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  • September 24, 2014
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  1. 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

    ... for “subdivided flats” – and advised against using country park land for building homes. In its report released on Monday, the Long-term Housing Strategy Steering Committee also warns against offering ... of applicants, and to remove those who become ineligible. The committee also advised against using country park land for housing development, in the wake of public concern. It called on the government ...

    http://www.scmp.com/news/hong-kong/article/1429647/government-advisers-not-keen-rent-controls-or-building-homes-country
  2. Property - Hong Kong & China - HOUSING

    Prices rise amid tight supply of flats as sales decrease

    Posted Jul 22nd 2014, 02:56pm by Yvonne Liu

    ... in Hung Hom, the Latitude in San Po Kong, Island Harbourview, Central Park and Park Avenue in Tai Kok Tsui did not record any sales. Chan said home seekers in the New Territories had turned ... Austin and Park Ivy in West Kowloon. Sales of New World Development's Park Signature in Yuen Long were the most active among the new projects. It sold 12 flats during the weekend. ...

    http://www.scmp.com/property/hong-kong-china/article/1557160/prices-rise-amid-tight-supply-flats-sales-decrease
  3. Property - Hong Kong & China - HOUSING

    Hong Kong to see surge in tiny flats as demand remains strong

    Posted Jul 29th 2014, 04:08pm by Sandy Li

    ... will require a higher down payment," Sino Land associate director Victor Tin Sio-un said. Sino Land has sold 95 units at Park Ivy- a joint venture with the Urban Redevelopment Authority in Tai Kok ...

    http://www.scmp.com/property/hong-kong-china/article/1561853/trend-towards-tinier-flats-seen-prices-rents-rise
  4. News - Hong Kong - HOUSING

    Heung Yee Kuk leader backs idea of country park flats

    Posted Sep 11th 2013, 12:00am by Olga Wong and Gary Cheung

    ... backs idea of country park flats Rural strongman Lau Wong-fat has suggested flats could be built in certain areas of country parks to ease the housing shortage. He called for a review of the size of the parks, but rejected a suggestion that land allocated to indigenous villagers be rezoned to boost the supply of homes. There's no universal standard for setting the size ...

    http://www.scmp.com/news/hong-kong/article/1307960/heung-yee-kuk-leader-lau-wong-fat-backs-idea-country-park-flats
  5. News - Hong Kong - HOUSING

    Development secretary Paul Chan floats idea of building flats in country parks

    Posted Sep 09th 2013, 12:00am by LO WEI, Stuart Lau

    ... Lo Wei and Stuart Lau As city sets 10-year housing target amid acute land shortage, minister says the possibility of developing park spaces should be discussed Chan moots idea for country park flats The development minister has floated the idea of building flats on land in country parks, questioning whether such a controversial option was "untouchable ...

    http://www.scmp.com/news/hong-kong/article/1306570/development-secretary-paul-chan-floats-idea-building-flats-country
  6. News - Hong Kong - HOUSING

    300 buyers compete per flat in Lantau scheme

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

    ... for a parking space," said Professor Chau Kwong-wing, a real estate professor at the University of Hong Kong. He said the project had caught the attention of private-market buyers as the public did ...

    http://www.scmp.com/news/hong-kong/article/1539828/300-buyers-compete-flat-lantau-scheme
  7. News - Hong Kong - HOUSING

    Public-flat funding 'no longer works'

    Posted Jun 13th 2014, 04:48am by FANNY WF FUNG

    ... deficits for building and operating non-profitable car parks for residents, the net surplus generated from the sale of each of these flats will be only HK$5,300 on average- nowhere near enough ... endorsed by the authority in June 2012, each of the 2,266 flats will bring a net surplus of about HK$70,000 after deficits from car parks are deducted, according to Lau's analysis. ...

    http://www.scmp.com/news/hong-kong/article/1531043/public-flat-funding-no-longer-works
  8. News - Hong Kong - HOUSING

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

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

    ... transport interchange, a market for 120 traders, car parks and a public open space of about 4,000 square metres. The project, which represents the second and third phases of the HK$40 billion Kwun ... an environmentally friendly design and would not use extravagant materials, Wan said they were likely to be more expensive than those in Park Metropolitan, an estate in phase one of the redevelopment. ...

    http://www.scmp.com/news/hong-kong/article/1434334/ura-cash-injection-speed-development-small-taikoo-shing
  9. News - Hong Kong - HOUSING

    Demand will ensure private flats are built, says Paul Chan

    Posted Mar 15th 2014, 04:11am by Olga Wong

    ... the Lands Department rejected all seven bids submitted for a prime site at Tai Po's Pak Shek Kok, next to the Science Park. The outcome came after the MTR Corporation turned down all three bids ...

    http://www.scmp.com/news/hong-kong/article/1448827/demand-will-ensure-private-flats-are-built-says-paul-chan
  10. 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

    ... But on the asset-sales option he noted that it had no more valuable assets since its shopping malls and car parks were sold off through the Link Reit in 2005. But even if it did, the social impact had ...

    http://www.scmp.com/news/hong-kong/article/1453093/housing-authority-chief-says-task-force-proposals-are-unrealistic

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