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  • August 2, 2014
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  1. Property - International - HOUSING

    Permits for future US home construction surge 6.2 per cent

    Posted Nov 27th 2013, 03:33am by Reuters

    ... Reuters in Washington and New York Surge in permits for future US home construction Permits for future US home construction rose to their highest level in nearly 51/2 years last month, ... slowed the pace of home sales, but demand for accommodation as household formation continues to recover from multi-decade lows is expected to support residential construction. In another closely ...

  2. Property - Hong Kong & China - HOUSING

    Tai Po apartment project sells 400 Mont Vert units in first day despite 'no viewing' rule

    Posted Jul 27th 2014, 05:26am by Langi Chiang

    ... for buyers. The company said earlier that it was not safe to let people in for viewing as construction was continuing on the site. ...

  3. News - Hong Kong - HOUSING

    Building renovation scheme targets criminals in construction trade

    Posted Sep 05th 2013, 12:00am by SAMUEL CHAN

    ... Samuel Chan samuel.chan@scmp.com RenoSafe programme launched amid rising criminal involvement in renovation work Scheme targets triads in building trade As the age of Hong Kong's buildings creeps up and renovations are increasingly required, opportunities for criminals to cash in on the construction trade are growing, according to police. But yesterday a new initiative, ...

  4. News - Hong Kong - HOUSING

    Target for construction of public rental flats too low, adviser says

    Posted Jun 20th 2013, 12:00am by Joyce Ng

    ... construction target. The consultant forecast demand for new private flats in the range of 128,700 to 191,000 over the same period. The government's Long-Term Housing Strategy Steering Committee ... and people who live in poor conditions and need better housing. The government has targeted the construction of 79,100 public rental flats by 2017 and a further 100,000 between 2018 and 2022- a total ...

  5. News - Hong Kong - HOUSING

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

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

    ... However, the report also stated that the sites were already formed and primed for immediate public housing construction. Despite the government's pledge to retain sites created ...

  6. News - Hong Kong - HOUSING

    Public flat tenants face 10pc rent rise

    Posted Jul 03rd 2014, 03:26am by Olga Wong

    ... The authority is facing a growing financial burden as the government pushes it to build 200,000 public rental flats in the next decade, a problem made worse by rocketing construction costs. The cost ...

  7. News - Hong Kong - HOUSING

    Leung to increase construction of public housing flats by a third: source

    Posted Jan 12th 2013, 12:00am by Olga Wong and Stuart Lau

    ... Olga Wong and Stuart Lau Chief executive likely to boost annual number of flats available to needy by a third, says source CY to increase public housing construction Chief Executive Leung Chun-ying was expected to raise the target for the construction of public housing flats by a third when he delivers his first policy address on Wednesday. A person close to Leung said the target ...

  8. News - Hong Kong - HOUSING

    Public-flat funding 'no longer works'

    Posted Jun 13th 2014, 04:48am by FANNY WF FUNG

    ... between 2017 and 2019 would yield little more than the cost of their construction. The figures, collated by Dr Lau Kwok-yu, of City University's department of public policy, were revealed ... to be completed between 2017 and 2019, will together provide a total of 8,728 flats. The construction cost of each flat is estimated at between HK$1.03 million and HK$1.67 million. After deducting ...

  9. News - Hong Kong - HOUSING

    Developers may get revised guidelines urging clarity on fixed windows

    Posted Jun 30th 2014, 05:06am by Olga Wong, SAMUEL CHAN

    ... than a quarter of the 384 flats will then be exposed to 76dB from the traffic below, the assessment says. Cheung Kong said the flats were constructed according to the approved plan. In the case ...

  10. News - Hong Kong - HOUSING

    An open-and-shut case? Not for some homebuyers

    Posted Jun 30th 2014, 05:06am by Olga Wong

    ... windows in her much-anticipated new marital home, still under construction, were to be noise barriers to satisfy government conditions and were therefore not meant to be opened. Ho said she had ...




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