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  • September 24, 2014
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  1. Property - Hong Kong & China - HOUSING

    Supply of Hong Kong flats below HK$3m drops

    Posted Sep 16th 2014, 11:27am by Sandy Li

    ... properties or tiny flats in old districts. Sammy Po Siu-ming, chief executive at Midland Realty's residential department, said it was nearly impossible to buy a new flat with this budget except ...

    http://www.scmp.com/property/hong-kong-china/article/1593176/supply-hong-kong-flats-below-hk3m-drops
  2. Property - Hong Kong & China - HOUSING

    New home prices climb in Hangzhou and Guangzhou

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

    ... a strategic plan to develop its Nansha new district into a high-end community for people working in prosperous Guangdong province as well as in Hong Kong and Macau. That pushed up the southern ...

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

    District council chiefs won't budge on rezoning plans after lunch with CY

    Posted May 24th 2014, 03:00am by Olga Wong

    ... Olga Wong olga.wong@scmp.com Chief executive's lunch with council chairmen fails to rally support for proposals that would help meet his ambitious housing target District chiefs won't budge on rezoning plans Three out of four pro-government district chiefs say they will not lend support to its ambitious housing plans, after Chief Executive Leung Chun-ying tried to lobby ...

    http://www.scmp.com/news/hong-kong/article/1519130/district-council-chiefs-wont-budge-rezoning-plans-after-lunch-cy
  4. News - Hong Kong - HOUSING

    Plans for flats on two Tai Po sites rejected

    Posted Jul 10th 2014, 04:30am by BRIAN YAP, Olga Wong

    ... to get past council Plans for more public housing flats in Tai Po came under attack from district councillors yesterday, with criticism ranging from a failure to consider transport infrastructure to obstructing views of existing estates. Two of the three sites were widely rejected at a Tai Po District Council meeting, dealing a setback to the Housing Authority, the government's developer ...

    http://www.scmp.com/news/hong-kong/article/1550583/plans-flats-two-tai-po-sites-rejected
  5. 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

    ... hall at the city's Administrative Service Centre. A lot in the Tongan district, described as the last waterfront site on Xiamen's outskirts, was sold to Poly Real Estate for 3.38 ... representing 10,318 yuan per square metre, marked the first time land prices in the district had pierced the 10,000 yuan mark. "The fierce bidding and higher land cost indicate that Xiamen home ...

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

    Kwai Tsing council rejects government's housing plans

    Posted May 09th 2014, 03:36am by FANNY W. Y. FUNG

    ... Fanny W. Y. Fung fanny.fung@scmp.com Kwai Tsing council turns down housing plan District councillors have dealt a setback to government plans to build about 13,500 public flats in Kwai Chung and Tsing Yi. Kwai Tsing council unanimously passed a motion yesterday opposing rezoning 13 sites selected for the flats unless traffic and other issues were resolved. Councillors said ...

    http://www.scmp.com/news/hong-kong/article/1507636/kwai-tsing-council-rejects-governments-housing-plans
  7. News - Hong Kong - HOUSING

    Demand will ensure private flats are built, says Paul Chan

    Posted Mar 15th 2014, 04:11am by Olga Wong

    ... came to nothing. The latest setback occurred on Thursday, when the Kwai Tsing district council shot down a government proposal to rezone three public sites in order to build 1,320 private ... the housing target. Added to that was opposition to rezoning that had emerged in the Sham Shui Po and Tai Po district councils over the past few months. The concerns involved possible adverse impact ...

    http://www.scmp.com/news/hong-kong/article/1448827/demand-will-ensure-private-flats-are-built-says-paul-chan
  8. News - Hong Kong - HOUSING

    Plan for 215,000 new flats eats into Hong Kong's green belts

    Posted Jan 24th 2014, 04:18am by Olga Wong

    ... and 14 in Yuen Long. There are 11 in Sha Tin and six in North District. Those five districts are expected to provide 129,800 flats, or 60 per cent of the total obtained from rezoning and equivalent to almost one-third of the target. Twelve sites in Sai Kung will be rezoned to allow for 25,300 flats. Fourteen sites in Southern District will be rezoned for the building of 10,400 flats. ...

    http://www.scmp.com/news/hong-kong/article/1412134/government-paper-shows-152-sites-where-215000-flats-will-be-built
  9. News - Hong Kong - HOUSING

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

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

    ... of the hotel, the tallest building in the district. Wan said the authority had studied an option that divided the podium and flats into separate projects, allowing smaller developers to participate, ... With these selling at an average of HK$13,000 per sq ft of saleable area, a 600 sq ft flat in the new project would cost HK$8 million or more. Kwun Tong district councillor Nelson Chan Wah-yu said the flats ...

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

    Lawmakers say housing target is unrealistic

    Posted Jan 29th 2014, 04:29am by Olga Wong

    ... Olga Wong olga.wong@scmp.com Plan to rezone green areas and community sites 'risks backlash at the district level' Lawmakers say housing target is unrealistic Lawmakers have ... including green-belt areas and community sites- could be rezoned successfully without district opposition. "There are too few community facilities in almost every district. How realistic ...

    http://www.scmp.com/news/hong-kong/article/1415974/lawmakers-say-housing-target-unrealistic

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