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  • July 12, 2014
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  1. Property - Hong Kong & China - HOUSING

    Positive sentiment bodes well for upcoming launches of new homes

    Posted Jul 08th 2014, 02:59pm by Peggy Sito

    ... slowed in the primary and secondary markets following the rebound in the past two weeks. According to BNP Paribas, 82 new homes were sold over the weekend, 52.3 per cent fewer than the 172 units sold over June 28-29. In the secondary market, 20 units were sold over the weekend at the 10 largest residential estates tracked by Centaline, 11.1 per cent higher than the 18 units sold ...

  2. News - Hong Kong - HOUSING

    An open-and-shut case? Not for some homebuyers

    Posted Jun 30th 2014, 05:06am by Olga Wong

    ... are the A units of Trinity's tower one: fixed windows are everywhere, on one side of the living and dining areas, two sides of the master bedroom and one side of the second bedroom. "Residents will have to open the balcony doors to breathe," Vincent Ho said. "I would say it is an undesirable design." At a show flat modelled on a unit B of tower one, the Post found ...

  3. News - Hong Kong - HOUSING

    300 buyers compete per flat in Lantau scheme

    Posted Jun 25th 2014, 04:49am by Olga Wong

    ... Olga Wong olga.wong@scmp.com Former public rental units offered to buyers too well-off to qualify for public rental homes 300 buyers compete per flat in Lantau scheme More than 10,000 ... rental flats- for which only 56 applications had been submitted as the deadline neared yesterday. All 86 flats in the Lung Tin estate are former public rental units. Built in 1995, their average ...

  4. Property - Hong Kong & China - HOUSING

    Gap between used home prices in Beijing, Shanghai continues to narrow

    Posted Jun 17th 2014, 03:06pm by Langi Chiang

    ... in the capital fell 12.7 from April and 3 per cent from a year earlier to 8,286 units. The number in Shanghai fell to its second-lowest level in 25 months, 15,059 units, a 12.4 per cent drop from April ...

  5. Property - Hong Kong & China - HOUSING

    Grand Sun proposes trust fund to build affordable homes for young

    Posted May 28th 2014, 05:08am by Sandy Li

    ... an initial sum of 30 per cent or 300,000 yuan if they want a unit costing 1 million yuan. "They can chip in the 30 per cent initial payment as a shareholder of the scheme," Sun said. To safeguard investors, all money raised would be kept in a trust fund strictly reserved for use in construction of a specific project. If they decide not to buy a unit in the end, they receive ...

  6. Property - Hong Kong & China - HOUSING

    Proposed easing of stamp duty isn’t helping sales, property agencies say

    Posted May 20th 2014, 03:03pm by Sandy Li

    ... units have been sold so far this month. It is the lowest since about 80 deals were recorded in June, after the new rules regulating the sale of new projects took effect on April 29 last ... 30 months before completion. However, developers have not rushed to offer projects. Cheung Kong (Holdings) has no definite sale date for its joint venture, the 1,717-unit City Point in Tsuen ...

  7. News - Hong Kong - HOUSING

    'My flat is 30 sq ft and infested with bugs': Poor forced into dismal housing shows need for rent control

    Posted May 04th 2014, 09:11pm by SAMUEL CHAN

    ... belongings,” said Yeung, who once found a unit with fewer bedbugs but couldn’t afford the HK$2,400 rent. “The bed bugs were so bad in the past two places that I often preferred to spend the night ...

  8. News - Hong Kong - HOUSING

    Plight of Hong Kong's cage-home dwellers 'worse now than 25 years ago'

    Posted Mar 10th 2014, 04:28am by Jennifer Ngo

    ... flats and cubicle units, close to 70 per cent of which have been recently constructed, said Soco's Sze Lai-shan. Far more are thought to exist. There are no official figures, ...

  9. News - Hong Kong - HOUSING

    URA cash injection to speed up development of 'small Taikoo Shing'

    Posted Feb 25th 2014, 04:16am by Olga Wong

    ... units of about 600 sq ft saleable area by 2019. In a next phase of redevelopment, offices and a 60-storey hotel are expected to be ready by 2021. "The variety of development in the project ...

  10. 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

    ... on illegally converted and subdivided units. On calls to regulate such housing, which is often dangerous and offers inadequate living conditions, the report asks the government to take into account ...




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