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  • September 19, 2014
  • Last updated: 12:11pm
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  1. Influx of capital, not supply of housing, is driving up prices

    Posted Nov 13th 2009, 12:00am by Staff Reporter

    ... legislators and citizens have asked the government to resume the Home Ownership Scheme, which was suspended in 2002, so that prices can be driven down by increasing the supply of flats. On the face ... the Asian financial crisis of 1997, the government built many housing estates. Tens of thousands of HOS flats were sold every year. At that time, however, property prices were at an all-time high. ...

  2. New supply plan

    Posted Jul 20th 2012, 12:00am

    ... Professor Anthony Cheung Bing-leung, Secretary for Transport and Housing, says the government plans to supply 20,000 units per year in the private property sector over the coming years, though that is not a fixed target. Cheung says the government will help with the stable and healthy development of the property market by increasing land supply, while building up a land reserve ...

  3. 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 ...

  4. Tents, supplies arrive from HK, Macau, Israel

    Posted Jun 03rd 2008, 12:00am by Bill Savadove

    ... supplies from domestic and overseas donors, the government said. Macau delivered its second batch of supplies, 40 tonnes of medical supplies and other goods, by chartered plane. The Israel Defence Forces sent more than US$500,000 worth of relief supplies, including tents and blankets. The previous two shipments, valued at a total of US$1.5 million, included medical equipment and other ...

  5. House prices to be treated cautiously

    Posted Jun 26th 2012, 12:00am

    ... supply are therefore welcome. Reforms, however, often come with unease. It is imperative that the pace of change be acceptable to stakeholders. The series of housing, land supply and urban ... to an affordable level. It is encouraging to see the new government taking steps to increase housing supply. The measures, however, appear to be too aggressive for property developers. Speaking ...

  6. Let the market direct land supply

    Posted Oct 30th 2004, 12:00am by Staff Reporter

    ... Hong Kong's land supply system, according to a government paper presented to legislators this week, is 'entirely market driven'. If only this were true. The document in question was prepared by the Housing, Planning and Lands Bureau in a bid to ease concerns that it is about to embark on a strategy cherished by its colonial predecessors- a high land-price policy. ...

  7. Developer says preference for rail firms in land supply is outdated

    Posted Jul 24th 2003, 12:00am by Peggy Sito

    ... A major property developer has joined a growing debate over the government's preferential land supply policy for Hong Kong's two railway firms, saying it is outdated. Hang Lung ... comments come as an increasing number of developers are urging the government to squeeze land supply for the two railway firms and postpone sales of their projects in a bid to boost the slumping ...

  8. Housing crunch 'could have been averted'

    Posted Jun 28th 2012, 12:00am

    ... the housing supply and slowing the rise of property prices, but found leaders reluctant. 'We have been researching the land-and-housing issue for several years. We could have done more, years ... rejected by the government, but said in March that the government should increase the land supply and target parcels specifically for housing instead of just putting them up for sale. The former ...

  9. KCRC land grant 'will not dent supply policy'

    Posted Nov 16th 2004, 12:00am by Denise Tsang

    ... Denise Tsang The government yesterday said it would continue its policy of providing a steady land supply after it was reported that it planned to grant land to the KCRC to boost its value ahead of a possible merger with the MTR Corporation. Secretary for Housing, Planning and Lands Michael Suen Ming-yeung said the government was still co-ordinating with the MTR Corporation ...

  10. News - Hong Kong

    Hong Kong chief Leung Chun-ying faces challenges with a house divided

    Posted Sep 21st 2012, 12:00am by Colleen Lee

    ... the Democratic Party and the FTU have said that apart from increasing the supply of public rental housing and subsidised flats, Leung should improve town planning to ensure future needs were met. ... by universal suffrage in 2017; Increasing the supply of public housing; Improving environmental management, including the treatment of solid waste and improving air quality. ...




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