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  • July 25, 2014
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  1. News - Hong Kong - DEVELOPMENT

    Longer wait for flats on the cards amid building shortfall

    Posted Jul 24th 2014, 04:57am by FANNY W. Y. FUNG

    ... Fanny W. Y. Fung fanny.fung@scmp.com Housing Authority says only 8,900 public rental homes will be completed this year- far below target- but it expects to catch up soon Longer waits for flats amid shortfall The Housing Authority may "for a short period of time" fail to keep the average waiting time for public rental housing within three years. The authority said ...

    http://www.scmp.com/news/hong-kong/article/1557701/expect-longer-waits-flats-amid-shortfall-well-catch-soon-says-housing
  2. Business - Banking & Finance - DEVELOPMENT

    Competing interests between BRICS nations could lead to challenges for new bank: analysts

    Posted Jul 21st 2014, 03:18am by Daniel Ren, Teddy Ng, KRISTINE KWOK

    ... in the private sector, we encourage that, and we should have competition in the public sector too." She said that while the World Bank had in the past enforced conditions that were not always ...

    http://www.scmp.com/business/banking-finance/article/1556937/new-brics-bank-face-tough-challenges-analysts-say
  3. News - Hong Kong - DEVELOPMENT

    Tribunals to speed up stalled land negotiations

    Posted Jul 15th 2014, 04:29am by Olga Wong

    ... The amount of the premium will be made public only when registered with the Land Registry. If there is an excess demand for arbitration, priority will be given to projects generating more flats ...

    http://www.scmp.com/news/hong-kong/article/1554255/tribunals-speed-stalled-land-negotiations
  4. News - Hong Kong - DEVELOPMENT

    New town in northeast New Territories threatens businesses and jobs

    Posted Jul 07th 2014, 05:43am by Olga Wong

    ... is privately owned. Starting in 2018, more than 60,000 new public and private flats would be built, to house 174,000 residents. The new towns would also include shops, offices, schools and hospitals- ... for the development. The planning board, which is responsible for final approval, says it will examine more than 50,000 opposing views from the public. "If this new-town project falls apart, ...

    http://www.scmp.com/news/hong-kong/article/1548174/new-town-northeast-new-territories-threatens-businesses-and-jobs
  5. News - Hong Kong - DEVELOPMENT

    Non-indigenous villagers lose out in compensation for loss of their homes

    Posted Jul 07th 2014, 05:43am by Olga Wong

    ... basis. Occupants who aren't native are not given land, but are generally offered about HK$600,000 in cash, although the amount can vary. Some residents opt to take a public flat if they pass ... in the redevelopment plans. Ng Mee-kam, an urban planning professor at Chinese University, said the government owed the public a clear explanation as to why the golf course land would not be redeveloped. ...

    http://www.scmp.com/news/hong-kong/article/1548175/non-indigenous-villagers-lose-out-compensation-loss-their-homes
  6. News - Hong Kong - DEVELOPMENT

    New towns plan: hearing could last 2.5 years

    Posted Jul 04th 2014, 04:03am by Olga Wong

    ... because of the large number of opposite views," he said. Board members will be asked to decide today whether the public comments should be considered individually or collectively. Wong urged ... of local communities and reduce confrontation between the public and the government. "It can also avoid filibusters paralysing the board's operations," he said. Former board member ...

    http://www.scmp.com/news/hong-kong/article/1545997/new-towns-plan-hearing-could-last-25-years
  7. News - Hong Kong - DEVELOPMENT

    Public square planned as Queen's Pier restoration delayed for five years

    Posted May 20th 2014, 04:04am by Olga Wong

    ... Olga Wong olga.wong@scmp.com Government proposes building piazza to showcase colonial history of Queen's Pier Public square planned as pier restoration delayed The dismantled ... the ceremonial activities associated with their appointments. But the government said the relocation was supported by the majority of the public and the restoration could be done a year earlier than ...

    http://www.scmp.com/news/hong-kong/article/1515824/public-square-planned-queens-pier-restoration-delayed-five-years
  8. Property - Hong Kong & China - DEVELOPMENT

    Ghost buildings haunt Tianjin's 'Manhattan' project

    Posted Jul 02nd 2014, 04:49am by BLOOM

    ... will pay" for it through bank bailouts, recapitalisation with public money or inflation. While a debt crisis was unlikely and major cities like Tianjin could fill vacancies, some credit and assets ...

    http://www.scmp.com/property/hong-kong-china/article/1544384/ghost-buildings-haunt-tianjins-manhattan-project
  9. News - Hong Kong - DEVELOPMENT

    Battle over new towns plan is for the future of Hong Kong, say villagers

    Posted Jun 29th 2014, 05:41am by Ada Lee, Emily Tsang, Amy Nip

    ... the future of Hong Kong". They asked the public to join a protest to the Town Planning Board, while lawmakers repeated their intention to ask the courts to overturn Friday's vote ...

    http://www.scmp.com/news/hong-kong/article/1542699/battle-over-new-towns-plan-future-hong-kong-say-villagers
  10. News - Hong Kong - DEVELOPMENT

    New compensation model for displaced villagers proposed by HKU economist

    Posted Jun 28th 2014, 03:41am by FANNY FUNG

    ... of Singapore, Wong said Hong Kong's Housing Authority should stop building public rental units and build subsidised flats for sale at prices affordable to low-income residents. This would ...

    http://www.scmp.com/news/hong-kong/article/1542112/new-compensation-model-displaced-villagers-proposed-hku-economist

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