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  • November 29, 2014
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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

    ... a controversial rent-to-buy scheme, formally known as the My Home Purchase Plan, in 2010. Under the scheme, the government let middle-income families rent Housing Society flats for as long as five years ... about 263,800 families and individuals on the waiting list for public rental housing. The average waiting time for applicants was 3.1 years. The monthly income limit for a single person ...

  2. News - Hong Kong - HOUSING

    2,160 cheap flats to go on sale next month

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

    ... in the private sector. "White form" applicants for family homes must have an income of no more than HK$46,000 per month and assets of no more than HK$1.01 million. For single applicants, ... of flats given to families versus single people, saying the Housing Authority would discuss the matter further. "But we would consider giving more priority to the families," one source ...

  3. News - Hong Kong - HOUSING

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

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

    ... Patsy Moy patsy.moy@scmp.com 100,000 children's families in queue for public rental flats The number of children whose families are in the queue for public housing has jumped 30 per cent in three years and now tops 100,000, a welfare group says. A family of four now has to wait six to seven years on average to be allocated a public rental flat despite a pledge by Chief ...

  4. 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

    ... for people and families too poor to buy privately but too well off for public housing. Some 12,500 applicants joined a ballot to buy the flats, with families that had at least one elderly member ... 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 ...

  5. Property - Hong Kong & China - HOUSING

    Gap between used home prices in Beijing, Shanghai continues to narrow

    Posted Jun 17th 2014, 03:06pm by Langi Chiang

    ... family can buy. The central bank has urged lenders to speed up the approval of mortgage loans for buyers of first homes. "But commercial banks have been slow to respond," CTC said. Data ...

  6. News - China - HOUSING

    Evicted villagers stage mass break-in to seize new Beijing apartments ‘as compensation’

    Posted May 22nd 2014, 12:55pm by Keira Lu Huang

    ... the demolition of their former homes began in 1995. Under an original compensation plan, widely accepted by villagers at the time, a new property based on family size and the value of their demolished ... A villager told the Beijing Times he had five new flats coming after his eight-member family agreed to leave in 2008. He's only received two- even though the flats stand ready. As one might ...

  7. 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

    ... 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 ...

  8. 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

    ... issued policies several years ago to toughen up the requirements to buy houses using payment installations. It also limited each Beijing permanent-resident family to owning no more than two houses (unless they had already owned multiple properties prior to the new measures) and allowed migrant families who had worked in Beijing for at least five years to buy one property. ...

  9. News - Hong Kong - HOUSING

    Rent control would ease burden of poorest, finds family services report

    Posted Feb 19th 2014, 03:58am by Jennifer Ngo

    ... Jennifer Ngo jennifer.ngo@scmp.com Rent control can ease poor's burden: report The government is being urged to consider rent control measures after a family services report found they would benefit the poorest members of society. Commenting on a Christian Family Service Centre report that found poor families in the Kwun Tong area spent about half of their monthly household ...

  10. News - Hong Kong - HOUSING

    Panel suggests prefabricated housing for families in subdivided flats

    Posted Feb 18th 2014, 01:07am by Olga Wong, NG KANG-CHUNG

    ... Olga Wong and Ng Kang-chung Panel suggests temporary solution for those in subdivided flats Prefab flat plan for needy families Advisers have suggested building temporary housing on vacant sites for families living in subdivided flats. This is among recommendations released yesterday by the Long-term Housing Strategy Committee, which also cautioned against rent controls ...




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