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  • September 18, 2014
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  1. Business - Comment

    How freeing up public housing would help Hong Kong

    Posted Sep 03rd 2014, 01:17am by Richard Wong

    ... of Hong Kong's housing capital last year was estimated at HK$6.8 trillion, or 320 per cent of gross domestic product. This is the net value of private residential housing at market prices ... . What would be their market value if such steps were taken? Based on the open market transaction prices of HOS and TPS flats, the gross market value of public rental housing units is estimated ...

    http://www.scmp.com/business/article/1583989/how-freeing-public-housing-would-help-hong-kong
  2. Property - Hong Kong & China - REGULATION

    Beating the bid-riggers: Angry homeowners use competition law to battle price-fixing

    Posted Sep 15th 2014, 04:43am by Benjamin Robertson, Elaine Yau

    ... competition law. Last month, the Property Owners’ Anti Bid-Rigging Alliance, an activist group representing 40 housing estates, marched to the Wan Chai office of the freshly staffed Competition Commission to demand that those engaged in price-fixing be punished. It may yet prove a shrewd move. Tasked with policing newly drafted competition laws long championed by consumer and anti-monopoly ...

    http://www.scmp.com/property/hong-kong-china/article/1592797/beating-bid-riggers
  3. Business - China Business - PROPERTY

    Socam Development leads with 30pc price cuts to woo homebuyers in Chengdu

    Posted Sep 12th 2014, 10:32am by Langi Chiang

    ... and reduce inventories. "As the golden month of September has arrived, it now seems widespread for developers to sacrifice prices to boost sales." Data from consultancy E-House China showed ... Langi Chiang langi.chiang@scmp.com Socam Development joins rush to reduce inventory and boost cash flow before end of peak buying season on the mainland Chengdu project prices cut by 30 pc ...

    http://www.scmp.com/business/china-business/article/1590726/shui-land-leads-30pc-price-cuts-woo-homebuyers-chengdu
  4. Comment - Insight & Opinion

    Hong Kong’s middle class priced out of the housing market

    Posted Jun 02nd 2014, 08:13pm by LINA VYAS

    ... Lina Vyas Lina Vyas says the Hong Kong government must do more to help the middle class buy homes, starting with easing up on mortgage restrictions Priced out Housing has been a vital ... is being overlooked. The supply of housing is on the rise, but it caters mainly to the high- and low-income citizens: the focus has been on public rental housing and high-end accommodation, ...

    http://www.scmp.com/comment/article/1523911/hong-kongs-middle-class-priced-out-housing-market
  5. News - World - GAMBLING

    The house doesn't always win in Atlantic City as two casinos close

    Posted Sep 01st 2014, 04:44am by AP

    ... The house doesn't always win A time few could imagine during the not-too-distant glory days of casino gambling has arrived in Atlantic City, where two casinos are closing this week and a third ... double-digit growth. For the year so far, share prices for the six casino operators in the world's biggest gaming hub are down an average of 11 per cent. But it's not all bad news. Resorts ...

    http://www.scmp.com/news/world/article/1582449/house-doesnt-always-win-atlantic-city-two-casinos-close
  6. Comment - Insight & Opinion - JAKE'S VIEW

    Distant central bankers drive home prices up in Hong Kong

    Posted Sep 07th 2014, 03:56am by Jake Van Der Kamp

    ... Jake van der Kamp Distant central bankers drive HK home prices up The European Central Bank cut interest rates to a record low yesterday and launched a new scheme that could push €500 ... and it is that these irresponsible monetary practices abroad have completely distorted our property market. I present the evidence of the chart, which shows that over the last six years prices of smaller flats, defined ...

    http://www.scmp.com/comment/insight-opinion/article/1586672/distant-central-bankers-drive-home-prices-hong-kong
  7. Comment - Blogs

    The rule of thirds: New evidence of the Chinese role in Vancouver’s housing market

    Posted Aug 27th 2014, 08:29am by Ian Young

    ... Ian Young 33 per cent of house buyers in city last year were mainlanders, according to leading firm There are at least three ways to respond to the influx of mainland Chinese money to Vancouver’s real estate market, depending on your perspective of the phenomenon. One position is to oppose it on the grounds that it has helped boost housing unaffordability to unacceptable levels: ...

    http://www.scmp.com/comment/blogs/article/1581034/rule-thirds-new-evidence-mainland-chinese-role-vancouvers-housing
  8. Property - Hong Kong & China

    Home price declines ease in major cities but smaller cities suffer

    Posted Sep 01st 2014, 11:22am by Langi Chiang

    ... survey by E-House China that captures more small cities showed the slump is getting worse, with its index measuring the average home price in 288 cities falling 0.26 per cent in August from July, ... Figures from E-House China also showed new home prices fell at a slower pace in Shanghai, Guangzhou and Shenzhen. However, Beijing suffered its first dip, of 0.83 per cent, since January 2013. Big ...

    http://www.scmp.com/business/economy/article/1582819/slump-china-home-prices-continues
  9. News - Hong Kong - HERITAGE

    Tradition or tourist spectacle? Safeguarding Hong Kong's culture comes at a price

    Posted Sep 08th 2014, 06:05am by Vivienne Chow

    ... Vivienne Chow vivienne.chow@scmp.com Safeguarding the Cheung Chau bun festival and other cherished traditions comes with a price Tradition or spectacle? For more than 100 years, during ... such as Lai Tai-sing and his wife, Chan Kam-mui. During the festivities, they stay locked inside their public housing apartment, finding the event irrelevant. "It's true that tourists make ...

    http://www.scmp.com/news/hong-kong/article/1587371/popularity-cheung-chau-bun-festival-shows-price-be-paid-preserving
  10. Business - Comment - JAKE'S VIEW

    Housing Authority must raise public housing rents or run out of money

    Posted Jul 08th 2014, 12:45am by Jake Van Der Kamp

    ... years, the average HA flat rents for little more than HK$1,200 a month. In a city that is a byword for high-priced housing, a third of the population lives in some of the cheapest urban ... Jake van der Kamp Housing Authority will run out of money if it continues building flats without raising rents that are already among the lowest in urban world High time we stopped paying ...

    http://www.scmp.com/business/article/1549258/housing-authority-must-raise-public-housing-rents-or-run-out-money

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