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  1. News - Hong Kong - HOUSING

    Prosecutors get suspected breaches of flat sales from watchdog 'weekly'

    Posted Nov 13th 2014, 03:37am by CHEUNG CHI-FAI

    ... week' The watchdog that oversees sales of new flats says it files at least one case each week to government lawyers so they can consider prosecuting developers over suspected violations of sales ... by a successful trial in court." The department declined comment on the issue. The Residential Properties (First-hand Sales) Ordinance, in effect since April last year, governs the ways developers ...

    http://www.scmp.com/news/hong-kong/article/1638326/prosecutors-get-suspected-breaches-flat-sales-watchdog-weekly
  2. News - Hong Kong - HOUSING

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

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

    ... Olga Wong olga.wong@scmp.com Property specialists note that the government is pushing small developments to boost flat total High management fees likely for single-block homes The growing 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 ...

    http://www.scmp.com/news/hong-kong/article/1558541/high-management-fees-likely-single-block-developments-say-property
  3. 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
  4. News - Hong Kong - HOUSING

    2,160 cheap flats to go on sale next month

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

    ... as prices in the private market plummeted. Ranging from 345 sq ft to 475 sq ft, the flats are at developments in Sha Tin, Tsuen Wan, Tsing Yi and Yuen Long and will be ready in 2017, the source ... 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. 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

    ... Olga Wong and Samuel Chan Guidelines on sales tactics may be revised as it emerges that buyers may not be getting clear picture on flats with windows that don't open Developers in frame over fixed windows Revised guidelines on sales tactics may be issued to property developers after it emerged that some could be fudging information on flats- leaving homebuyers unaware ...

    http://www.scmp.com/news/hong-kong/article/1543207/developers-may-get-revised-guidelines-urging-clarity-fixed-windows
  6. Property - Hong Kong & China - HOUSING

    Rezoning hurdles slow residential land release

    Posted Sep 30th 2014, 03:57pm by Yvonne Liu

    ... professor Eddie Hui Chi-man said. "Many people worry new developments will affect the value and views of their own flats. Since Hong Kong is a high-density development, it is often difficult ... and is awaiting further information regarding the development of Science Park. Its proposal to rezone eight "greenbelt" sites in Tai Po to residential use received 6,321 objections in August. ...

    http://www.scmp.com/property/hong-kong-china/article/1604556/rezoning-hurdles-slow-residential-land-release
  7. News - Hong Kong - HOUSING

    URA cash injection to speed up development of 'small Taikoo Shing'

    Posted Feb 25th 2014, 04:16am by Olga Wong

    ... units of about 600 sq ft saleable area by 2019. In a next phase of redevelopment, offices and a 60-storey hotel are expected to be ready by 2021. "The variety of development in the project makes it a small Taikoo Shing, where flats, offices and hotels are readily accessible," Wan said, referring to the Swire development in Quarry Bay. There will be a viewing area on top ...

    http://www.scmp.com/news/hong-kong/article/1434334/ura-cash-injection-speed-development-small-taikoo-shing
  8. Property - Hong Kong & China - HOUSING

    Xiamen only city in mainland China to report growth in housing prices

    Posted Sep 18th 2014, 02:45pm by Yvonne Liu

    ... flat. Disappointing sales of new projects this month pressured the shares of mainland developers yesterday. KWG Property Holdings dropped 4.47 per cent to close at HK$5.56, the steepest fall among mainland developers. Wuzhou International Holdings and Sunac China Holdings declined 4.11 per cent and 3.75 per cent respectively. "September used to be the property market's ...

    http://www.scmp.com/property/hong-kong-china/article/1595357/xiamen-only-city-mainland-china-report-growth-housing
  9. Property - Hong Kong & China - HOUSING

    China's unsold housing stock soars 190pc over four years

    Posted Sep 16th 2014, 11:53am by Yvonne Liu

    ... than a year ago. Residential development is still the most popular investment for developers. About 68.1 per cent of investment in the property market is for residential development, up 12.4 per cent from a year ago. Investments in office and retail development grew 18.7 per cent and 22.9 per cent year on year to 338.4 billion yuan and 881.3 billion yuan, respectively. ...

    http://www.scmp.com/property/hong-kong-china/article/1593743/mainlands-unsold-housing-stock-soars-190pc-over-four-years
  10. Property - Hong Kong & China - HOUSING

    New home prices climb in Hangzhou and Guangzhou

    Posted Sep 16th 2014, 11:12am by Langi Chiang

    ... veteran. The mainland's property market started to falter under a glut and tight credit in February when two developers in Hangzhou slashed prices to boost sales. In recent months, almost 40 ... relaxation. Analysts expect local governments to do more, including cash subsidies, to help revive a housing market that is crucial to economic growth. They also said mainland developers needed ...

    http://www.scmp.com/property/hong-kong-china/article/1593144/new-home-prices-climb-hangzhou-and-guangzhou

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