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  • November 26, 2014
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  1. Sichuan capital in U-turn on its home sales policy

    Posted Nov 24th 2011, 12:00am

    ... relax its home restriction policy in the next two years. The granting and registration of housing ownership certificates normally starts two years after the pre-sale of a residence. On Monday, ... Peggy Sito peggy.sito@scmp.com Less than two weeks after announcing an easing of home purchase procedures, Chengdu, the capital of Sichuan province, has done an about-face, and reverted ...

  2. Loophole on flat prices to be closed

    Posted Jul 27th 2011, 12:00am

    ... was not listed in the sale and purchase agreement of the flat. Annette Lee Lai-yee, deputy secretary for transport and housing, said the government had noted the case. She said that under the Lands ... the legislation is in place, we will be able to deal with them clearly,' she said. Lee said the steering committee looking at the sale of new flats had preliminarily agreed developers should make ...

  3. Providing land to build 40,000 flats a year offers would-be buyers hope

    Posted Oct 13th 2011, 12:00am

    ... term. Still, they welcomed the decision to form a land reserve sufficient to provide each year sites on which 40,000 homes can be built. These would comprise homes for private sale, subsidised ... at any time, the supply of 40,000 units can meet annual demand,' said Koh. 54% The drop in the number of home sales last month from a year earlier- the ninth fall in a row. The value ...

  4. Talking points

    Posted Nov 21st 2011, 12:00am

    ... changing nation. Secondary housing market a gauge of US economy Figures on sales of existing homes in the United States due out tonight provide a guide to the strength of housing demand and of the underlying economy. These figures tally the number of sales completed last month of previously constructed homes, condominiums and co-ops. Existing homes account for a larger share of the market than ...

  5. Subsidised flats to be sold

    Posted Sep 22nd 2005, 12:00am by Staff Reporter

    ... Staff Reporter The Housing Society is planning to sell more than 2,700 empty subsidised flats when the freeze on sales of Home Ownership Scheme units is lifted in 2007. A source ... to resume sales of the remaining 10,000 Home Ownership Scheme flats when the suspension expires in 2007. These flats would also be sold in batches of 2,000 units each year. Separately, the Housing ...

  6. Leung under fire on housing vow

    Posted Jul 12th 2012, 12:00am

    ... homes,' he said. Mainland buyers accounted for 10.6 per cent of private homes sales in the first quarter of this year, according to an estimate by Centaline Property. If the count is limited ... Joyce Ng and Colleen Lee Lawmakers accused Chief Executive Leung Chun-ying of abandoning his pledge to restrict flat sales to local buyers after his housing chief yesterday appeared ...

  7. 89pc want HOS scheme revived

    Posted Apr 26th 2010, 12:00am by Joyce Ng

    ... the government to provide more subsidised homes for sale, relax the income limit for HOS flat applicants and resume the loan scheme for first-time buyers. Separately, Executive Council convenor Leung ... Joyce Ng Nearly 90 per cent of people are in favour of subsidised homes being built, a survey has found. A number of government measures were unveiled last week to cool the property ...

  8. Flat brochures must give full details: official

    Posted Jul 04th 2006, 12:00am by Dennis Eng

    ... Dennis Eng Sales brochures for new homes need to clearly inform potential buyers of all relevant aspects of a purchase and include updated pricing information, an official said yesterday. Permanent Secretary for Housing, Planning and Lands Thomas Chan Chun-yuen said sales brochures for new properties, especially uncompleted flats, should accurately detail the saleable area, including ...

  9. No plans to resume sales of HOS flats before 2007: Suen

    Posted May 30th 2005, 12:00am by Staff Reporter

    ... STAFF REPORTER Updated at 6.42pm: Secretary for Housing, Planning and Lands Michael Suen Ming-yeung said on Monday the government had no plans to resume sales of its Home Ownership Scheme flats earlier than 2007. There have been calls recently in Hong Kong for the resumption of sales of HOS flats- as the territory's property market continues to show a steady recovery. ...

  10. British tax cuts likely to benefit investors

    Posted May 19th 2010, 12:00am by Richard Warren

    ... This would lead to a flurry of sales of homes at this price level between now and next April when the change will come into force, he forecast. Vendors of British property will also benefit from the new government's plan to abolish home information packs (HIPs), which cost sellers about GBP400 to prepare. This change will speed up the sales process too, because an HIP takes at least ...




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