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  • November 24, 2014
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Results 1 - 7 of 7 for home sales

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  1. Vote on demolition probe is delayed

    Posted Dec 09th 2004, 12:00am by Ambrose Leung, Klaudia Lee

    ... relevant parties. The controversial decision to knock down seven never-occupied blocks of flats, built under the home ownership scheme, came after the government halted their sale to prop up ...

  2. U-turn on Hunghom 'a victory for the people'

    Posted Dec 11th 2004, 12:00am by Ambrose Leung, Jimmy Cheung, Klaudia Lee

    ... to make a $6.2 billion profit if the site had been redeveloped as luxury flats. The decision to knock down the seven blocks of flats, built for sale under the Home Ownership Scheme, was taken ... to investigate the matter. 'This should really signal the end... although we still need to find out whether any officials had neglected their duties. The public is still concerned with the sale ...

  3. Minister opposes estate demolition

    Posted Dec 01st 2004, 12:00am by Ambrose Leung, Elaine Wu

    ... plans from the developers and pledged to monitor developments. A government spokesman would not say whether Dr Liao had opposed the sale of the estate, which occurred in February after flat sales under the Home Ownership Scheme were suspended. Other officials and legislators also attacked the plan. The main parties also said they opposed creating unreasonable waste. Green groups ...

  4. People power saves Hunghom flats

    Posted Dec 11th 2004, 12:00am by Ambrose Leung, Peggy Sito

    ... 'clear restrictions' in Special Condition 11(a) of the condition of sale that prevented changes to the original layout without government approval. The letters include a contract document ... It is understood the developers will spend six months renovating the buildings for sale. The developers said they had acted entirely within their legal and contractual rights at every stage. They said ...

  5. Democrats press for demolition inquiry

    Posted Dec 02nd 2004, 12:00am by Ambrose Leung

    ... pro-government politicians. The flats, part of the Home Ownership Scheme, were sold to Sun Hung Kai Properties and New World Development at a 'knockdown' price of $864 million in land premiums after the scheme was suspended last year. The plan to pull down 2,470 flats in seven blocks, disclosed after the sale in February, has brought a chorus of outrage from government officials, ...

  6. More relief measures to come, unionists told

    Posted May 08th 2009, 12:00am by Ambrose Leung

    ... night. Mr Wong also said Mr Tsang was 'especially concerned' about issues such as the lack of transport subsidies for workers working far from their homes, and the need for more ... of 10,000 temporary jobs and the issuing of 1,500 hawker licences. The union also proposed a waiver of public housing estate tenants' rents and distribution of transport subsidies and sales ...

  7. Tsang's budget draws fire from all sides

    Posted Feb 26th 2010, 12:00am by Ambrose Leung

    ... for failing to help either the grass roots or the middle class to buy homes. 'Even a flat in Yuen Long cost HK$6,000 to HK$8,000 a square foot,' one caller said. 'How can university graduates, who earn only HK$10,000 a month, buy a home?' A teacher who said she lived in a public flat said the budget did not address rising property prices. 'I want to improve my ...



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