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  1. News - Hong Kong - HOUSING

    Hong Kong leader has plans to build homes for 'sandwich class'

    Posted Nov 27th 2014, 04:04am by Phila Siu, JEFFIE LAM AND FANNY FUNG

    ... Phila Siu, Jeffie Lam and Fanny W.Y. Fung Chief executive hopes to build flats in suburbs for those edged out of other subsidy schemes New plan for 'sandwich class' homes A new type of subsidised housing tailor-made for the "sandwich class", possibly in suburban areas, is being considered by the government. Sources said Chief Executive Leung Chun-ying ...

    http://www.scmp.com/news/hong-kong/article/1649518/hong-kong-leader-has-plans-build-homes-sandwich-class
  2. News - Hong Kong - HOUSING

    'Build homes in Hong Kong's country parks to help the young', say tycoons

    Posted Nov 26th 2014, 05:32pm by Toh Han Shih

    ... Toh Han Shih hanshih.toh@scmp.com Call to build homes in country parks While young people remain in pro-democracy protest camps on the streets of Hong Kong, several prominent businessmen say the solution to their grievances is to build affordable housing in country parks. If people had greater prospects of owning a home, the city could become more like the mainland- ...

    http://www.scmp.com/news/hong-kong/article/1649334/solution-occupy-protests-turn-country-park-land-housing-say-business
  3. News - Hong Kong - HOUSING

    Change to maintenance deals proposed to end bid-rigging

    Posted Nov 12th 2014, 04:48am by Olga Wong

    ... Olga Wong olga.wong@scmp.com Change to maintenance rules to curb bid-rigging The government has proposed changes in the approval process for large building maintenance projects to avoid ... to the Building Management Ordinance aimed at enhancing the transparency of owners' corporations and management companies. A public consultation will run until February 2. "Increased ...

    http://www.scmp.com/news/hong-kong/article/1637688/change-maintenance-deals-proposed-end-bid-rigging
  4. News - Hong Kong - HOUSING

    2,160 cheap flats to go on sale next month

    Posted Nov 01st 2014, 04:25am by SHIRLEY ZHAO

    ... said the developments would be no-frills affairs, without clubhouses or fancy decorations. Many applicants in Tai O were put off by high management charges. "These are … buildings ...

    http://www.scmp.com/news/hong-kong/article/1629339/2160-cheap-flats-go-sale-next-month
  5. Property - Hong Kong & China - HOUSING

    Supply of Hong Kong flats below HK$3m drops

    Posted Sep 16th 2014, 11:27am by Sandy Li

    ... according to an agent at Wealth Property. She said there is a 400 sq ft flat at the 40-year-old Tak Yan Lau building on Tai Pa Street, just across from the Tsuen Wan Plaza shopping centre, being ... The building has no lift. Another is a 450 sq ft flat at Good View Building on Heung Wo Street, Tsuen Wan, being offered for HK$3 million, she said. For these old properties, she said buyers could only ...

    http://www.scmp.com/property/hong-kong-china/article/1593176/supply-hong-kong-flats-below-hk3m-drops
  6. News - Hong Kong - HOUSING

    Watchdog urged to investigate building maintenance bid-rigging

    Posted Aug 28th 2014, 04:56am by TIMMY SUNG

    ... Timmy Sung timmy.sung@scmp.com Watchdog urged to probe bid-rigging The competition watchdog was urged yesterday to investigate bid rigging in building maintenance projects to protect ... crack down on unscrupulous firms colluding to raise prices for building maintenance and renovations. The group, which staged a demonstration outside the commission's office in Wan Chai, ...

    http://www.scmp.com/news/hong-kong/article/1581282/watchdog-urged-investigate-building-maintenance-bid-rigging
  7. News - Hong Kong - HOUSING

    100,000 children’s families in queue for public rental flats

    Posted Aug 25th 2014, 05:31am by Patsy Moy

    ... in such a poor environment. Sze said the government should be trying to build 35,000 public rental flats a year. Leung has set a target to build some 20,000 public rental units a year over the next 10 ...

    http://www.scmp.com/news/hong-kong/article/1580445/100000-children-queue-public-rental-flats
  8. Property - Hong Kong & China - HOUSING

    Hong Kong to see surge in tiny flats as demand remains strong

    Posted Jul 29th 2014, 04:08pm by Sandy Li

    ... Sandy Li sandy.li@scmp.com Demand for ever-smaller homes remains strong due to cheaper prices, with developers expected to build increasing numbers of shoe-box flats HK to see surge ... "Building more small flats will become a trend, as they are sought after by younger home seekers and long-term investors," said Patrick Chow Moon-kit, head of research at Ricacorp Properties. ...

    http://www.scmp.com/property/hong-kong-china/article/1561853/trend-towards-tinier-flats-seen-prices-rents-rise
  9. News - Hong Kong - HOUSING

    High management fees likely for single-block developments, say property specialists

    Posted Jul 25th 2014, 03:42am by Olga Wong

    ... trend towards single-block flat developments as a result of the government's aggressive hunt for building land is likely to push up management fees for buyers of both private and subsidised ... "I'm afraid the fee will escalate to HK$3,000 with inflation and ageing of the building." The fee is close to the monthly payment of HK$2,500 on a 25-year mortgage and, at about HK$4.20 ...

    http://www.scmp.com/news/hong-kong/article/1558541/high-management-fees-likely-single-block-developments-say-property
  10. News - Hong Kong - HOUSING

    Plans for flats on two Tai Po sites rejected

    Posted Jul 10th 2014, 04:30am by BRIAN YAP, Olga Wong

    ... of public flats. Only the plan to build 4,860 homes in the largely undeveloped Tai Po area 9, in the northeast of the district, received general acceptance. Proposed residential blocks in Chung Nga ... forward the idea of building public flats at Tai Po area 9 in 2008, but the government rejected it, preferring to allocate part of the site for the development of a private hospital. Plans ...

    http://www.scmp.com/news/hong-kong/article/1550583/plans-flats-two-tai-po-sites-rejected

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