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  • July 12, 2014
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  1. News - Hong Kong - PROPERTY

    Reserved property scheme may become policy

    Posted Jun 02nd 2013, 12:00am by Paggie Leung

    ... Speaking on an RTHK radio programme, Secretary for Development Paul Chan Mo-po said the response showed the demand for land sites remained strong. Chan said the government was considering offering ... "We're going to legislate the Hong Kong Property for Hong Kong People scheme to prove the government's determination to implement this scheme in the long run," Chan said after ...

  2. News - Hong Kong - PROPERTY

    Loophole could spark rush to buy Hong Kong hotel rooms

    Posted Feb 20th 2013, 12:00am by Olga Wong

    ... More hotel rooms could go on sale after the development chief admitted there was a legal loophole allowing such transactions. But Secretary for Development Paul Chan Mo-po warned buyers ... as commercial properties, are not covered by stamp duties the government introduced last year to cool the red-hot residential market. Chan said the government would take over the Kwai Chung site ...

  3. News - Hong Kong - PROPERTY

    Flat buyers back off as tough new property tax hits home in Hong Kong

    Posted Oct 28th 2012, 12:00am by Johnny Tam, Tony Cheung

    ... and raised the rates for the duty. In less than six hours, buyers snapped up 100 flats at a Yuen Long development to beat the new stamp duty on buyers. Secretary for Development Paul Chan Mo-po said ... "We have to react to the market. For things coming fast and fiercely, our measures have to be [launched] faster, more fiercely and accurately," Chan said. The government raised ...

  4. News - Hong Kong - PROPERTY

    Development minister Paul Chan just ‘testing water’ on country park flats

    Posted Sep 10th 2013, 12:00am by Gary Cheung

    ... park land, according to a person familiar with the government's position. They said Paul Chan Mo-po's controversial suggestion was a "political gesture" to show ... Gary Cheung gary.cheung@scmp.com Paul Chan trying to force public thought on land supply, says source familiar with official position Minister 'testing water' on idea for country ...

  5. Property - Hong Kong & China - PROPERTY

    Hong Kong government, MTR to release five housing sites for sale

    Posted Jul 01st 2014, 04:11am by Yvonne Liu

    ... and September 30. Secretary for Development Paul Chan Mo-po said yesterday that the government would release four residential sites, in Lei Yue Mun, Tuen Mun, Fanling and Tai Po, and a 1,100-room hotel ... on the requirements." Paul Chan said the government would try its best to meet the target. "There will be more sites released for tender in the second half of the financial year because we need to rezone ...

  6. News - Hong Kong - PROPERTY

    Civil servants' old quarters 'good for 19,000 flats' if redeveloped

    Posted Jan 24th 2013, 12:00am by Olga Wong

    ... Paul Chan Mo-po show. The Civil Servants Co-operative Building Society Scheme was launched in 1952 to house government employees. It ended in the mid-1980s. Under the scheme, the government ... and after redevelopment. Pro-establishment lawmaker Ann Chiang Lai-wan asked Chan to request the Urban Renewal Authority redevelop the estates. Chan said most of the estates were properly managed ...

  7. News - Hong Kong - PROPERTY

    Mainlanders buying flats should have cash vetted, says Legco member

    Posted Sep 24th 2012, 12:00am by Joyce Ng

    ... a pan-democrat and vice-president of the think-tank Professional Commons, defeated Nelson Lam Chi-yuen in the Legco poll earlier this month. Lam was backed by Paul Chan Mo-po, the former accounting ... of no confidence in Paul Chan, who is under intense scrutiny after exposés about subdivided flats operated by a company he once had a stake in. ...

  8. News - Hong Kong - PROPERTY

    New 15 per cent stamp duty may hit expatriate homebuyers

    Posted Oct 28th 2012, 12:00am by Johnny Tam, Tony Cheung

    ... in some developments- including resales within 30 years- to Hong Kong permanent residents. Development minister Paul Chan Mo-po said the government would continue imposing such restrictions ...

  9. Property - Hong Kong & China - PROPERTY

    Increase in land supply helps small developers compete with big firms

    Posted Jul 01st 2014, 04:11am by Sandy Li

    ... players," Lam said. The secretary for development, Paul Chan Mo-po, said in his blog on June 29: "We have seen many participants in government land sales in the past two years. [The] market ... competition, Chan stressed that half of the 59 residential sites were 5,000 square metres or less. Nine sites went to three major developers and those areas could provide in excess of 3,800 units. More ...

  10. News - Hong Kong - PROPERTY

    New Territories housing proposal may tee off Fanling golfers

    Posted Jul 06th 2013, 12:00am by JOYCE NG AND TONY CHEUNG

    ... golfers Secretary for Development Paul Chan Mo-po says a golf course in Fanling, which activists singled out as an alternative location for a new town project, might be taken back ... unveiled on Thursday. Chan was referring to the 170-hectare golf course run by the Hong Kong Golf Club, which villagers say is a better choice for development than their homes. They threatened ...




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