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  • November 25, 2014
  • Last updated: 8:43am
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  1. House prices to be treated cautiously

    Posted Jun 26th 2012, 12:00am

    ... Although some projects will not be completed until 2031, the determination shown by Leung will boost the confidence of many who are hoping for stronger measures to bring house prices back ... is understandable. Leung has community support in tackling soaring property prices. What he needs is to do it at a pace acceptable to the stakeholders. Now that public expectations for a better housing ...

  2. Wen promises to curb house prices

    Posted Mar 06th 2007, 12:00am by Minnie Chan

    ... Minnie Chan in Beijing Premier urges developers to build for low-income families Premier Wen Jiabao yesterday vowed to curb soaring property prices and build more housing for low-income ... on developing low-cost apartments for ordinary people. 'The government will pay particular attention to addressing problems of housing of low-income families,' he said. 'We will provide ...

  3. Influx of capital, not supply of housing, is driving up prices

    Posted Nov 13th 2009, 12:00am by Staff Reporter

    ... the Asian financial crisis of 1997, the government built many housing estates. Tens of thousands of HOS flats were sold every year. At that time, however, property prices were at an all-time high. ... is the main factor driving today's extremely high property prices. Increasing the number of HOS flats will not suppress property prices. Building a private housing estate takes at least two ...

  4. Housing chief attacked over flat pricing move

    Posted Apr 03rd 2007, 12:00am by Anita Lam

    ... for calculating flat prices, the housing chief told lawmakers yesterday. But this cannot happen until the government and developers agree on a definition of saleable area. Permanent Secretary for Housing ... of Legco's housing panel that the government was working to standardise the term with property developers. 'If we come to a consensus on what is saleable area, we can then ask the developers ...

  5. Local officials urged to implement price-control policies for housing

    Posted Mar 15th 2011, 12:00am by Celine Sun

    ... Celine Sun Premier Wen Jiabao urged local officials to play their part in curbing rocketing housing prices and implement tightening policies launched by the central government. ... of housing price-control policies and urge them to take up their responsibility seriously.' Beijing is keen to rein in surging property prices, which have increased inflationary pressures ...

  6. 'Housing slaves' appeal to Beijing for pricing relief

    Posted Mar 16th 2007, 12:00am by Staff Reporter

    ... to the owner of a gift shop, with an annual income of about 100,000 yuan. 'Housing prices are the biggest headache for people like me, who earn a mid-level income in urban areas. The dream to own ... up even further,' Mr Liu said. Concerns about housing prices are also prominent in the media. In special columns soliciting questions for Mr Wen, property prices were one of the most ...

  7. UK homes plan no cure for rising prices, critics say

    Posted Aug 27th 2003, 12:00am by Richard Warren

    ... British lenders believe moves to build more houses will not quell undersupply British government plans to build 300,000 homes in southeast England will not stop property prices rising ... by 2016. This comes on top of existing government plans to build 1.1 million homes in the southeast. But mortgage lenders believe this massive increase in housing stock will not stop prices ...

  8. Outcry over flats sold to officials at low prices

    Posted Apr 11th 2009, 12:00am by Staff Reporter

    ... feel the prices are very low because housing prices have increased sharply since 2006.' He also claimed that the sale of the flats did not represent preferential treatment to government ... September. 'We are just waiting for the city government's reply on their reappraisal of those housing prices,' he said. A city government spokesman said yesterday that he could ...

  9. Qingdao party chief fired from all posts

    Posted Dec 25th 2006, 12:00am by Staff Reporter

    ... is expected to accelerate even further after the city was chosen to host some of the water sports events for the 2008 Beijing Olympics. But many residents have complained about soaring housing prices ... Du has publicly denied the property sector showed signs of overheating. One resident said: 'He hasn't done much for the Qingdao people. He did nothing to rein in the housing prices ...

  10. Ex-Shenzhen official gets high Hubei post

    Posted Dec 07th 2007, 12:00am by Staff Reporter

    ... the biggest increase in property prices in recent years, which was widely blamed for driving up inflation. Mainland media have reported an exodus of migrant workers and skilled professionals from the city because of the high living costs and runaway housing prices. Mr Li, a native of Shandong, joined the Communist Party in 1976. He was the party chief of Huizhou in 2000, was deputy governor ...




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