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  1. PCCW cleared of breaching cross-media ownership rules

    Posted May 03rd 2008, 12:00am by Staff Reporter

    ... Frederick Yeung PCCW chairman Richard Li Tzar-kai and his Now TV business have been cleared of breaching cross-media ownership laws, even though a trust set up by Mr Li took a controlling ... and independent,' said Mr Wong. 'As Mr Li is not a director of PCCW Media, and is not the beneficial owner, we have concluded that PCCW had not violated cross-media ownership rules.' Mr Wong said ...

  2. Price puts ownership out of reach for many

    Posted May 14th 2008, 12:00am by Sandy Li

    ... Sandy Li A sharp rise in property prices in Taipei is putting home-ownership beyond the reach of many buyers, and critics warn a property price bubble may be emerging. Akira, who has worked for an advertising company in Taipei since he came to the city from Japan five years ago, said developers had focused on bringing new luxury residential projects to the market for the past ...

  3. Chun Wo pushes into Abu Dhabi

    Posted Mar 31st 2008, 12:00am by Sandy Li

    ... Sandy Li Hong Kong contractor and developer Chun Wo Development Holdings will spend about HK$600 million to build two residential projects in Abu Dhabi, as small developers find it increasingly hard to buy land at home. 'We started to explore opportu ...

  4. Bricks and mortar

    Posted Mar 18th 2008, 12:00am by Staff Reporter

    ... Transport secretary Eva Cheng said rising property prices do not justify the revival of the Home Ownership Scheme. Do you agree, or should the government bring back the scheme? Write to us. ...

  5. Helping hand

    Posted Jan 22nd 2008, 12:00am by Staff Reporter

    ... Some Housing Authority officials have called for the resumption of the Home Ownership Scheme. Do you support this, or do you think it could adversely affect the private property market? Write to us. ...

  6. Only 59pc of HOS flats sell in latest sale

    Posted Dec 30th 2008, 12:00am by Joyce Ng

    ... Joyce Ng The Housing Authority has sold about 1,900 of the 3,221 Home Ownership Scheme flats marketed in the latest sale, which ended yesterday. The sales rate, 59 per cent recorded last Tuesday, is one of the lowest since 1997. The lowest was 54 per cent in 2002. About 33 per cent of applicants showed up to buy the flats, left over from the shelved subsidised-housing scheme, ...

  7. Law on state assets frustrates reformers

    Posted Oct 29th 2008, 12:00am by Staff Reporter

    ... Stephen Chen A law to better protect and manage state-owned assets was passed on the mainland yesterday. But to the disappointment of reformers, the final version, which state media claimed ended a 15-year debate, seemed to lack the teeth that could prote ...

  8. Privatise public housing to help needy get ahead

    Posted Mar 17th 2008, 12:00am by Staff Reporter

    ... Rising property prices have fuelled calls for the government to revive a scheme to build subsidised housing for sale. Housing and Transport Secretary Eva Cheng rightly stepped into the fray yesterday, diplomatically saying no to any such suggestion. Ms Cheng has good reason to reject a resumption of the Home Ownership Scheme, which was abolished in 2002 as one of nine ...

  9. For sale: large flat with sea view for just HK$2.7m in HOS sell-off

    Posted Jan 26th 2008, 12:00am by Staff Reporter

    ... Scarlett Chiang A 900-square-foot flat with a sea view is going for HK$2.7 million in the latest batch of surplus Home Ownership Scheme flats to go up for sale. It is the most expensive of about 3,000 subsidised flats in three separate developments, ranging upwards from as little as HK$400,000, that will go on sale next month. The flats, the third batch of more than 16,000 left ...

  10. Public flats may be sold under scheme

    Posted Jan 08th 2008, 12:00am by Staff Reporter

    ... Scarlett Chiang Sale of units considered to meet HOS demand Public housing could become Home Ownership Scheme flats if the demand for the scheme's flats surges, the Housing Department chief said yesterday. Housing Department director Thomas Chan Chun-yuen was speaking at a Legislative Council housing panel meeting. Legislators urged the government to resume building HOS ...




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