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  1. Housing supply going flat

    Posted Apr 29th 2004, 12:00am by Peggy Sito

    ... in an apparent about face, Housing, Planning and Lands chief Michael Suen Ming-yeung said yesterday the forecast supply would be about 16,000 for 2006 and 7,000 for 2007. In a bid to play down ... Peggy Sito The government has had a change of heart over the release of its provisional estimate for new housing coming on to the market in 2006. However, its forecast of 16,000 new flats ...

  2. Housing supply concerns unsettle property plays

    Posted Jun 22nd 2004, 12:00am by Staff Reporter

    ... Anette Jonsson Hong Kong blue chips finished slightly lower in thin volumes yesterday as worries over new housing supply weighed on property stocks. Worries that demand for China-related ... five big housing projects with more than 13,600 flats up for tender next year, falling 0.81 per cent to $61.25. Worries that the additional supply would stall the current price recovery also ...

  3. ICAC accuses executives of bribery and fraud over housing supplies

    Posted Jun 04th 2004, 12:00am by Staff Reporter

    ... Benjamin Wong Six senior executives from companies that supplied building equipment to the Housing Authority were last night charged by the ICAC over bribery and falsifying purchase ... controller from five different Housing Authority suppliers- had allegedly offered bribes totalling $1.9 million to officers of the Housing Department. The six defendants, aged between 37 and 68, have ...

  4. Government's housing figures supply further space for laughter

    Posted Nov 24th 2004, 12:00am by Jake Van Der Kamp

    ... with Jake van der Kamp YOU MAY RECALL seeing the headline on the lead story of our front page on Saturday- 'Flats data demolishes housing supply fears'. The reason ... York or London. Leave alone the detailed statistical series put out by government- broken down for almost every conceivable category of supply, demand and price, and which covers every sort ...

  5. Flats data demolishes housing supply fears

    Posted Nov 20th 2004, 12:00am by Chloe Lai

    ... at improving the transparency of the supply side of the private housing market. 'We are putting up some hard figures here, including the actual number of new units under construction as well ... Chloe Lai Government figures show decline in construction but 63,000 units available The residential property market has an abundance of supply- with 15,000 completed flats still unsold, ...

  6. Lack of supply will drive up housing prices in Beijing

    Posted Nov 17th 2004, 12:00am by Sandy Li

    ... Sandy Li Beijing's residential market will face a sharp fall in new supply over the next two years following the central government's prohibition on private land sales, which has ... Consultants' Beijing office director Dickson Wong Hung said home prices in Beijing had increased only 10 per cent this year. He said insufficient new residential supply and rising demand driven ...

  7. Beijing housing prices pegged down by supply

    Posted Oct 20th 2004, 12:00am by Staff Reporter

    ... credit-tightening policy, Beijing has experienced only modest price growth. Market watchers have attributed the difference to sufficient supply in the capital and active investment activity in Shanghai. ... growth in the first nine months. Although the demand for housing has been increasing in Beijing, with total residential sales rising 27.3 per cent in the first nine months according to official ...

  8. Property supply updates aimed at increasing market openness

    Posted Nov 17th 2004, 12:00am by Peggy Sito

    ... up or talk down the property market.' There have been arguments over the past year on the supply of residential property in Hong Kong. Secretary for Housing, Planning and Lands Michael ... Peggy Sito Regular updates on property supply are to be provided by the government from this week to increase market transparency. The administration hopes the centralised statistics ...

  9. Fresh supply needed as UK market peaks

    Posted Mar 31st 2004, 12:00am by Richard Warren

    ... Barker Review, published earlier this month, which found that housing supply must be increased to stabilise the country's runaway sales market. The report was commissioned last year ... at residentialinvestoralert.com, said Britain would not necessarily experience a Hong Kong-style property market crash if housing supply was increased. Rather, it was a sign of a future bust. The Hong Kong housing market ...

  10. Bureaucrats keep land supply under watch, so it's time to worry

    Posted Oct 29th 2004, 12:00am by Jake Van Der Kamp

    ... with Jake van der Kamp 'The government will monitor the flat supply situation closely and will provide sufficient land for housing development in a timely manner.' Michael Suen Ming-yeung Secretary for Housing, Planning and Lands HOW APPROPRIATE that Mr Suen put this statement into the future tense when trying to assure us of a stable and adequate supply of land ...




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