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  1. Repeal a law which favours greedy property developers

    Posted Nov 18th 2010, 12:00am by Staff Reporter

    ... in his support of a law that clearly infringes on the rights of owners of older buildings and places them at the mercy of greedy property developers. It is obvious that this legislation was not enacted to improve the urban environment. The law was intended to facilitate the removal of property owners who, for personal or monetary reasons, do not want to part with their units and shops ...

  2. Property guidelines should become law

    Posted May 07th 2010, 12:00am by Staff Reporter

    ... and enforced laws. The property market has to be fair and transparent. Measures announced by Financial Secretary John Tsang Chun-wah on April 21 had this in mind, at least in theory. Developers were ... an example to be followed. Legislators want the government's guidelines turned into law. So they should be. All of the property sector, not just a fraction of it, should be covered. ...

  3. Developer pounces as new law takes effect

    Posted Aug 19th 2010, 12:00am by Sandy Li

    ... Sandy Li It may not be The Peak but for tenants of a run-down 57-year-old low-rise in North Point it's home. Now under a new rule on property acquisitions that is about to change. ... that is still unsold at 13 Mercury Street and therefore we have applied for the compulsory sale law,' she said. As of August 17 seven compulsory land sale applications had been lodged ...

  4. Perverse equation of rehousing is driving up prices

    Posted Jun 15th 2010, 12:00am by Peggy Sito, Yvonne Liu

    ... for compensation. 'My in-laws have lived there since the 1970s. The property is very old. Sooner or later it will be demolished,' he said. It was in a prime location, and the compensation ... Beijing brought in a Property Law stating that a citizen's private property is inviolable- governments should only be able to confiscate someone's home for public welfare construction- ...

  5. Only fair to put property crooks in locked 'homes'

    Posted Jun 17th 2010, 12:00am by Jake Van Der Kamp

    ... at 39 Conduit Road. Some called for a law against property-market manipulation to be passed. SCMP, June 16 Good idea. And let's not have just any law. Let's have a really tough one, ... Development did in the property market? Ah, I have it. There is a law against it in the stock market and there is not a law against it in the property market. How silly of me not to have realised. ...

  6. Wheelock Properties lands six flats and a shop for about HK$10,000 a sq ft at compulsory sale

    Posted May 04th 2010, 12:00am by Joyce Ng

    ... the Legislative Council altered the law to lower the threshold to force a sale from 90 per cent of property rights to 80 per cent. The law now allows a developer to force the sale of the remainder ... be HK$8,868 per square foot. Wheelock Properties executive director Ricky Wong Kwong-yiu said the result should be fair to the owners because 'everything was done according to the law ...

  7. Review urged over change in tenancy law

    Posted Feb 02nd 2010, 12:00am by Paggie Leung

    ... The government hoped the new law would encourage owners to let properties. Ng Kam-chiu, representative of tenants' group H15 Concern Group, said the problem was common in old urban districts ... Paggie Leung Legislators are calling for a review of the amended tenancy law after some tenants complained of being victimised by landlords, to whom the revision gave more rights. Some ...

  8. Riding roughshod over property rights

    Posted Mar 07th 2010, 12:00am by Regina Ip

    ... property prices are skyrocketing and the rich-poor divide seems to be ever widening. The change will come into effect on April 1 unless lawmakers block it. Dispossessing a person of his or her property is always traumatic. Even when land resumption is for a worthy public purpose, the expropriation and clearance are fraught with emotions and lingering questions about the justifications. ...

  9. New UK rental laws may catch out landlords

    Posted Sep 08th 2010, 12:00am by Richard Warren

    ... Richard Warren in London Hong Kong landlords of British properties are in danger of being caught out by new rental laws that may see some being fined thousands of pounds, lettings agents ... Landlords will lose their right to serve notice on a tenant to leave the property. Marc von Grundherr, director at lettings agency Benham & Reeves Residential Lettings, said the new law would ...

  10. Compulsory purchase law is yet another favour to corporate sector

    Posted Apr 04th 2010, 12:00am by Staff Reporter

    .... The Basic Law provides for compensation for 'lawful deprivation of property', but does not suggest what is lawful. Given that assets as lacking in emotional content as shares in a company ... of their property ('Developers benefit when there's a lot at stake', March 28). I would ask two further questions. First, how does this square with generally accepted notions of justice under ...




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