The growth did not come from the local market, but the global economy. With the influx of hot money, I don't think our small ...

  7. Village houses attract more buyers amid rising prices

    Posted Aug 11th 2010, 12:00am by Yvonne Liu

    ... Yvonne Liu With property prices in the city rising to their highest levels since 1997, village houses may be a better option for those seeking a better of quality of life but have ... a village house, which is cheaper and has a high efficiency rate of 90 per cent.' In the luxury residential market, the price differential between private housing and village houses ...

  8. SHKP Beas River house to carry HK$100m price tag

    Posted Sep 01st 2010, 12:00am by Sandy Li

    ... housing project, Valais, in the Beas River area, at a new record price in the New Territories. Valais has 300 detached and semi-detached houses ranging from 2,600 to 4,500 square feet. SHKP plans to offer the cheapest unit at about HK$30 million, while the most expensive house would come with a price tag of more than HK$100 million, or more than HK$20,000 per square foot, said Victor Lui ...

  9. House on The Peak fetches record price

    Posted Mar 17th 2010, 12:00am by Yvonne Liu

    ... A listed electronic components manufacturer yesterday bought a house on The Peak for HK$60,215 per square foot, making it the most expensive home in Hong Kong in terms of price per square ... The three-storey house has a gross area of 4,650 square feet and offers Victoria Harbour views. The price exceeded the previous record set by house No2 in the same development, which sold for HK$56,200 per ...

  10. Peak house expected to fetch record price

    Posted Jul 30th 2010, 12:00am by Yvonne Liu

    ... Yvonne Liu Sellers of a luxury house on The Peak are confident of achieving a record price following the positive result at this week's land auction. The Shang family, owners of the China Can Company, appointed property agency Jones Lang LaSalle to conduct a tender for the 62-year-old house at 20 Peak Road. The tender will close on September 15. In an auction on Wednesday, ...




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