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  • August 31, 2014
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  1. News - Hong Kong - HOUSING

    100,000 children’s families in queue for public rental flats

    Posted Aug 25th 2014, 05:31am by Patsy Moy

    ... Patsy Moy patsy.moy@scmp.com 100,000 children's families in queue for public rental flats The number of children whose families are in the queue for public housing has jumped 30 per cent in three years and now tops 100,000, a welfare group says. A family of four now has to wait six to seven years on average to be allocated a public rental flat despite a pledge by Chief ...

    http://www.scmp.com/news/hong-kong/article/1580445/100000-children-queue-public-rental-flats
  2. News - Hong Kong - HOUSING

    Watchdog urged to investigate building maintenance bid-rigging

    Posted Aug 28th 2014, 04:56am by TIMMY SUNG

    ... "The government's publicity strategy on anti-bid rigging is wrong. It should tell the public how widespread and serious the problem is," Lam said. He called for inter-departmental ...

    http://www.scmp.com/news/hong-kong/article/1581282/watchdog-urged-investigate-building-maintenance-bid-rigging
  3. News - Hong Kong - HOUSING

    No rush for bargain flats on Lantau with sky-high management fees

    Posted Aug 28th 2014, 04:56am by FANNY FUNG

    ... Fanny W. Y. Fung fanny.fung@scmp.com Majority of applicants given priority to buy cheap public flats opt against picking a home on first day- but some just can't wait to live ... for people and families too poor to buy privately but too well off for public housing. Some 12,500 applicants joined a ballot to buy the flats, with families that had at least one elderly member ...

    http://www.scmp.com/news/hong-kong/article/1581244/no-rush-bargain-flats-lantau-sky-high-management-fees
  4. News - Hong Kong - HOUSING

    24 sites reserved for public housing sold to developers, says report

    Posted Jul 10th 2014, 04:30am by Jennifer Ngo

    ... Jennifer Ngo jennifer.ngo@scmp.com Public housing land sold to developers: report Despite long queues for public housing and a shortage of land, 24 plots of land originally reserved for public housing were returned to the government between 2001 and 2013 and eventually sold to developers or converted to other uses. A report released by the Legislative Council Public Accounts ...

    http://www.scmp.com/news/hong-kong/article/1550584/24-sites-reserved-public-housing-sold-developers-says-report
  5. Property - Hong Kong & China - HOUSING

    Prices for new homes in China drop in record 64 cities

    Posted Aug 18th 2014, 10:30am by Langi Chiang

    ... buyers. Partly because of the tight credit policy, property transactions retreated to pre-relaxation levels in cities such as Hohhot, Jinan and Nanning, a couple of weeks after they publicly ...

    http://www.scmp.com/property/hong-kong-china/article/1575915/home-prices-drop-record-64-mainland-cities
  6. News - Hong Kong - HOUSING

    Public flat tenants face 10pc rent rise

    Posted Jul 03rd 2014, 03:26am by Olga Wong

    ... Olga Wong olga.wong@scmp.com Public flat tenants facing 10pc rent rise Public housing tenants will be asked to help relieve the Housing Authority's financial burden with a rent ... The authority is facing a growing financial burden as the government pushes it to build 200,000 public rental flats in the next decade, a problem made worse by rocketing construction costs. The cost ...

    http://www.scmp.com/news/hong-kong/article/1545118/housing-authority-set-increase-rents-public-flats-10-cent
  7. News - Hong Kong - HOUSING

    Public-flat funding 'no longer works'

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

    ... Fanny W. Y. Fung fanny.fung@scmp.com Housing Authority can no longer raise enough money from selling subsidised flats to build more homes for rental, minister admits Public-flat funding 'no longer works' The Housing Authority policy of building public rental flats with the proceeds of subsidised homes built for sale is "no longer applicable", the housing ...

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

    High management fees likely for single-block developments, say property specialists

    Posted Jul 25th 2014, 03:42am by Olga Wong

    ... to their mortgage payments and more than those for at least one luxury estate. Buyers at Tin Lee Court in Tai O, a 19-year-old block of 85 flats converted from public rental to HOS, will pay fees ranging ... committee, Stanley Wong Yuen-fai, said: "We have learned a lesson. In future planning, we should consider if public housing is workable on remote sites and in small projects." Monthly ...

    http://www.scmp.com/news/hong-kong/article/1558541/high-management-fees-likely-single-block-developments-say-property
  9. News - Hong Kong - HOUSING

    Plans for flats on two Tai Po sites rejected

    Posted Jul 10th 2014, 04:30am by BRIAN YAP, Olga Wong

    ... Brian Yap and Olga Wong Incomplete assessment of the impact of public flats projects draws criticism from councillors who accept a third, largely undeveloped, site Tai Po flat plans fail to get past council Plans for more public housing flats in Tai Po came under attack from district councillors yesterday, with criticism ranging from a failure to consider transport infrastructure ...

    http://www.scmp.com/news/hong-kong/article/1550583/plans-flats-two-tai-po-sites-rejected
  10. News - Hong Kong - HOUSING

    Lawmakers call for study into return of rent controls to protect tenants

    Posted Jul 08th 2014, 03:42am by Olga Wong

    ... on the government to hold a public consultation on rent controls and to set a timetable for a review. It came as the government released a report on rent controls overseas. Average residential rents ...

    http://www.scmp.com/news/hong-kong/article/1549165/lawmakers-call-study-return-rent-controls-protect-tenants

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