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  1. Time to change overall housing and land supply policies

    Posted Oct 04th 2010, 12:00am by Staff Reporter

    ... There are many facets to the current debate on runaway property prices and the government's role in balancing housing demand and supply. One positive aspect of the high property ... and rents. The current balance of approximately 50 per cent of public rental and subsidised housing in Hong Kong is a good mix, but the government's overall housing and land supply policies must ...

  2. Housing supply to grow, property agency says

    Posted Jan 29th 2010, 12:00am by Yvonne Liu

    ... Yvonne Liu The city's housing supply is expected to increase significantly since developers became active in land acquisitions in October, Midland Realty says. The listed property ... units could come on the market by the end of October. Only 7,200 new homes were completed last year, according to research by the Transport and Housing Bureau. This supply was 18 per cent down ...

  3. Shanty towns are no place to call home

    Posted Jun 11th 2010, 12:00am by Sandy Li

    ... encouraged rapid urbanisation. But as millions poured into mainland cities, subsidised housing construction did not keep up. Demand far outstripped supply, especially as builders, uninterested ... Developers' gradual departure from the construction of public housing prompted a sharp fall in supply- even when local governments offered tax incentives and low-interest loans to encourage them ...

  4. We need new thinking on our land supply

    Posted Aug 05th 2010, 12:00am by Staff Reporter

    ... to be affordable. This is not rocket science. Plenty of data is available: housing supply, population, forecasts and construction approvals and schedules are a starting point. Income levels, savings ... Territories should be reclaimed so that they can be built. Tsang promised fresh thinking on land supply in his previous policy address, and we certainly hope to see it. But, hopefully, reclamation ...

  5. Two sites to be auctioned to increase flat supply

    Posted Apr 22nd 2010, 12:00am by Olga Wong

    ... Olga Wong The government is putting two residential sites up for auction in an effort to increase flat supply, as new figures show Hong Kong buyers now pay more than 40 per cent ... to demonstrate the government's determination to increase land supply and to reduce the risk of a property bubble. But Chau Kwong-wing, chair professor of the University of Hong Kong's ...

  6. Rent-to-buy housing plan on Tsang's agenda

    Posted Sep 16th 2010, 12:00am by Gary Cheung, Paggie Leung

    ... Gary Cheung and Paggie Leung Chief Executive Donald Tsang Yam-kuen is expected to unveil next month a new subsidised-housing plan under which people will be able to rent to buy, with rent ... (HOS), be aimed at people earning too much to qualify for public housing and too little to afford to buy a flat. The proposal came to light two days before the end of a public consultation ...

  7. Azura adds supply to Mid-Levels

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

    ... Swire Properties will add much sought-after supply to Mid-Levels with the opening of its new project, Azura at 2A Seymour Road, which will offer 126 units, ranging from 1,650 to 2,100 ... houses in the Beas River development have been sold for a total of more than HK$10 billion. About half of the buyers have businesses on the mainland. ...

  8. Minister admits feeling pressure on home prices

    Posted Mar 09th 2010, 12:00am by Raymond Li

    ... Raymond Li The central government has admitted it is under enormous pressure to rein in housing prices in the next two decades amid concerns that the high prices could lead to social instability. Housing and Urban-Rural Development Minister Jiang Weixin said yesterday that a combination of rapid urbanisation and industrialisation as well as limited land supplies in the next 20 ...

  9. Noise, ownership issues bedevil land supply plan

    Posted Sep 18th 2010, 12:00am by Olga Wong

    ... Olga Wong A government plan to increase land supply by converting industrial sites for residential use will take years to realise because of environmental problems at most sites. Apart ... study on converting industrial land for flats to help ease demand in the city for affordable housing. Recommendations of the study, conducted last year, were presented to the board yesterday. ...

  10. Supply of new homes plunges to 38-year low

    Posted Jan 23rd 2010, 12:00am by Yvonne Liu

    ... for housing will continue to increase, as the economy is improving,' Chan said. 'Property prices will definitely go up this year owing to the limited future residential supply.' ... in prices this year. Transport and Housing Bureau figures show that only 7,200 new homes were completed last year, 18 per cent fewer than a year earlier and the smallest number since 1972. The total ...




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