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  • August 28, 2014
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  1. News - Hong Kong - HOUSING

    No rush for bargain flats on Lantau with sky-high management fees

    Posted Aug 28th 2014, 04:56am by FANNY FUNG

    ... Fanny W. Y. Fung fanny.fung@scmp.com Majority of applicants given priority to buy cheap public flats opt against picking a home on first day- but some just can't wait to live ... family lives in a 300 sq ft public rental flat in Sha Tin, said he was surprised to learn of the management fee, but decided to go ahead as the location and price were still attractive. "I ...

    http://www.scmp.com/news/hong-kong/article/1581244/no-rush-bargain-flats-lantau-sky-high-management-fees
  2. News - Hong Kong - HOUSING

    More than 100,000 families with children in queue for public rental flats

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

    ... on the waiting list increased from 320,900 in June 2011 to 459,800 last December. The government puts the average waiting time at three years. Many low-income families are meanwhile forced to live ... for public housing is under HK$2,000 a month, and the average living space per person is about 138 sq ft. Between April and July, Soco conducted a survey of 125 children living in poverty. ...

    http://www.scmp.com/news/hong-kong/article/1580445/100000-children-queue-public-rental-flats
  3. 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

    ... of the buyers lived in Tai Po or nearby parts of the northeastern New Territories, which had suffered from a low supply of accommodation in the past decade. "Many self-use buyers are trading up ...

    http://www.scmp.com/property/hong-kong-china/article/1560101/tai-po-apartment-project-sells-400-492-mont-vert-units
  4. Property - Hong Kong & China - HOUSING

    Strong bidding for Xiamen land points to continued home price rises

    Posted Jul 18th 2014, 02:52am by Sandy Li

    ... they could buy a first home. However, a Xiamen Bureau of Land Resources and Real Estate Management spokesman said restrictions on home purchases in the city were still in place and that there had ...

    http://www.scmp.com/property/hong-kong-china/article/1555915/strong-bidding-xiamen-land-points-continued-home-price
  5. News - Hong Kong - HOUSING

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

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

    ... that she had also sought advice from an estate-agent friend. "What a surprise …" she said, on learning from the South China Morning Post that three windows in the living room and two ... the windows, because the design was not on the floor plan. "Given Hong Kong's scarce land resources, fixed windows would help maximise building opportunities," Institute of Surveyors ...

    http://www.scmp.com/news/hong-kong/article/1543200/open-and-shut-case-not-some-homebuyers
  6. News - Hong Kong - HOUSING

    Public flat tenants face 10pc rent rise

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

    ... the authority's resources?" the source said yesterday. Authority officials review rents every two years and must link rises to the income levels of tenant households, with a maximum rise of 10 per ...

    http://www.scmp.com/news/hong-kong/article/1545118/housing-authority-set-increase-rents-public-flats-10-cent
  7. News - Hong Kong - HOUSING

    300 buyers compete per flat in Lantau scheme

    Posted Jun 25th 2014, 04:49am by Olga Wong

    ... they have a 300 to one chance of securing one of the flats in the tourist village of Tai O, on the western coast of Lantau Island. Another 52 flats are being offered to buyers living in public ...

    http://www.scmp.com/news/hong-kong/article/1539828/300-buyers-compete-flat-lantau-scheme
  8. News - Hong Kong - HOUSING

    'My flat is 30 sq ft and infested with bugs': Poor forced into dismal housing shows need for rent control

    Posted May 04th 2014, 09:11pm by SAMUEL CHAN

    ... the idea of a permanent home is like a distant dream. Rent increases have forced him to move three times in the past year. The 56-year-old lives on government welfare of about HK$4,000 a month ... low-income families living in rented, sub-divided or substandard apartments across the city, about 90 per cent hoped for rent control measures to be introduced. Over 70 per cent of respondents were ...

    http://www.scmp.com/news/hong-kong/article/1504425/my-flat-30-sq-ft-and-infested-bugs-poor-forced-dismal-housing-shows
  9. News - China Insider - HOUSING

    Younger generation in Beijing increasingly dependent on parents for housing, poll says

    Posted Apr 29th 2014, 06:22pm by Chris Luo

    ... a latest study has revealed. Over 76 per cent of college graduates in employment under the age of 34 do not own their own house, with one in four of these living with their parents, according ... While most of the younger working generation have ended up living in houses available to rent by groups, or in cheap under-ground apartments, just 4.6 per cent live in public-rental houses set ...

    http://www.scmp.com/news/china-insider/article/1500042/younger-generation-beijing-increasingly-dependent-parents-housing
  10. News - China - HOUSING

    One dead in Ningbo apartment collapse

    Posted Apr 05th 2014, 03:35am by STEPHEN CHEN

    ... in intensive care in hospital. The collapse occurred at 9am when most residents were either commuting to work or preparing for the upcoming Ching Ming festival. People living on the ground floor heard ... officials admitted the building received a "C" rating after last month's check, indicating structural problems made parts of the building unsuitable for living. Professor Yan Peiyu, ...

    http://www.scmp.com/news/china/article/1465145/one-dead-ningbo-apartment-collapse

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