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  1. Volume slump foreshadows slide in HK property prices

    Posted Nov 03rd 2011, 12:00am

    ... to hang back from the market. So far, prices have held up. The market's measure of choice- the City-Centa leading index- has eased by a modest 2.6 per cent from its June high, but prices ... transaction volumes have turned negative in year-on-year terms, the fall has been followed several months later by a year-on-year decline in prices. If the same pattern is repeated now, home prices ...

  2. C.Y.'s housing plan falls flat on credibility

    Posted Jan 10th 2012, 12:00am

    ... and keep property prices at a reasonable level. SCMP, January 6 For a professional property man, C.Y. Leung has a way of coming out with some odd proposals for the property market. Perhaps we ... shall also not mention that the Executive Council, of which Mr Leung was long the convenor, took a very long time to realise that driving up local property prices by giving mainlanders Hong Kong ...

  3. Planning ahead for public housing must include developing the New Territories

    Posted Oct 14th 2011, 12:00am

    ... I refer to the article ('Final address must tackle housing issue', October 12). It was unfortunate that, under our first chief executive, an extreme policy of building 85,000 public flats a year was adopted, leading to a crash of property prices and a local economic recession. On the other hand, our present chief executive adopted the opposite extreme of suspending ...

  4. Housing concerns begin at home

    Posted Jun 18th 2011, 12:00am

    ... Beijing's director of Hong Kong affairs, Wang Guangya, says our city urgently needs to sort out our housing issue. He might have been sharing a home truth. The mainland aims to build ... On the mainland and in Hong Kong, even the politically sensitive middle class is complaining that the price of a first home is increasingly out of reach. It was not clear whether Wang was directing his ...

  5. Peak price sought for redeveloped Genesis homes

    Posted Apr 27th 2005, 12:00am by Staff Reporter

    ... during the heyday of Hong Kong's property market held the record for the world's most expensive property? While the two houses for sale at 21 Severn Road are unlikely to sell at prices ... price of $32,000 per sqft for one of the 6,000 sqft houses. The unit price beats the existing record of $31,300 per sqft for a penthouse in The Arch, sold earlier this month. Shimao China bought ...

  6. Expats search for 'house in the sun'

    Posted Oct 29th 2003, 12:00am by Peggy Sito

    ... residential market, with prices on The Peak surging 20 per cent since May. The attractions of buying a home in Hong Kong were increasing for expatriates as house prices in their own countries ... Clear Water Bay and Discovery Bay were popular choices among expatriate westerners, Midland Realty senior sales manager Ivan Tsang said. Hong Kong house prices were exceptionally low compared ...

  7. Why building more flats may not lead to a drop in prices

    Posted Aug 02nd 2010, 12:00am by Olga Wong

    ... Siu-fai, a University of Hong Kong professor who studies population issues, urged the government to provide more subsidised housing, which should be priced based on people's purchasing power. He said the practice of selling subsidised housing at a discount to the price of private flats is unfair, as the market has risen while the median monthly income has remained unchanged ...

  8. Price isn't everything, but such errors are farcical

    Posted Nov 28th 2010, 12:00am by Staff Reporter

    ... as if it was part of the original complex was put up to house a row of shops. Fountains were built and marble flooring laid. Only the observation tower was retained for all-comers to look over. So price ... would have allowed the public- and stock analysts- to better compare the deal to other prices in the vicinity. And while we can't roll back the clock, we can certainly put in a full effort ...

  9. Electronic road pricing revamp essential for relaxing car quotas

    Posted Sep 19th 2008, 12:00am by Staff Reporter

    ... and Housing, Eva Cheng, whether she would 'consider a territory-wide ERP [electronic road pricing] system to exert control over where these vehicles will go in Hong Kong and what type of engine ... Transport and Housing Bureau has confirmed that it is looking at 'the feasibility of relaxing the current quota system for cross-boundary vehicles' ('Macau won't let in HK, ...

  10. High property prices weaken competitiveness

    Posted Apr 21st 2010, 12:00am by Staff Reporter

    ... is not easy to gauge. Now, an international survey has brought some clarity, revealing our housing to be the most unaffordable and increasingly so. This is a good time to consider the dominant role ... Those who already own it constantly talk about valuations, while people without the means to buy complain high prices make home-ownership unaffordable. The government has come under pressure ...




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