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  • September 19, 2014
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  1. The market knows best on housing supply

    Posted Jul 03rd 2003, 12:00am by Jake Van Der Kamp

    ... Tien Pei-chun saying the economy will stay in the doldrums unless prices go up by at least 50 per cent. They agree, however, that we should freeze land supply and this is where they could apply some thought. Let us look at the historical record on what has happened when government intervened in the market either to boost low property prices by reducing the supply of flats or to reduce ...

  2. But does supply really matter?

    Posted Oct 08th 2003, 12:00am by Staff Reporter

    ... saying there was insufficient housing supply then and rushed into buying flats,' he said. 'A lot of analysts who say oversupply is a problem to property prices actually have not experienced a boom. They did not see what was happening before 1997.' Mr Lam said housing supply fell short of demand as the government suspended land sales. Increasing domestic demand alone ...

  3. Homes supply

    Posted Oct 21st 2003, 12:00am by Staff Reporter

    ... Reining in the supply of new homes is the government's way of restoring public confidence in the property market. With the ubiquity of empty flats and residential property prices low, reducing the supply may be the most efficient method of stimulating the market. In the short run, though demand from speculative investors may increase, property prices will not drastically rise. ...

  4. Measures to limit flats' supply expected today

    Posted Oct 15th 2003, 12:00am by Carrie Chan, Chloe Lai

    ... Measures to limit the supply of flats are expected to be announced by the government today. It is understood the government will give developers an extra year to bring flats to market. ... stages' so the market would not be upset by a sudden increase in land supply. 'In the past, there used to be a few dozen sites on the land sales application list. That won't be happening ...

  5. Survivors of Xinjiang quake finally get supplies

    Posted Dec 05th 2003, 12:00am by Staff Reporter

    ... Chow Chung-yan More than 16,000 people in Xinjiang whose homes were destroyed by an earthquake on Monday have finally received much-needed relief supplies after living in sub-zero temperatures without proper shelter. The quake, which struck Zhaosu county near the border with Kazakhstan, killed 10 people and destroyed hundreds of houses. About 16,600 people, mostly herdsmen, were ...

  6. Developer says preference for rail firms in land supply is outdated

    Posted Jul 24th 2003, 12:00am by Peggy Sito

    ... A major property developer has joined a growing debate over the government's preferential land supply policy for Hong Kong's two railway firms, saying it is outdated. Hang Lung ... comments come as an increasing number of developers are urging the government to squeeze land supply for the two railway firms and postpone sales of their projects in a bid to boost the slumping ...

  7. Wang Sing resolves local supply dispute

    Posted Oct 06th 2003, 12:00am by Toh Han Shih

    ... With the deal, the power-tool producer gets to work on a cost-cutting plan Wang Sing International is proceeding with a strategy to reduce its reliance on third-party manufacturers after mainland local governments intervened in a dispute. The Hong Kong-listed maker of power tools aims to increase in-house manufacturing from 40 per cent to 80 per cent to reduce costs, managing ...

  8. Focus turns to families in need

    Posted Dec 23rd 2003, 12:00am by Vanapa Ongvises

    ... Vanapa Ongvises The government pledges adequate supply and reasonable waiting periods Providing families in need with accommodation will be the focus of the public housing programme ... On the basis of these factors as well as an estimated annual supply of more than 10,000 refurbished flats from the existing public rental housing stock, the government expects to maintain the average ...

  9. Outlook rosy for Shanghai

    Posted Aug 27th 2003, 12:00am by Peggy Sito

    ... period,'' the JP Morgan report said. The strong performance was helped by supportive measures by the government, which regulates demand and supply in the housing sector. Last week, the city government announced that it would launch 50 parcels of sites for housing development, after the granting of 38 sites last month. JP Morgan said the increase in land supply was aimed at regulating ...

  10. Minister reworks sums to show housing market is tightening

    Posted Aug 01st 2003, 12:00am by Chloe Lai

    ... The supply of new flats is falling and there should be light at the end of the tunnel 'very soon', Hong Kong's housing minister said yesterday. In case that doesn't do ... - although they were still scheduled to build up to 66,000 flats along new and recently built rail lines. The Housing Authority and Housing Society also would not be adding to the supply of flats. Mr ...




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