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  • November 28, 2014
  • Last updated: 11:32pm
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  1. Flat brochures must give full details: official

    Posted Jul 04th 2006, 12:00am by Dennis Eng

    ... Dennis Eng Sales brochures for new homes need to clearly inform potential buyers of all relevant aspects of a purchase and include updated pricing information, an official said yesterday. Permanent Secretary for Housing, Planning and Lands Thomas Chan Chun-yuen said sales brochures for new properties, especially uncompleted flats, should accurately detail the saleable area, including ...

  2. Cut and run

    Posted Dec 06th 2008, 12:00am by Albert Chen, Albert Cheng

    ... to stimulate sales, but this is only a gimmick. The sustainable way forward is to cut prices consistently. Albert Cheng King-hon is a political commentator ...

  3. Property sales terms set in stone

    Posted Jun 23rd 2006, 12:00am by May Chan, Yvonne Liu

    ... the government has introduced a standard definition of sales terms for new homes. This comes after a controversy in April when a man said he was duped into buying flats in a development because he believed other flats in the block had been sold, when, in fact, the sales had not been completed. The measure was released by Thomas Chan Chun-yuen, permanent secretary of Housing, Planning ...

  4. No plans to resume sales of HOS flats before 2007: Suen

    Posted May 30th 2005, 12:00am by Staff Reporter

    ... STAFF REPORTER Updated at 6.42pm: Secretary for Housing, Planning and Lands Michael Suen Ming-yeung said on Monday the government had no plans to resume sales of its Home Ownership Scheme flats earlier than 2007. There have been calls recently in Hong Kong for the resumption of sales of HOS flats- as the territory's property market continues to show a steady recovery. ...


    Posted Jun 08th 2012, 12:00am

    ... The government's land sales have gathered momentum with the sale of a prime site in Shouson Hill in Island South through public tendering. Nan Fung beat eight other bidders to buy the 110,000 sq ft site in Deep Water Bay Drive for HK$6 billion, matching expectations. In the third quarter, the government will sell eight plots worth about HK$21 billion to supply about 5,000 ...

  6. Carmakers group sees boost for green car sales

    Posted Apr 26th 2012, 12:00am

    ... environment.' In 2009, the government introduced incentives to boost car sales, including a cut in sales tax for cars with engines smaller than 1.6 litres, rebates to replace old vehicles, and a scheme ...

  7. Developers turn against law to regulate flat sales

    Posted Feb 01st 2012, 12:00am

    ... Joyce Ng joyce.ng@scmp.com Hong Kong's big developers are toughening their position against a government plan to regulate the sale of new flats. The Real Estate Developers Association ... a price list covering a minimum number of flats of a project three days before a sale began 'clearly amounts to an unlawful infringement of the owner's rights' to use or dispose ...

  8. Sichuan capital in U-turn on its home sales policy

    Posted Nov 24th 2011, 12:00am

    ... relax its home restriction policy in the next two years. The granting and registration of housing ownership certificates normally starts two years after the pre-sale of a residence. On Monday, ... government,' Lee said. Land sales, a major source of local governments' revenue, remain weak, with developers reluctant to buy land because of tighter credit, and property sales continuing ...

  9. Smaller-scale land sale planned by government

    Posted Sep 17th 2011, 12:00am

    ... to boost home supply in the face of uncertain interest from developers. The latest batch of land sales- outlined yesterday by Secretary for Development Carrie Lam Cheng Yuet-ngor- means housing ... expected to produce 6,000 flats, have been sold. Recent sales coincided with global falls in stock markets and local concerns about a real estate bubble and fell short of expectations, causing ...

  10. Beijing condemns US arms sale to Taiwan

    Posted Sep 23rd 2011, 12:00am

    ... Ministry of Defence spokesman Senior Colonel Geng Yansheng said the arms sale would 'create serious obstacles to the development of ordinary exchanges between our two militaries'. ... for the damage done to Sino-US military and security co-operation,' he said. When asked whether sanctions would be imposed against US firms involved in the sale, Hong sidestepped, but said those ...




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