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  1. News - Hong Kong - HOUSING

    Watchdog urged to investigate building maintenance bid-rigging

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

    ... Timmy Sung timmy.sung@scmp.com Watchdog urged to probe bid-rigging The competition watchdog was urged yesterday to investigate bid rigging in building maintenance projects to protect the city's homeowners. About a dozen members of the Property Owners' Alliance Against Bid Rigging met Anna Wu Hung-yuk, the Competition Commission's chairwoman, to discuss how the body can ...

    http://www.scmp.com/news/hong-kong/article/1581282/watchdog-urged-investigate-building-maintenance-bid-rigging
  2. 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

    ... square foot at the luxury Bel-Air estate in Pok Fu Lam. Tung Yuk-ying, 50, was first in line to buy, putting the deposit down on a HK$880,000 flat to share with his mother and wife. Tung, whose ...

    http://www.scmp.com/news/hong-kong/article/1581244/no-rush-bargain-flats-lantau-sky-high-management-fees
  3. 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

    ... announced the loosening of home purchase restrictions. In other cities, transactions barely reacted to the loosening of controls. Nicole Wong, head of property research at CLSA in Hong Kong, said ...

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

    Tai Po apartment project sells 400 Mont Vert units in first day despite 'no viewing' rule

    Posted Jul 27th 2014, 05:26am by Langi Chiang

    ... to determine the order of priority for prospective buyers, who exceeded 10,000. A spokeswoman for the developer, which is controlled by Asia's richest man, Li Ka-shing, said the company was happy ... department. The launch prices at Mont Vert are regarded by industry observers as the lowest for a new project in Tai Po. Peter Wong, a director at Hong Kong Property Services, said almost all ...

    http://www.scmp.com/property/hong-kong-china/article/1560101/tai-po-apartment-project-sells-400-492-mont-vert-units
  5. News - Hong Kong - HOUSING

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

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

    ... Olga Wong olga.wong@scmp.com Property specialists note that the government is pushing small developments to boost flat total High management fees likely for single-block homes The growing ... 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
  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

    ... Olga Wong olga.wong@scmp.com Lawmakers call for study into rent controls Lawmakers have called on the government to consider reintroducing rent controls despite government findings ... assistant secretary for housing Vicki Kwok Wong Wing-ki said. The report cited research by the Organisation for Economic Cooperation and Development from 2011 that found landlords might charge ...

    http://www.scmp.com/news/hong-kong/article/1549165/lawmakers-call-study-return-rent-controls-protect-tenants
  7. 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 ... opposition by saying only [the views of] 272 households [on Fu Heng] will be affected and that they account for only about 4.7 per cent of the total" 5,800 Fu Heng flats, councillor Wong Pik-kiu ...

    http://www.scmp.com/news/hong-kong/article/1550583/plans-flats-two-tai-po-sites-rejected
  8. Property - Hong Kong & China - HOUSING

    Positive sentiment bodes well for upcoming launches of new homes

    Posted Jul 08th 2014, 02:59pm by Peggy Sito

    ... the previous weekend. BNP Paribas analyst Patrick Wong said in a report that developers have reaped successful sales over the past few weeks. For example, of 691 units at The Grand Austin, owned by Wheelock, New World Development and MTR Corp, more than 500 units were sold for a total of about HK$10 billion in the past 16 days. Wong said market response remains positive, and that would benefit ...

    http://www.scmp.com/property/hong-kong-china/article/1549581/positive-sentiment-bodes-well-upcoming-launches-new-homes
  9. 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 ... group warned that it could run up a deficit of up to HK$490 billion in the 22 years starting in 2019. Committee chairman Stanley Wong Yuen-fai saw no justification for waiving rent at a time ...

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

    An open-and-shut case? Not for some homebuyers

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

    ... Olga Wong olga.wong@scmp.com Information on windows that can only be opened for maintenance is buried in sales brochures An open-and-shut case? Not for some homebuyers With ventilation ... A flat of about 1,400 sq ft in tower 16 was sold for HK$13.76 million last year. Wong Kwok-hing, who chairs the Legislative Council housing panel, said: "The way developers present ...

    http://www.scmp.com/news/hong-kong/article/1543200/open-and-shut-case-not-some-homebuyers

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