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  • September 22, 2014
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  1. When property bubble bursts, pin blame on outgoing administration

    Posted May 03rd 2012, 12:00am

    ... Hong Kong' s property bubble must be burst now or at least sooner than later. Just as Andy Xie wrote in his article, Hong Kong must kick its property addiction ('High on property', April 23). The bubble is real and has to break. Since house prices reached their ridiculous and unsustainable heights last year, there have been very few genuine transactions ...

  2. Property developers brace for more woe

    Posted Oct 10th 2011, 12:00am

    ... as further bad news for the property market, said Patrick Chow Moon-kit, head of research at property agent Ricacorp Properties. The continued fall in property sales and prices could also trigger a slide in the share prices of property developers, warned a fund manager. Tsang's admission in a radio programme on Saturday, in which he also acknowledged that the mistakes had fuelled ...

  3. Finance chief vows to curb property bubbles

    Posted Jun 20th 2011, 12:00am

    ... Tanna Chong tanna.chong@scmp.com Financial Secretary John Tsang Chun-wah pledged in his blog yesterday to step up efforts to curb bubbles in the property market. 'The current market situation is abnormal,' he wrote. 'It is difficult to predict the outlook of the property market, but one thing for sure is that risks are increasing continuously.' The warning came ...

  4. July 1 march to target property prices, Tsang

    Posted Apr 05th 2011, 12:00am

    ... Fanny W. Y. Fung 'Toppling property hegemony' will be one of nine themes of this year's July 1 democracy march, along with a demand for Chief Executive Donald Tsang Yam-kuen to step down. Tapping public concern over rising property prices and growing discontent with developers, the organisers plan to have so-called victims of the 'hegemony' lead the march. ...

  5. Exco's Lau Wong-fat blames staff for failure to declare property deals

    Posted Oct 01st 2010, 12:00am by Ambrose Leung

    ... Executive Councillor Lau Wong-fat last night blamed his staff for his failure to declare three property transactions that critics say constituted a conflict of interest with his cabinet ... the relationship between his companies and those owned by other members of his family. Lau has reported ownership of 20 residential and commercial properties, 297 pieces of land and 72 firms. The Chief ...

  6. Ministers to discuss property price concerns with developers

    Posted Oct 23rd 2009, 12:00am by Gary Cheung

    ... Gary Cheung and Fanny W. Y. Fung Ministers plan to hold discussions about distortions in the property market with developers and the Consumer Council. An official said the government had some proposals that were designed to keep rising property prices in check, and the timing of their introduction would depend on market developments. The government is closely monitoring ...

  7. Comment - Insight & Opinion

    Donald Tsang deserves to know his fate in ICAC's graft probe

    Posted May 24th 2013, 12:00am by GRENVILLE CROSS

    ... five government ministers had escaped prosecution, for undisclosed reasons, for having allegedly illegal structures on their properties, and this lamentable precedent has done little to inspire ...

  8. Tsang small fry in property stakes

    Posted Jul 16th 2005, 12:00am by Gary Cheung

    ... Gary Cheung Chief Executive Donald Tsang Yam-kuen and Chief Secretary Rafael Hui Si-yan are humbled by most ministers and non-official executive councillors in terms of property ownership. The chief executive owns two properties- a flat in Surrey, England, and another in Central, according to the Executive Council members' declaration of interests, which were released yesterday. ...

  9. Lai See

    Posted Oct 26th 2011, 12:00am

    ... Properties has set itself an ambitious target: it wants to sell its new luxury Wings project, on top of Tseung Kwan O MTR station, for more than twice the price of nearby properties. Others ... developers are also adopting this ploy. The K.Wah Group said it was spending HK$100 million on the kitchens for its 400-unit Marinella project at Aberdeen. Maybe properties are getting harder to sell ...


    Posted Dec 23rd 2011, 12:00am

    ... The special stamp duty, which punishes the short-term resale of property, has generated more debate. Financial Secretary John Tsang Chun-wan said the duty could come under review ... suggestions about an end to the duty. According to Centaline Property, prices could fall if the duty remains in place. ...




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