• Tuesday
  • September 23, 2014
  • Last updated: 2:39pm
Hong Kong




Search Results

Results 1 - 10 of 574 for housing supply

Related topics matching your search

Search results

  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. New flats supply forecast lowered

    Posted Mar 14th 2008, 12:00am by Sandy Li

    ... earlier prediction of 16,000 units and just 510 more than last year's decade-low supply of 10,470 units. The tight supply has helped residential prices in the secondary market to leap 21 per cent last year from 2006, while rents rose 15 per cent. Although the government agency predicted that supply of completed units would increase to 12,670 next year, that level still would ...

  3. Guangdong land supply grows 12pc

    Posted May 31st 2006, 12:00am by Staff Reporter

    ..., it maintained the increase could 'properly' expand the land supply for private housing projects and stabilise housing prices. The department's announcement followed the State ... for commercial developments, a day after the central government issued tighter curbs on the housing market. The department said 4,306 hectares would be available in Guangdong this year ...

  4. Dwindling supply of domestic units alarming

    Posted Mar 29th 2006, 12:00am by Staff Reporter

    ... coming on the market is indicated in market forecasts for this year and the next. The Rating and Valuation Department has predicted that the supply of private domestic units in 2006 and 2007 will be 17,200 and 16,400 respectively, compared with an annual average of 24,853 from 1996 to 2005. The last time Hong Kong saw such a low level of supply was in 1976, when there were only 15,425 new ...

  5. House prices could fall by 45pc

    Posted Nov 02nd 2011, 12:00am

    ... the report said. Some existing homeowners would be forced to sell due to rising unemployment, increasing supply to the property market at a time of little demand. Barclays said a hard landing could see mainland money flows reverse, and weaker demand and rising secondary supply undermining the market. 'This would suggest that residential property prices would fall 35-45 per cent over ...

  6. 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 ...

  7. Number of new flats sinks to four-year low

    Posted Apr 28th 2012, 12:00am

    ... construction increased to 4,900 in the first quarter, the most since the third quarter of 2010. The government estimates the housing supply in the next three to four years will climb to 64,000 flats, a three-year high. 'But it takes times to complete the flats, and the housing shortage will continue until the supply of private housing increases,' said Eddie Hui Chi-man, a professor ...

  8. A dose of rationality good for the property market

    Posted May 14th 2004, 12:00am by Staff Reporter

    ... equilibrium between supply and demand- so any temptations to tinker on a policy-making level should be resisted. Price rises have been steep in the luxury sector and rather more modest in the middle ... move. But the far likelier explanation is that a measure of rationality has returned to the housing market. Volume and deal-making should pick up again when pricing is in line with the local ...

  9. Shenzhen to build more low-cost homes

    Posted Nov 28th 2007, 12:00am by Peggy Sito

    ... aim to increase the supply of low-cost homes and improve the system in a bid to resolve the housing problems faced by low-income earners by 2010. The remarks followed warnings from Mr Wen ... more low-cost housing. 'Resolving the citizens' affordable housing problem is our top priority,' party secretary Li Hongzhong said during a meeting of the standing committee ...

  10. Housing in Beijing less affordable than world standards

    Posted Dec 23rd 2006, 12:00am by Staff Reporter

    ... Irene Wang Housing in Beijing is much less affordable than international standards, with an ever-widening gap between home prices and incomes, according to a survey. Beijing-based real estate agency Home Link Group says the ratio between house prices and local incomes- a key indicator of affordability- is 9.4:1, compared to 3:1 in the United States and 4:1 in Japan. Before Hong ...




SCMP.com Account