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  1. News - Hong Kong - REAL ESTATE

    Reda slams Town Planning Board for tighter draft zoning plans

    Posted Feb 19th 2013, 12:00am by Joyce Man

    ... Joyce Man joyce.hyman@scmp.com Reda slams tighter draft zoning plans The Real Estate Developers Association has accused the Town Planning Board of "micro-management" and failing ... be considered "non-building areas". Benjamin Yu SC, for Reda, said laying down different limits for individual plots of land and buildings went against the broad-brushed approach intended ...

  2. REDA's moaning betrays its arrogance

    Posted Feb 04th 2012, 12:00am

    ... Alex Lo alex.lo@scmp.com When you are a billionaire, it is understandable you may have your head stuck in the clouds. That may explain the absurd objections presented by REDA- a lobby ... else do you explain REDA's latest submission to Legco that says the government provided no cogent reason for the legislation 'to survive a constitutional challenge' apart from ...

  3. 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 ...

  4. Cheung Kong, SHKP reject Reda policy on land sales

    Posted Oct 04th 2003, 12:00am by Peggy Sito

    ... The city's two largest property developers are the only members of the Real Estate Developers' Association (Reda) which do not support the group's view that a freeze on public land sales should be extended for one year. Reda president Stanley Ho Hung-sun said Cheung Kong (Holdings) and Sun Hung Kai Properties (SHKP) abstained from an August 25 vote on a proposal ...

  5. Gross floor area still needed for a fair comparison of old and new properties

    Posted Jan 07th 2012, 12:00am

    ... by the Real Estate Developers Association of Hong Kong (REDA) in its press statement of December 20. Although REDA's statement focused on five separate, but equally important, issues ... gross floor area (GFA) in the sale of flats. REDA has consistently expressed its support for the government's efforts to introduce saleable area as a basis for calculating price. However, ...

  6. Government has no plans to regulate residential property sales: Suen

    Posted Jun 01st 2005, 12:00am by Staff Reporter

    ... 'The government believes that so long as developers genuinely comply with the guidelines issued by REDA, the interests of prospective purchasers would be reasonably protected, and there is no need at the moment to impose more mandatory conditions,' he said. At the urging of the government to tighten standards, REDA issued guidelines in April asking developers to make units ...

  7. Developers turn against law to regulate flat sales

    Posted Feb 01st 2012, 12:00am

    ... (REDA) now says some of the government's key proposals are unconstitutional, warning that the proposed law would not survive a legal challenge. REDA also made counter-proposals, some ... Lee Wing-tat said REDA's new approach was irrational. The law, to come into effect in 2013, is intended to better protect buyers of new homes against dishonest developers, and increase ...

  8. 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, ...

  9. Who said it?

    Posted May 08th 2012, 12:00am

    ... It is disappointing that... we have the trainer of a horse making very public complaints about a jockey's ride Jockey Club official Kim Kelly responds to the spat between Tony Millard and Douglas Whyte We are not against legislation, but we want to make sure it [complies] with the Basic Law Louis Loong Hon-biu, Reda's secretary general, on the bill to regulate flat sales I... ...

  10. SHKP signals support for resumption of land sales

    Posted Oct 03rd 2003, 12:00am by Peggy Sito

    ... effect on the property market. His remarks stand in contrast to the view of the Real Estate Developers' Association (Reda), which has urged the government to suspend land sales into next year. According to sources, Reda president Stanley Ho Hung-sun asked for the moratorium to be extended in a meeting with President Hu Jintao in Beijing last week. Mr Ho was part of a delegation ...




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