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  • August 20, 2014
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  1. News - Hong Kong - TOURISM

    Tourists at risk in thousands of illegal guest houses in Hong Kong

    Posted Aug 20th 2014, 04:14am by Ernest Kao and Amy Nip

    ... houses scattered across the city operate without a licence, a study has found. The study comes after a fire in a North Point building filled with guest houses left 25 injured in December. ... that governs guest houses. "We estimate that there are at least 2,000 unlicensed guest houses in operation and this equates to about 20,000 rooms," research assistant Kimberly Fung Wan-yin ...

    http://www.scmp.com/news/hong-kong/article/1577144/illegal-guest-houses-put-tourists-risk-and-deprive-low-income
  2. Lifestyle - Technology - MEDIA

    House News closed last month, but other independent sites still exist

    Posted Aug 18th 2014, 06:17pm by Elaine Yau

    ... Elaine Yau elaine.yau@scmp.com Raising their sites The abrupt closure of House News on July 26 sent a chill through the media community, highlighting the difficulties of operating ... and analysis, modelling itself on US sites such as Business Insider. The demise of House News spurred Simon Lee Chao-fu to bring forward the launch of Citizens' Media, says the founder, who also ...

    http://www.scmp.com/lifestyle/technology/article/1576116/house-news-closed-last-month-other-independent-sites-still
  3. Business - Comment - LAI SEE

    House rules in sale of land to official

    Posted Aug 14th 2014, 01:23am by Howard Winn

    ... that the land Lam bought had already been the subject of two previous approvals. One, in 1995, was for a small house. The other was for three small houses. This planning approval lapsed in August last ... was no guarantee that the redevelopment proposal in respect of the lots would ultimately be approved by his office". Approval was conditional on ascertaining that the lots had "house ...

    http://www.scmp.com/business/article/1573096/house-rules-sale-land-official
  4. Magazines - 48hrs - FILM

    Art house: Festival Moon highlights inequality in Hong Kong, past and present

    Posted Aug 14th 2014, 01:11am by Paul Fonoroff

    ... has changed in the past six decades. The Chens are educated members of the middle class, yet their housing conditions are appalling. The chasm between the "haves" ... still packs a potent punch.   Festival Moon, August 17, 7pm, HK Film Archive, October 26, 2pm, Broadway Cinematheque, November 9, 4pm, Cine-Art House. Part of the 100 Must-See Hong Kong Movies ...

    http://www.scmp.com/magazines/48hrs/article/1572721/art-house-festival-moon-highlights-inequality-hong-kong-past-and
  5. Property - International - BRITAIN

    Growth in London house prices forecast to slow to 3pc

    Posted Aug 13th 2014, 05:05am by Bloomberg

    ... Bloomberg in London Growth in London house prices to slow to 3pc Growth in London house prices will slow to about 3 per cent next year as the prospect of higher borrowing costs forces ... the surge in British house prices in the past year, the Royal Institution of Chartered Surveyors said last month. Surging values in the capital prompted the Bank of England to limit riskier ...

    http://www.scmp.com/property/international/article/1572222/growth-london-house-prices-forecast-slow-3pc
  6. Business - Comment - THE VIEW

    Why divorce and remarriage rates matter for housing demand in Hong Kong

    Posted Aug 13th 2014, 01:02am by Richard Wong

    ... Richard Wong HK's high rate of marriage break-up leaves forecasters of housing demand stumbling in the dark, especially with reliance on a flawed 'sharing' ratio Divorced from realty The prices of small housing units are showing signs of moving up again, suggesting that underlying demand is still strong. Home prices in Hong Kong have escalated since the 1980s ...

    http://www.scmp.com/business/article/1572403/why-divorce-and-remarriage-rates-matter-housing-demand-hong-kong
  7. News - China - forced demolition

    Henan couple dragged 'half-naked to cemetery' as house is forcibly demolished

    Posted Aug 12th 2014, 07:26pm by Kathy Gao

    ... Kathy Gao kathy.gao@scmp.com Local authorities make rare admission that forced razing was carried out on couple's house A couple's four-storey house was forcibly demolished, ... said. In a rare admission, Xinzheng authorities confirmed media reports that a house was forcibly torn down in the early hours of last Friday. They are investigating the case and are negotiating ...

    http://www.scmp.com/news/china/article/1572211/henan-couple-dragged-half-naked-cemetery-house-forcibly-demolished
  8. News - Hong Kong - LETTER OF THE LAW

    Clamping down on illegal guest houses in Hong Kong

    Posted Aug 12th 2014, 05:03am by DAVID MALLINSON AND EMILY WONG

    ... David Mallinson and Emily Wong Government is seeking public input on changes that would improve health and safety of guests Clamping down on illegal guest houses The government is seeking the public's views on proposals to improve the licensing regime for hotels and guest houses. These proposals aim to minimise the nuisance caused by guest houses, make enforcement action against ...

    http://www.scmp.com/news/hong-kong/article/1571561/clamping-down-illegal-guest-houses-hong-kong
  9. 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

    ... 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 this rent Professor Raymond So Wai-man, who chairs the Housing Authority's finance committee, said it may need to ask for more funding as its coffers will have dwindled to HK$28.2 billion ...

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

    Wharf's purchase of Crawford House in Central marks strategic shift

    Posted Aug 11th 2014, 02:15pm by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Acquisition of Crawford House from Wheelock comes as weak mainland development sector prompts move to focus on investment properties Wharf deal for Centralbuilding marks key shift Wharf (Holdings) has acquired Crawford House from Wheelock & Co for about HK$2.69 billion, as part of a shift to focus more on investment properties given the softness ...

    http://www.scmp.com/business/companies/article/1571291/wharf-buys-crawford-house-interim-underlying-profit-falls-12pc

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