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  • October 30, 2014
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  1. 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 ...

  2. 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 ...

  3. Housing policy a true test of will

    Posted Jan 07th 2012, 12:00am

    ... Housing and land supply have become two of the most controversial policy areas in our city. It is reassuring therefore that the candidates to become the next chief executive have attached ... but he has suggested increasing the supply of public housing by a third to 20,000 flats a year. Leung appears to be even more ambitious, raising the first-year output to 35,000. He has also ...

  4. Tsang's term chimes with strong housing market

    Posted Jul 02nd 2012, 12:00am

    ... Kong Special Administrative Region. In a speech at the inauguration of the fourth-term government, Leung pledged that new administration would address the people's concerns over housing, which he said should be tackled through planning and supply. According to Centaline, the number of transactions in the secondary market during the five years from July 1, 2007 totalled 427,990, ...

  5. Final address must tackle housing issue

    Posted Oct 12th 2011, 12:00am

    ... that the colonial government and former chief executive Tung Chee-hwa's administration both had a steering committee on land supply to look for sites for housing. Tung's committee, chaired ... Joyce Ng and Stuart Lau Hongkongers believe housing is the most pressing matter Chief Executive Donald Tsang Yam-kuen must deal with in his policy address today, a university poll has ...

  6. Tsang predicts soft landing for housing market

    Posted Nov 10th 2011, 12:00am

    ... Peggy Sito peggy.sito@scmp.com Global uncertainties and slower economic growth locally, combined with government measures, would mean a soft landing for Hong Kong's housing market, Chief Executive Donald Tsang Yam-kuen said. An easing in global economic growth would help stabilise housing prices, Tsang said in New York. 'The world is not looking all that brilliant ...

  7. Housing consultation misses bigger picture

    Posted May 08th 2010, 12:00am by Staff Reporter

    ... Whither government policy on affordable homes? Housing chief Eva Cheng seemed to have enunciated some core principles clearly not long ago. It is a long-standing public policy to ensure ... over land and housing policy- serves no one well. This isn't a new strategy, unfortunately. Public consultations have been used by this government to buy time, to put off making important ...

  8. MATTER of opinion

    Posted Oct 28th 2011, 12:00am

    ... about 35,000 flats. In a bid to open up land supply and meet long-term demand, initiatives include conversion of industrial and agricultural land into housing, exploring reclamation outside ... the policy address. Buggle Lau Ka-fai, chief analyst at Midland Realty, says the policy address concentrated on satisfying the mass market's housing needs. The government also reiterated its ...

  9. Forget stray cats, Mr Tsang, slap a tax on HK's empty flats

    Posted Oct 14th 2011, 12:00am

    ... if you use the government's official figure for the number of vacant flats- 51,534 at the end of last year- the city would still have enough supply to house everyone without overcrowding ... for everyone else. Hong Kong has plenty of flats, but in effect they've been taken out of the housing market by owners who see them not as homes but as investments. The result is a supply squeeze, ...

  10. Question of supply

    Posted Aug 05th 2011, 12:00am

    ... was to increase supply. Recent statistics show that more supply is coming to market. New flats being built in the second quarter reached 4,700 units, up 67 per cent from the first quarter, but only 1,200 units were completed in the quarter, the lowest in three years. Hence, there is still a city-wide supply gap in the near term. One area of Hong Kong with short supply is Kowloon Tong. Despite ...




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