• Sunday
  • April 20, 2014
  • Last updated: 2:56pm
Hong Kong




Refine Your Search

Sort by

Related Keywords

Search Results

Results 1 - 10 of 39 for income

Related topics matching your search

Search results

  1. News - Hong Kong - HOUSING

    Rising rents taking biggest toll on the poor

    Posted Mar 24th 2014, 05:26am by LO WEI

    ... Lo Wei wei.lo@scmp.com Survey finds city's lowest earners spend nearly two-thirds of their income on housing Rising rents taking biggest toll on the poor At 59, Chiu Man-sun has found ... the HK$2,700 he had been paying, Chiu realised his income wouldn't stretch that far, and he began looking for an alternative. "After the rent increase, it took up almost half of my monthly ...

  2. News - Hong Kong - HOUSING

    Lantau plans may help Tai O flat sales: expert

    Posted Mar 22nd 2014, 04:28am by Olga Wong

    ... sales are limited to those with monthly incomes of no more than HK$22,000 for a single buyer and HK$40,000 for a household. "Once an owner pays the land premium, he can freely sell his HOS ...

  3. News - Hong Kong - HOUSING

    Housing Authority finance chief says task force proposals are ‘unrealistic’

    Posted Mar 20th 2014, 11:27am by FANNY W. Y. FUNG

    ... As a self-financing statutory body, the authority draws revenue from the sale of Home Ownership Scheme (HOS) flats, rent from public housing, and income from commercial leasing and investment. But concern has ...

  4. News - Hong Kong - HOUSING

    Call to scrap middle-income housing purchase scheme

    Posted Nov 06th 2012, 12:00am by NG KANG-CHUNG

    ... Plan to help middle-income families own homes by offering them discounts on flats will push up property prices, lawmakers say A handful of lawmakers have called for the abolition of a scheme - widely praised last year - aimed at helping middle-income families buy used flats under the home ownership scheme (HOS). At a housing panel meeting yesterday, members voted 9-5 to pass ...

  5. News - Hong Kong - HOUSING

    Key housing committee warns over rent controls, building on country parks

    Posted Feb 17th 2014, 05:40pm by NG KANG-CHUNG

    ... self-contained cubicles. Many low-income families live in the flats because they cannot afford anything else, but often the conversions have been carried out illegally. Professor Cheung said ... The government has pledged to offer a public flat to an applicant within three years on average. The committee has advised the Housing Authority to conduct regular reviews of the income and assets ...

  6. News - Hong Kong - HOUSING

    Panel suggests prefabricated housing for families in subdivided flats

    Posted Feb 18th 2014, 01:07am by Olga Wong, NG KANG-CHUNG

    ... for discussion in September, the committee warned of the negative effects of rent controls or housing subsidies, despite repeated calls from low-income families for such help. "Controlling rents ...

  7. News - Hong Kong - HOUSING

    More young people drawn to public rental housing

    Posted Jan 02nd 2014, 02:58am by NG KANG-CHUNG

    ... that they should apply for such housing when they were still young with low income. Seventeen per cent believed public housing was a benefit they should enjoy if eligible. In a consultative document issued ... Department survey, the 228,400 applicants on the waiting list last year compared to 114,400 in 2009, and 152,500 in 2011. In 2012, there were 189,500. The overall median monthly household income ...

  8. Business - China Business - HOUSING

    Vice-Premier Li Keqiang's comments send developers' shares higher

    Posted Dec 01st 2012, 12:00am by JANE CAI, Sandy Li

    ... Sales have also been recovering from the trough at the beginning of the year, suggesting demand from end-users. "The curbs fail to address the problem of uneven income distribution. ...

  9. News - Hong Kong - HOUSING

    Cooling measures to stay amid risk of property bubble

    Posted Dec 02nd 2013, 02:00pm by NG KANG-CHUNG

    ... months of the year, much lower than the monthly average of 365 cases or 4.5 per cent in the corresponding period last year, according to the Financial Secretary’s Office. The mortgage-to-income ...

  10. News - Hong Kong - HOUSING

    Buyers in new development not so keen to rent flats for elderly relatives

    Posted Dec 04th 2013, 04:29am by Stuart Lau and Fanny W. Y. Fung

    ... with their parents in a flat they bought instead. Second, their siblings might already be taking care of their parents. He believed the demand for estates targeting middle-income families with younger ...




SCMP.com Account