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  1. Tighter supply expected to push home prices up to 30pc higher

    Posted Jan 02nd 2008, 12:00am by Yvonne Liu

    ... New homes coming on to the market are not expected to exceed estimated offerings of 18,000 last year. Merrill Lynch forecasts new housing supply of 10,317 units while Henderson Land ... Fulton Mak and Yvonne Liu The supply of new homes in Hong Kong this year is expected to fall short of last year, with tighter market conditions pushing up prices between 15 and 30 per ...

    http://www.scmp.com/article/621400/tighter-supply-expected-push-home-prices-30pc-higher
  2. Housing completion data is only half of the equation

    Posted Apr 22nd 2008, 12:00am by Jake Van Der Kamp

    ... a transport and housing bureau and a housing authority and they all like to publish figures on housing supply. Trouble is they mostly don't talk to each other before they do it. I can cite five ... with Jake van der Kamp 'Secretary for Development Carrie Lam Cheng Yuet-ngor yesterday defended the government's land sale system after developers said supply ...

    http://www.scmp.com/article/634648/housing-completion-data-only-half-equation
  3. 25,000 new public flats next year

    Posted May 16th 2008, 12:00am by Staff Reporter

    ... Scarlett Chiang The Housing Authority will provide 25,300 new public housing flats and 18,500 refurbished ones next year. The authority said there were 111,632 valid applications for public housing at the end of March. The authority has promised to maintain the average waiting time at about three years, but public housing federation chairman Wong Kwun said the supply ...

    http://www.scmp.com/article/637753/25000-new-public-flats-next-year
  4. Budget flats to put pressure on prices

    Posted Jan 16th 2008, 12:00am by Chloe Lai

    ... would be available for sale this year, accounting for 20 per cent of the total housing supply. Selling prices of the units range from 2,800 yuan to 6,500 yuan per square metre, or 70 per cent ... to lower middle-class families, analysts say. Competitive pricing of 'restricted' flats, residential projects similar to Hong Kong's defunct 'sandwich class' housing, would ...

    http://www.scmp.com/article/623078/budget-flats-put-pressure-prices
  5. Property prices moderate as Beijing curbs start to bite

    Posted Jan 18th 2008, 12:00am by Chloe Lai

    ... policy of bringing more housing supply to the market would need time to take effect. The State Council announced last week that developers would have to pay a 20 per cent levy on the value ... regions, with a 1.4 per cent slide in Guangzhou and a 0.1 per cent decline in Shenzhen. The central government wants to cool a runaway property market that threatens to put housing beyond the reach ...

    http://www.scmp.com/article/623347/property-prices-moderate-beijing-curbs-start-bite
  6. Luxury house on Peak fetches record price

    Posted Jan 10th 2008, 12:00am by Yvonne Liu

    ... firm bought the house for investment. 'The supply of houses in luxury residential areas is limited. We expect prices of luxury houses to rise 20 per cent in the next 12 months,' he ... Yvonne Liu De Monsa, an Indonesian investment fund, bought a luxury house at the Severn 8 on the Peak for HK$55,491 per square foot, betting it will make a gain despite the price setting ...

    http://www.scmp.com/article/622346/luxury-house-peak-fetches-record-price
  7. Panel urges restart of housing schemes

    Posted Jul 08th 2008, 12:00am by Staff Reporter

    ... in implementing the public housing programme,' he said. 'The Housing Authority should concentrate on supplying public housing flats for grass-roots families and satisfy their basic needs ... housing to tenants. The motion was passed, with nine votes in support and three against, in the Legislative Council housing panel meeting. The HOS was suspended in 2002 to stabilise the ailing ...

    http://www.scmp.com/article/644456/panel-urges-restart-housing-schemes
  8. Rate incentive offered for low-cost housing

    Posted Feb 05th 2008, 12:00am by Staff Reporter

    ... January 18 but announced yesterday, the policy will become effective on February 17. '[The changes] are in line with Beijing's policies to boost the supply of affordable housing ... at a time when interest rates are climbing. It also will increase supply to meet market needs. Analysts said the profit margin for low-income housing was less than 10 per cent in general, compared ...

    http://www.scmp.com/article/625527/rate-incentive-offered-low-cost-housing
  9. Public flats may be sold under scheme

    Posted Jan 08th 2008, 12:00am by Staff Reporter

    ... that could become HOS flats if the need arose. Legislator for Kowloon East Chan Yuen-han said she agreed with the idea of turning public flats into HOS flats only if the supply of public housing ... the planned supply. According to the department, the average time it takes for an applicant to get a flat in public housing is about 18 months. ...

    http://www.scmp.com/article/622054/public-flats-may-be-sold-under-scheme
  10. Building flats for sale is not the government's job

    Posted Jan 23rd 2008, 12:00am by Staff Reporter

    .... Flats are perceived as being in short supply because tens of thousands of Housing Authority tenants whose income now exceeds the level needed to qualify for subsidised homes cannot be convinced ... The government should provide public housing for Hong Kong's needy. It has no business being a private-property developer, though, despite some calls to the contrary. A decision ...

    http://www.scmp.com/article/623920/building-flats-sale-not-governments-job

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