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  1. Flats revamp premium not ruled out

    Posted Aug 02nd 2006, 12:00am by Chloe Lai

    ... of the flats should not require a premium. Mr Leung said that after repeated delays New World and Sun Hung Kai Properties- which took over the empty flats from the government after the subsidised Home ... Chloe Lai The government yesterday refused to commit itself to exempting developers from paying a land premium for minor changes to Hunghom Peninsula, the former subsidised housing project ...

  2. Flats sold for less than bottom line

    Posted Jul 15th 2009, 12:00am by Staff Reporter

    ... with the consortium of developers Exco had set HK$1.15 billion as the minimum that should be accepted for the government-subsidised estate, left vacant by the shelving of the Home Ownership Scheme. 'The ...

  3. Rush of new flats before year's end

    Posted Sep 07th 2011, 12:00am

    ... and the resumption of the subsidised Home Ownership Scheme. Kwock estimated that about 6,500 new private flats totalling HK$78 billion would be put on sale in the second half of this year, compared ... Paggie Leung paggie.leung@scmp.com Developers are expected to be more aggressive in launching new flats in the second half of the year, with many projects likely to be launched before ...

  4. Hunghom developers will sell to mass market

    Posted Mar 30th 2006, 12:00am by May Chan, Yvonne Liu

    ... 2004, when the government, having frozen sales of subsidised flats under the Home Ownership Scheme, sold the site. Weeks later, the developers announced they intended to demolish the estate ... May Chan and Yvonne Liu Having been mothballed, sold to developers, then saved from demolition after an outcry, harbourfront flats in Hunghom will, after all, be sold to ordinary families. ...

  5. Soaring property prices fuel talk of sale restrictions

    Posted Aug 20th 2010, 12:00am by Olga Wong

    .... The statistics, compiled by Centaline Property Agency last month, are regarded as conservative, as they do not cover company buyers or sales of subsidised flats. Also, only buyers with their names written ... Olga Wong As property prices keep rising, debate is heating up on whether restrictions should be imposed on outside investors buying flats in Hong Kong. Research shows more than a third ...

  6. Tung Chee-hwa queried details of land deal

    Posted Jun 03rd 2009, 12:00am by Staff Reporter

    ... the government's asking price of about HK$1.7 billion. Mr Leung was criticised in 2004 when the government sold the Hunghom Peninsula, a never-occupied subsidised housing estate, to a consortium including ... land premium discounts. Lastly, Mr Tung asked if the department had seriously considered other options- with either the government or the housing authority buying back all the flats. Mr Tong ...

  7. Record Mid-Levels sales fall through

    Posted Jun 16th 2010, 12:00am by Joyce Ng, Olga Wong, Paggie Leung

    ... on developers' sales tactics, steps to rein in prices and the resumption of subsidised-flat construction prompted Chief Executive Donald Tsang Yam-kuen to proclaim that homes remained affordable ... Olga Wong, Paggie Leung and Joyce Ng The world's most expensive flat? Perhaps not. More than six months after Henderson Land trumpeted the sale of 24 flats at a luxury Mid-Levels ...

  8. Suspect property deals will be probed, Tsang says

    Posted Mar 21st 2010, 12:00am by Celine Sun, Gary Cheung

    ... under which the government built flats for subsidised sale. 'The government decided several years ago to stop playing the role of a property developer [by building HOS flats]. It would ... to a question in a radio interview amid controversy over whether Henderson Land faked the sale of flats in a luxury Mid-Levels development to boost sales. Records from the Land Registry show that only ...

  9. Hung Hom housing project sees strong demand despite high prices

    Posted Dec 21st 2007, 12:00am by Sandy Li

    ... Sandy Li Sun Hung Kai Properties and New World Development will have an additional reason to celebrate this Christmas, as flats offered for sale at their Harbour Place development in Hung ... blocks. The units were snapped up despite being about 30 per cent more expensive than flats in the neighbourhood. The units were offered at between HK$5,000 and HK$9,365 per square foot, ...

  10. Ads for flats on mainland website probed

    Posted Aug 01st 2012, 12:00am

    ... Joyce Ng joyce.ng@scmp.com The estate agent watchdog is looking into whether five agencies breached trade regulations by promoting homes at five new developments on a mainland website. Reviewing its work over the past year, Estate Agents Authority chairwo ...




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