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  • November 26, 2014
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Results 1 - 10 of 11 for property law

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  1. News - Hong Kong - HOUSING

    Prosecutors get suspected breaches of flat sales from watchdog 'weekly'

    Posted Nov 13th 2014, 03:37am by CHEUNG CHI-FAI

    ... rules. Many of the cases were related to false representations in advertisements and problems with price lists that the watchdog, the Sales of First-hand Residential Properties Authority, did ... by a successful trial in court." The department declined comment on the issue. The Residential Properties (First-hand Sales) Ordinance, in effect since April last year, governs the ways developers ...

    http://www.scmp.com/news/hong-kong/article/1638326/prosecutors-get-suspected-breaches-flat-sales-watchdog-weekly
  2. News - Hong Kong - HOUSING

    Property cooling measures unfair to locals, Hong Kong lawmakers say

    Posted Sep 17th 2013, 12:00am by NG KANG-CHUNG

    ... to locals' Housing officials are facing mounting pressure to scale back an anti-speculation measure that seeks to cool the market by taxing corporate property buyers more than private buyers. ... stamp duty introduced last October. The rule demands overseas or corporate buyers of local properties pay 15 per cent of the price as tax on top of the existing stamp duty and a special stamp ...

    http://www.scmp.com/news/hong-kong/article/1311063/property-cooling-measures-unfair-locals-hong-kong-lawmakers-say
  3. News - Hong Kong - HOUSING

    Life of misery in shadow of the corporate giants

    Posted Jul 08th 2013, 12:00am by LO WEI

    ... buildings but they say they have no choice because rents are soaring everywhere. "The property owner has broken the law, but at least he is giving us shelter. The government has not helped us ...

    http://www.scmp.com/news/hong-kong/article/1277507/life-misery-shadow-corporate-giants
  4. Property - Hong Kong & China - HOUSING

    Subsidised flats first to be offered for sale using saleable area

    Posted Dec 21st 2012, 12:00am by Paggie Leung

    ... home purchase plan" will be the first residential property development in the city to provide flat details in terms of saleable area only, and not gross floor area. The 988 flats ... "We guess the offer will be 10 times oversubscribed," said Oliver Law Lin-fat, senior manager of planning and development at the Housing Society. "We use saleable area because we ...

    http://www.scmp.com/property/hong-kong-china/article/1109437/subsidised-flats-first-be-offered-sale-using-saleable-area
  5. 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

    ... with as little as a week’s notice. Yeung is far from alone. While property prices have fallen by about 5 per cent from their peak in March last year, the average cost of renting keeps increasing. The bed ... contractual agreement. Almost half of tenants said they were given less than a month’s notice to move out. The lack of clear laws mean landlords are not sanctioned when they enter into agreements, ...

    http://www.scmp.com/news/hong-kong/article/1504425/my-flat-30-sq-ft-and-infested-bugs-poor-forced-dismal-housing-shows
  6. News - Hong Kong - HOUSING

    HK$91m plan all set to help people out of cage homes

    Posted Oct 09th 2012, 12:00am by Phila Siu

    ... committee chairman Law Chi-kwong hopes to target a specific group of low-income people who do not get Comprehensive Social Security Assistance and do not live in public housing. Law said ... them,'' Law said. People who want to apply for the payments need to meet several criteria. There is a limit on the average monthly household income of the applicants- HK$8,740, HK$13,410 ...

    http://www.scmp.com/news/hong-kong/article/1056505/hk91m-plan-all-set-help-people-out-cage-homes
  7. News - Hong Kong - HOUSING

    Government aims to complete housing projects earlier

    Posted Feb 06th 2013, 12:00am by Joyce Ng

    ... housing applicants to take into account the effect of the minimum wage law. The Transport and Housing Bureau said in a paper submitted to the Legislative Council yesterday that it planned ... expenditure but not income growth. The minimum wage law has given some low-paid people a small rise that took them out of the income band for public housing. Authority member Michael Choi Ngai-min ...

    http://www.scmp.com/news/hong-kong/article/1143960/government-aims-complete-housing-projects-earlier
  8. Property - Hong Kong & China - HOUSING

    New home deal has Granny flat included

    Posted Nov 15th 2013, 04:47am by Olga Wong, Yvonne Liu

    ... a project that is specially designed to cross the generations. We hope to encourage more buyers to take care of their parents or parents-in-law," said the society's assistant general ... Data released by real estate agent Centaline shows that second-hand flats from Sun Hung Kai Properties' recently completed iUniQ Residence in Shau Kei Wan are priced from HK$19,463 ...

    http://www.scmp.com/property/hong-kong-china/article/1356083/new-home-deal-has-granny-flat-included
  9. News - Hong Kong - HOUSING

    URA tackles more shabby blocks in owner-initiated projects

    Posted Jun 29th 2013, 12:00am by LO WEI

    ... within two months. In the meantime, the authority will propose using either cash or alternative housing to acquire the properties. A project will proceed only if 80 per cent of owners indicate ... district, where her mother-in-law, who has bowel cancer, also lived. Over at Sham Shui Po, several housewives were excited about the potential redevelopment. "I'm so happy today," one ...

    http://www.scmp.com/news/hong-kong/article/1271300/ura-tackles-more-shabby-blocks-owner-initiated-projects
  10. News - Hong Kong - HOUSING

    URA may change consensus threshold after single holdout threatens project

    Posted Dec 22nd 2012, 12:00am by Olga Wong

    ... to sell his shop. Under the authority's policy, demand-led projects can only begin when at least 80 per cent of owners in a lot agree to sell their properties. The concept was initiated under ... pilots started this year, with the remaining two located in Hai Tan Street, Sham Shui Po, moving ahead smoothly. The authority's Quinn Law Yee-kwan, who will retire next month, said ...

    http://www.scmp.com/news/hong-kong/article/1110106/ura-may-change-consensus-threshold-after-single-holdout-threatens

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