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  • September 19, 2014
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Results 1 - 10 of 36 for rental expense

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  1. News - Hong Kong - DEVELOPMENT

    Chuk Yuen villagers' delay bid could hit border project deadline

    Posted Sep 12th 2014, 02:42am by FANNY W. Y. FUNG

    ... A further 16 have been given land to build a house at their own expense. The non-indigenous villagers, who have fewer rights over their land, are receiving up to HK$600,000 compensation per ...

  2. News - Hong Kong - DEVELOPMENT

    Housing chief admits land shortfall in plan to build 200,000 public rental flats

    Posted May 05th 2014, 01:59pm by SAMUEL CHAN

    ... Transport and housing minister Professor Anthony Cheung Bing-leung today confirmed that the land available for public rental flats falls short of the official target to build 200,000 apartments over ... to meet its ambitious home-building targets. The report also said that in 2012 the government already projected the average waiting time for public rental flats will extend to five years in 2020 ...

  3. 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 ...

  4. 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 ...

  5. Property - Hong Kong & China - DEVELOPMENT

    Leung Chun-ying's housing push puts industrial sector out

    Posted Jul 02nd 2014, 04:49am by Peggy Sito, Yvonne Liu

    ... priority of boosting housing supply had come at the expense of other land-use needs, in particular, crimping the stock of industrial land. "If all this land is changed to residential, where do ...

  6. News - Hong Kong - DEVELOPMENT

    Challenging period ahead, warns Housing Authority as it reveals shrinking surplus

    Posted Jan 07th 2014, 10:59am by FANNY FUNG

    ... to a rise in the deficit of its public rental housing account. It is forecast to hit HK$1.64 billion next year, more than double the HK$800 million in the revised budget for the current year. ... is the government's plan to increase public rental housing production in order to meet rising demand. The Leung Chun-ying administration had pledged to build an average of 15,000 public housing flats for rent ...

  7. News - Hong Kong - DEVELOPMENT

    Traders in fishing village to protest government housing plan

    Posted May 13th 2014, 10:59am by Danny Mok and Jennifer Ngo

    ... station- a 15 minute uphill walk from the village. Lei Yue Mun is served by just two red minibus routes, from Mong Kok and Kwun Tong. "The cars with monthly parking rentals alone would take up ...

  8. News - Hong Kong - DEVELOPMENT

    Lunch with CY Leung: district council leaders opposed to housing plans to meet the chief executive

    Posted May 21st 2014, 04:50am by Emily Tsang, Olga Wong

    ... The lunch invitation is believed to be an attempt to overcome obstacles that may block Leung's pledge to build 200,000 new public rental flats by 2023. On his blog last night, Leung said ...

  9. News - Hong Kong - DEVELOPMENT

    'Hong Kong mindset' blamed for failure of care home incentive scheme

    Posted Dec 30th 2013, 04:58am by Olga Wong

    ... chief said he just could not afford the waiver- a monthly fee requested by the government to change the land use- as it doubled the monthly rental of HK$400,000. "It was a very disappointing experience," Chan said. Some speculate that the expensive waiver cost was a result of the pressure exerted from residents. Sha Tin district councillor, Scarlett Pong Oi-lan, who owns ...

  10. News - Hong Kong - DEVELOPMENT

    Villagers warn of social unrest over zoning plans for country park enclaves

    Posted Apr 28th 2014, 05:43pm by Ernest Kao

    ... was expanding green belt and country parks at the expense of the city’s housing needs. “The next generation will have no more land or a place to call their own. I can assure you anti-government riots ...




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