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  • October 24, 2014
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  1. Stanley Ho to step down as Reda president

    Posted Apr 04th 2011, 12:00am

    ... Stewart Leung Chi-kin, who recently retired as an executive director of New World Development, is expected to replace him. A person associated with Reda said none of its vice-presidents- including ... by everyone here. He is now retired and should have some free time to do this important job.' Another Reda member said Ho, 89, wanted to step down a couple of months ago. 'Even though he ...

  2. Painful truth hits home for building giants

    Posted Aug 14th 2011, 12:00am

    ... Kong Real Estate Developers Association (REDA) more than a year ago. A lack of openness and communication plus a perceived closeness to the government were the main criticisms cited by the respondents. Now, after much soul-searching, REDA has pledged to 'be as transparent as we can be'. Two surveys were commissioned in July last year. One was of 42 stakeholders including NGOs, ...

  3. Developers open website, but questions still remain

    Posted Jul 27th 2011, 12:00am

    ... although the information is still limited. The change follows a reshuffle of the Real Estate Developers Association (REDA) in April, with former Swire Properties chairman Keith Kerr replacing Macau gambling tycoon Stanley Ho Hung-sun- who led the association for more than 25 years- as president. It is also seen as another step in an image-improvement campaign that began when REDA hired public ...

  4. Ex-Swire chief takes on new role

    Posted Apr 14th 2011, 12:00am

    ... decades of experience in the real estate industry, said: 'Under his [Ho's] leadership, REDA has become an effective voice representing the real estate industry in Hong Kong. ... the Societies Ordinance, REDA has more than 500 individual and 300 corporate members. It regulates the business practices of members and considers, investigates and inquires into matters and questions ...

  5. Property tycoons take on planners

    Posted Jul 28th 2011, 12:00am

    ... areas, claiming that the authority has been acting unfairly. In a writ filed in the High Court on Tuesday, the Real Estate Developers Association (REDA) has applied for a judicial review of the board's decision not to recommend relaxation of Planning Department restrictions in the four areas- Wan Chai, Mong Kok, Yau Ma Tei and Kowloon Bay. The writ states that REDA is making ...

  6. Developer must set priorities under new floor area rules

    Posted Jan 24th 2011, 12:00am by Staff Reporter

    ... determination by the Real Estate Developers Association of Hong Kong (REDA) to increase transparency and flow of information, several of the points you make are taken out of context. Your editorial implies that REDA is threatening that, if the new rules on gross floor area are imposed, the developers would stop building amenities, such as clubhouses and swimming pools, thus shifting the onus ...

  7. Developers want date for extra stamp duty to end

    Posted Jan 05th 2011, 12:00am by Paggie Leung

    ... clause in the bill,' Louis Loong, secretary general of the Real Estate Developers Association (Reda), said yesterday as legislators met interested parties about the new levy. 'For ... She said too many exemptions and an appeal system would limit the effectiveness of the measure. Separately, Reda ruled that the row involving William Kwok Tsz-wai, director of Cheung Kong ...

  8. Developers offer to fund mediation

    Posted Apr 07th 2011, 12:00am

    ... yesterday that its corporate members were prepared to pay the owners' share of the mediator's fee under a pilot mediation scheme which was launched by the government in January. 'Reda ... and business as well as to improve safety and hygiene standards,' said Keith Kerr, chairman of Reda's executive committee. The association said it would foot the HK$1,500 hourly fee that each ...

  9. Letters

    Posted Aug 28th 2011, 12:00am

    ... to my letter ('Apartment size rip-off unacceptable', August 14). He said the situation I described did not 'fall within the purview' of REDA. He added that REDA and its ... to contradict his president's message on the REDA website that REDA would 'become an important resource to the people of Hong Kong, whether they are members of the association, engaged ...

  10. A long way to go on transparency

    Posted Aug 21st 2011, 12:00am

    ... Few organisations beyond the government have as much impact on Hong Kong as the Real Estate Developers Association (REDA). Its members build and invest in property and by doing so ... that public perceptions of the organisation are not the best. REDA recognises it needs to do more to change that view of its members. But this will involve more than the website it set up three months ...




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