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  1. Housing starts, not rising prices, signal looming supply shortage

    Posted Oct 17th 2005, 12:00am by Jake Van Der Kamp

    ... of a shortage in housing supply. But we need not look at price alone as an indicator of whether we are heading for a shortage. There are much better and more direct indicators in statistics ... at it still another way, the present rate at which we are authorising construction work on housing will mean new housing supply in three years' time of only one-third of the present level. ...

  2. Water supply privatisation still on cards

    Posted Jun 02nd 2005, 12:00am by Dennis Eng

    ... Dennis Eng The government is still looking at ways to privatise the Water Supplies Department, including a public-private partnership, despite growing calls to suspend further asset sales. ... staff,' Secretary for Financial Services and the Treasury Frederick Ma Si-hang said at a Legislative Council debate on privatisation schemes yesterday. As of May 1, the Water Supplies Department ...

  3. Supply will calm bidding wars

    Posted Jan 26th 2005, 12:00am by Peggy Sito

    ... Peggy Sito Escalating competition among developers in bidding for housing projects along railway lines will ease as the supply of land increases this year, according to developers ... for sale this year. Housing Minister Michael Suen Ming-yeung told legislators on Friday the government would release the land application list for 2005/2006 in March. Some developers might shift ...

  4. Power supply disrupted in Kowloon East following fire

    Posted Jun 21st 2005, 12:00am by Staff Reporter

    ... LAI YING-KIT Updated at 5.04pm: The power supply to some Kwun Tong housing estates was disrupted for several hours? after a fire broke out at a China Light & Power facility ... Estate. The disruption affected as many as 11,000 households in Kowloon East on Tuesday. The power supply to about 2,000 households in Shun Lee, Shun Tin and Shun On Estate was affected until 4pm. ...

  5. Judge clears cartel of fixing bids to supply gates

    Posted Mar 17th 2005, 12:00am by Jonathan Li

    ... Jonathan Li Prosecution fails to show defendants knew their behaviour was dishonest Seven former Housing Authority sub-contractors were acquitted yesterday of forming a cartel to rig tenders for contracts worth $115 million for the supply of gates. A judge found the defendants had indeed formed a cartel, and said they had engaged in shrewd and sharp business practices. ...

  6. Supplies rush for homeless fishermen

    Posted Jan 03rd 2005, 12:00am by Baradan Kuppusamy

    ... relief supplies for some 2,000 fishermen who were made homeless by the tsunami. Political parties, social clubs, religious organisations, schools, companies and sporting clubs are all sending supplies to the once thriving village. Hundreds of thousands of crates of bottled water, canned food, instant noodles, blankets and mountains of used clothes have piled up in schools and small ...

  7. Politicisation threatens supply of new units

    Posted Feb 24th 2005, 12:00am by Staff Reporter

    ... Ernest Kong The politicisation of the land approval process will extend the period of low land supply and push up home prices in the short term, UBS property analyst Franklin Lam Fan-keung says. If the approval process continues to slow, it could adversely affect the supply of new units each year. This is estimated to be 5,000 units by 2008-2009. Citing opposition that Sun Hung ...

  8. Office rents to rise as supply diminishes

    Posted Sep 21st 2005, 12:00am by Kenneth Ko

    ... and decreasing supply of quality stocks will continue to drive the office leasing market and push rents to higher levels, according to property consultants. A significant rise in demand from local ... to increase 55 per cent for the whole year. He said there was room for further rental growth in Hong Kong as there was no pressure on the supply side. Mr Morgan said the present growth pace and market ...

  9. Cutting off garment supplies from China will leave the US naked

    Posted May 24th 2005, 12:00am by Jake Van Der Kamp

    ... trade deficit. Instead, it will mean that suppliers will turn to other countries such as Malaysia or Thailand for cheap textiles and other goods that China now supplies, he said.' SCMP, May ... has been Japan, not China. Your own government's figures show that China's net purchases of Treasury bills, bonds and notes since that warmonger in the White House took office ...

  10. Housing ignores population needs

    Posted Apr 27th 2005, 12:00am by Dennis Eng

    ... Dennis Eng Policies becoming irrelevant, with supply of flats outstripping demand, three reports claim Housing policy may have to be rethought by the government as changes in Hong Kong's demographics are not being adequately reflected in the supply of homes, according to three reports released yesterday. The administration has long insisted the market drives its housing ...




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