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  • August 30, 2014
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  1. Rich and poor resent developers' influence

    Posted Mar 19th 2012, 12:00am

    ... Joyce Ng, Jennifer Ngo and Enoch Yiu The next chief executive should provide more subsidised housing for people from the grass roots and stop favouring property developers. That is the consensus shared by six people- from the well-off to low-income families typical of the city- who joined a Post forum. The city's sky-high property prices are worrying to all of them, including ...

  2. Property developers having a field day at the expense of homebuyers

    Posted Oct 25th 2009, 12:00am by Staff Reporter

    ... Homebuyers in Hong Kong have been exploited by property developers for decades. In recent years, the situation has got rapidly worse, with the percentage of genuine living space gradually shrinking. As a result of a high land-pricing policy, property developers are given a great deal of leeway when it comes to including uninhabitable spaces in the floor area. There can also ...

  3. Property officials face pension-fund probe

    Posted Jan 19th 2008, 12:00am by Staff Reporter

    ... it was an open secret in the property sector that a number of insiders at such organisations were paid to disclose confidential information to property developers. Shanghai had nearly 10 ... Lilian Zhang Shanghai investigators have targeted at least five property officials this month for allegedly embezzling from the city's pension fund, Caijing magazine said on its ...

  4. More cities added to consultation on property tax and implementation

    Posted Jan 12th 2008, 12:00am by Peggy Sito

    ... Peggy Sito More cities will take part in a government survey on a proposed property tax and its implementation scheme. Yang Suizhou, a deputy chief of the State Administration ... as saying. The proposed tax is the latest move to put a lid on property prices. The central government suggested introducing a property tax in 2003, along the lines of Hong Kong's tax regime, ...

  5. Property giants may be let off hook over underpaid workers

    Posted Feb 12th 2007, 12:00am by Anita Lam

    ... Anita Lam Property developers may be able to gain accreditation under the voluntary 'wage protection movement' even if workers managed by their subsidiaries are paid less than the market rate. Permanent Secretary for Economic Development and Labour Matthew Cheung Kin-chung made the comment after an association of the city's leading property management companies ...

  6. Home Ownership Scheme will not undermine property market

    Posted Dec 09th 2009, 12:00am by Staff Reporter

    ... Property prices in Singapore are at an all-time high. Has the Singapore government stopped building the Housing and Development Board flats, which are similar to the Home Ownership Scheme? ... I wish to express my dissatisfaction with the government's erroneous housing policy. The chief executive said that only the prices of luxury properties were sky high and this would ...

  7. Draft property law allows abuse, says analyst

    Posted Jul 11th 2005, 12:00am by Staff Reporter

    ... if passed, would be the first specific legislation on property rights and represented important progress. 'Protecting property rights is a way to foster China's development, which is driven ... Chan Siu-sin Beijing has issued its long-expected draft on the first comprehensive legislation on property rights, which says the state could seize private property in the name ...

  8. Time for developers to accept new reality

    Posted Aug 12th 2011, 12:00am

    ... hegemony', a notion referring to the alleged dominance of big property developers over local politics and the economy. A new survey by the Chinese University's Institute of Asia-Pacific Studies ... of developers. This critique is most succinctly argued in Alice Pooh Wai-han's Land and the Ruling Class in Hong Kong, which has become the anti-property manifesto for young activists. Just ...

  9. News - China - 18th PARTY CONGRESS

    China's 2020 goal may fail unless core issues are tackled, say analysts

    Posted Nov 14th 2012, 12:00am by Victoria Ruan

    ... in the near term, saying the income distribution system would be adjusted "based on China's national conditions and basic stage of development". The reform of income structure has been ... for ordinary people to increase their wealth by buying property and making investments. Overbearing government control in areas such as land and market access would be "a deadly obstacle", he ...

  10. 'Convert factories into flats for poor'

    Posted Jun 26th 2012, 12:00am

    ... Joyce Ng joyce.ng@scmp.com Property tycoon Henry Cheng Kar-shun- the only business representative on a new poverty task force- says developers could help solve housing problems by converting disused factory buildings into interim homes for people on the long waiting list for public housing. This would enable developers to earn income from buildings that now lie idle while ...




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