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  • July 14, 2014
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  1. 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
  2. Property - Hong Kong & China

    Developers expected to slash house prices to ease housing inventory oversupply

    Posted Jul 03rd 2014, 02:08am by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com Rising housing inventory and sluggish sales are expected to force the hand of property firms needing to clear stock amid slump, analysts say Mainland ... that a year earlier, consultancy E-House (China) said. It was up 40 per cent to 12.7 months in second-tier cities, mainly provincial capitals. In the eastern port city of Qingdao, it now takes as long ...

    http://www.scmp.com/property/hong-kong-china/article/1545108/developers-expected-slash-house-prices-ease-housing
  3. Business - Money - TRADING

    Hong Kong brokers urged to diversify as they lose out to fund houses

    Posted Jul 14th 2014, 03:09am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com Industry experts say city brokerage firms must develop their businesses and get extra support from government as fund houses outflank them Brokers urged to diversify to compete Brokerage firms need to diversify or seek merger opportunities to avoid being squeezed out by the growing number of fund houses, industry players told the South China Morning ...

    http://www.scmp.com/business/money/markets-investing/article/1553565/hong-kong-brokers-urged-diversify-they-lose-out
  4. News - China - CHANGING FACES

    Tycoon's villas turned into house of hope for cerebral palsy victims

    Posted Jul 13th 2014, 05:53am by Alice Yan

    ... funded house of hope Lu Shunling, 80, could have lived the twilight of her life cocooned in luxury, with two villas in the heart of Shanghai  that she inherited from her tycoon father, shipping ... into a rehabilitation centre. My name was passed among parents  and many sent their children to my home to receive treatment. With the goal of helping more children, I sold my two houses on Anfu Road in Xuhui ...

    http://www.scmp.com/news/china/article/1553135/tycoons-villas-turned-house-hope-cerebral-palsy-victims
  5. Property - Hong Kong & China

    Hong Kong luxury housing market back in spotlight after record sale prices

    Posted Jul 12th 2014, 12:53am by PEGGY SITO AND YVONNE LIU

    ... Peggy Sito and Yvonne Liu Real estate experts say luxury property buying sentiment is improving in Hong Kong as recent transaction prices rank among highest ever City's luxury housing ... months in the doldrums, the luxury residential market has been in the spotlight recently following Sun Hung Kai Properties' sale of all four houses at The Seafront development in Tsing Lung ...

    http://www.scmp.com/property/hong-kong-china/article/1552387/hong-kong-luxury-housing-market-back-spotlight-after-record
  6. News - Hong Kong - HOUSING

    24 sites reserved for public housing sold to developers, says report

    Posted Jul 10th 2014, 04:30am by Jennifer Ngo

    ... Jennifer Ngo jennifer.ngo@scmp.com Public housing land sold to developers: report Despite long queues for public housing and a shortage of land, 24 plots of land originally reserved for public housing were returned to the government between 2001 and 2013 and eventually sold to developers or converted to other uses. A report released by the Legislative Council Public Accounts ...

    http://www.scmp.com/news/hong-kong/article/1550584/24-sites-reserved-public-housing-sold-developers-says-report
  7. Property - International

    London house prices seen falling as BOE acts to cool market

    Posted Jul 11th 2014, 01:31am by BLOOM

    ... Bloomberg in London Prices ease in London as BOE curbs risks London house prices rose at their slowest pace in 15 months last month and values are expected to fall as Bank of England (BOE) ... see declines than increases and is the weakest reading since May 2012. London has led the surge in British house prices in the past year, prompting central bank officials to announce measures ...

    http://www.scmp.com/property/international/article/1551494/london-house-prices-seen-falling-boe-acts-cool-market
  8. News - World - SECURITY

    White House orders review of racial and religious bias in security agencies

    Posted Jul 11th 2014, 12:04am by GDN

    ... Agencies in New York and Washington White House tells security agencies racial or religious bias 'unacceptable' Muslim 'slurs' prompt spying review The White House has ... 2002 and 2008. None has been charged with a crime. White House spokeswoman Caitlin Hayden said the administration took the accusations of the slurs extremely seriously. "Upon learning ...

    http://www.scmp.com/news/world/article/1551459/white-house-orders-review-racial-and-religious-bias-security-agencies
  9. Property - Hong Kong & China

    Rise in housing prices renews debate on affordability

    Posted Jul 11th 2014, 01:31am by Peggy Sito

    ... on wealth Housing affordability is back in focus as property prices in the city show signs of picking up. According to BNP Paribas, indicators of housing affordability are stretched as household ... of households in private housing, is about 14- the level last seen before the onset of the Asian financial crisis. Some analysts say this measure does not reflect the wealth in the market. They believe ...

    http://www.scmp.com/property/hong-kong-china/article/1551496/rise-housing-prices-renews-debate-affordability
  10. Magazines - 48hrs - FILM

    Art House: Amadeus

    Posted Jul 09th 2014, 10:31pm by SEAN TIERNEY

    ... Text: Sean Tierney Miloš Forman's Amadeus (1984) stars Tom Hulce and F. Murray Abraham. The actors' biggest roles until then had been supporting ones: Hulce had played a fraternity pledge in National Lampoon's Animal House, while Abraham was a mid-level drug dealer in Brian De Palma's brutal remake of Scarface, starring Al Pacino. These are not the usual ...

    http://www.scmp.com/magazines/48hrs/article/1549605/art-house-amadeus

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