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  • July 10, 2014
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  1. Business - Comment - JAKE'S VIEW

    Housing Authority must raise public housing rents or run out of money

    Posted Jul 08th 2014, 12:45am by Jake Van Der Kamp

    ... Jake van der Kamp Housing Authority will run out of money if it continues building flats without raising rents that are already among the lowest in urban world High time we stopped paying this rent Professor Raymond So Wai-man, who chairs the Housing Authority's finance committee, said it may need to ask for more funding as its coffers will have dwindled to HK$28.2 billion ...

    http://www.scmp.com/business/article/1549258/housing-authority-must-raise-public-housing-rents-or-run-out-money
  2. Property - Hong Kong & China

    Developers expected to slash house prices to ease housing inventory oversupply

    Posted Jul 03rd 2014, 02:08am by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com Rising housing inventory and sluggish sales are expected to force the hand of property firms needing to clear stock amid slump, analysts say Mainland ... that a year earlier, consultancy E-House (China) said. It was up 40 per cent to 12.7 months in second-tier cities, mainly provincial capitals. In the eastern port city of Qingdao, it now takes as long ...

    http://www.scmp.com/property/hong-kong-china/article/1545108/developers-expected-slash-house-prices-ease-housing
  3. News - Hong Kong - HOUSING

    24 sites reserved for public housing sold to developers, says report

    Posted Jul 10th 2014, 04:30am by Jennifer Ngo

    ... Jennifer Ngo jennifer.ngo@scmp.com Public housing land sold to developers: report Despite long queues for public housing and a shortage of land, 24 plots of land originally reserved for public housing were returned to the government between 2001 and 2013 and eventually sold to developers or converted to other uses. A report released by the Legislative Council Public Accounts ...

    http://www.scmp.com/news/hong-kong/article/1550584/24-sites-reserved-public-housing-sold-developers-says-report
  4. Magazines - 48hrs - FILM

    Art House: Amadeus

    Posted Jul 09th 2014, 10:31pm by SEAN TIERNEY

    ... Text: Sean Tierney Miloš Forman's Amadeus (1984) stars Tom Hulce and F. Murray Abraham. The actors' biggest roles until then had been supporting ones: Hulce had played a fraternity pledge in National Lampoon's Animal House, while Abraham was a mid-level drug dealer in Brian De Palma's brutal remake of Scarface, starring Al Pacino. These are not the usual ...

    http://www.scmp.com/magazines/48hrs/article/1549605/art-house-amadeus
  5. News - China - HUMAN RIGHTS

    Tibetan writer placed under house arrest 'over dinner invite from John Kerry's delegation'

    Posted Jul 09th 2014, 12:58pm by AP

    ... Associated Press in Beijing Rights advocate believes her acceptance of a meeting with the US delegation visiting China was the cause of couple's house arrest A well-known Tibetan writer said today that she and her husband have been placed under house arrest in Beijing as China plays host to US State Secretary John Kerry for the latest round of US-China talks. Tsering ...

    http://www.scmp.com/news/china/article/1550271/tibetan-writer-placed-under-house-arrest-over-dinner-invite-us-official
  6. Business - Money - MARKETS

    Hong Kong fund houses bypass brokers as fund size hits HK$16 trillion

    Posted Jul 09th 2014, 05:19am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com Fund houses pass brokers as managed assets grow The number of fund houses in Hong Kong surpassed the number of brokerage firms in May as the size of locally ... very important." At the end of May, the number of licensed fund houses stood at 978, up 3 per cent from the end of last year, compared with 969 licensed securities brokerages, up 1.25 per ...

    http://www.scmp.com/business/money/markets-investing/article/1549931/hong-kong-fund-houses-bypass-brokers-fund-size-hits
  7. Comment - Insight & Opinion

    Tenants should pay fair share for public housing

    Posted Jul 08th 2014, 04:32am by SCMP Editorial

    ... SCMP Editorial Fair shares in public housing Public housing is made for low income earners. That it is heavily subsidised by public funds means it should be managed with fiscal prudence. ... With the adjustment tied to household income, a rent increase becomes inevitable as the economy continues to grow. A Housing Authority survey found that household income had increased 19 per cent over ...

    http://www.scmp.com/comment/insight-opinion/article/1549234/tenants-should-pay-fair-share-public-housing
  8. Sport - Soccer - World cup 2014

    World Cup diary: Netherlands v Argentina could see House of Orange segmented

    Posted Jul 09th 2014, 03:48am by James Porteous

    ... James Porteous james.porteous@scmp.com Albiceleste fans are trying to claim the Dutch queen as one of their own- but she insists she's not supporting the country of her birth Follow @JamesPorteous Queen Maxima of the Netherlands has had to insist she ...

    http://www.scmp.com/sport/soccer/article/1550047/world-cup-diary-netherlands-v-argentina-could-see-house-orange
  9. Property - Comment - BRICKS & MORTAR

    Slow progress in housing reform adds to bubble fears in China

    Posted Jul 08th 2014, 01:10am by Langi Chiang

    ... Langi Chiang Lack of consensus among policymakers leads to the delay in property registration system Slow progress in housing reform adds to bubble fears When the central government missed its end-of-June deadline for publishing an ordinance governing the registration of immovable property on the mainland, such as housing, land and forests, it was a heavy blow to hopes ...

    http://www.scmp.com/property/article/1549243/slow-progress-housing-reform-adds-bubble-fears-china
  10. News - Hong Kong - TOURISM

    Hong Kong authorities seek to tighten rules on guest houses

    Posted Jul 05th 2014, 03:14am by Amy Nip, Jennifer Ngo

    ... Amy Nip and Jennifer Ngo Proposed law changes will plug guest-house licensing loopholes and give government more power to crack down on illegal accommodation Move to tighten the rules on hostels The city is considering plugging a loophole in the law that has seen about 200 guest houses licensed by the government, even though they are in buildings that do not allow temporary ...

    http://www.scmp.com/news/hong-kong/article/1546951/hong-kong-authorities-seek-tighten-rules-guest-houses

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