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  • July 28, 2014
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  1. 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
  2. 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
  3. 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
  4. 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
  5. 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
  6. 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
  7. News - Hong Kong - HOUSING

    300 buyers compete per flat in Lantau scheme

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

    ... Olga Wong olga.wong@scmp.com Former public rental units offered to buyers too well-off to qualify for public rental homes 300 buyers compete per flat in Lantau scheme More than 10,000 buyers are competing for 34 subsidised flats put up for sale to people whose income is too high to qualify for public rental flats and too low to otherwise afford to buy a home. It means ...

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

    Developers may get revised guidelines urging clarity on fixed windows

    Posted Jun 30th 2014, 05:06am by Olga Wong, SAMUEL CHAN

    ... fixed windows in new homes is set to intensify, given the government's ambition to create 470,000 new public and private flats in the next decade by building on every inch of available ...

    http://www.scmp.com/news/hong-kong/article/1543207/developers-may-get-revised-guidelines-urging-clarity-fixed-windows
  9. News - Hong Kong - HOUSING

    District council chiefs won't budge on rezoning plans after lunch with CY

    Posted May 24th 2014, 03:00am by Olga Wong

    ... and Tsing Yi, despite local opposition. There will be a two-month public consultation on the plans before the government seeks board approval for the rezoning.   ...

    http://www.scmp.com/news/hong-kong/article/1519130/district-council-chiefs-wont-budge-rezoning-plans-after-lunch-cy
  10. Property - Hong Kong & China - HOUSING

    Proposed easing of stamp duty isn’t helping sales, property agencies say

    Posted May 20th 2014, 03:03pm by Sandy Li

    ... Wan, although it had a soft launch three weeks ago. Meanwhile, Swire Properties is inviting the public to tender for three flats in Opus Hong Kong, a luxury project in Stubbs Road. The flats, ...

    http://www.scmp.com/property/hong-kong-china/article/1516147/proposed-easing-stamp-duty-isnt-helping-sales-property

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