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  • September 22, 2014
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  1. Interest groups speak their minds

    Posted Jul 02nd 2011, 12:00am

    ... resign Full autonomy for Hong Kong Scrap by-election reform Topple property hegemony Resume government-subsidised housing scheme Increase salaries for domestic helpers No brainwashing in moral ... are not asking to be raped No more genetically modified papayas No more subdivided flats Small-class education No more MPF (Mandatory Provident Fund) More smoking areas, lower tobacco tax No more killing ...

  2. Home seekers draw the line: it's too rich for us

    Posted Oct 11th 2010, 12:00am by Sandy Li

    ... cent to HK$1.6 million per flat for subsidised housing and up 28 per cent to HK$1 million for public rental flats in the second-hand market this year compared with last year. 'A bubble ... when home seekers overwhelmingly baulked at buying a 401 sq ft flat for a hefty HK$5.97 million. In one of the worst responses to a property launch in recent years, only two flats ...

  3. Seller sued for backing out of HK$77m flats deal

    Posted Mar 20th 2012, 12:00am

    ... to buy four flats in the Imperial Cullinan development in Hoi Fai Road, Kowloon. The writ describes Tong as an 'experienced real estate investor', and cites the owners of the four luxury flats as four companies controlled by Tong. Tong bought the flats in July last year for HK$91 million, and agreed to sell them to Yeung in January for 85 per cent of that price. The writ ...

  4. Harbour Fest disaster

    Posted Nov 07th 2003, 12:00am by Staff Reporter

    ... The financial secretary has just announced a commission of inquiry into government-subsidised Harbour Fest. Who do you think is to blame for the mess? Share your views. ...

  5. Bubble may be about to burst again, analyst says

    Posted Jun 22nd 2011, 12:00am

    ... beginning to slow, even though prices remain high.' On June 10, the government announced the launch of eight sites for sale, on which it expects developers to build 6,000 flats. The move ... for the first time also added tougher restrictions on non-resident borrowers. Momentum is also building for the government to revive its subsidised Home Ownership Scheme, suspended in 2002. Koh said ...

  6. Party's over as developers forced to slash flat prices

    Posted Nov 07th 2011, 12:00am

    ... of 50 flats in The Wings in Tseung Kwan O at an average of HK$8,750 per square foot- about 30 per cent lower than for the first batch. The HK$12,698 per sq ft price of the first 50 flats was a record for the district and more than double the prices in the secondary market. SHKP's change in pricing prompted a US pension fund to release the six remaining flats at Meridian Hill ...

  7. Prime-flat sales still satisfactory, agents say

    Posted Jun 01st 2011, 12:00am

    ... Peggy Sito peggy.sito@scmp.com Despite recent mortgage rate rises, sales of new homes at some developments in Hong Kong remain satisfactory, agents say. Seventy-four new flats were sold last weekend, up from 57 on May 21 and 22. Sun Hung Kai Properties launched its i.UniQ Residence in Shau Kei Wan last week, and sold all 117 flats released, generating about HK$800 million ...

  8. Developer sorry for flat size error

    Posted Apr 23rd 2011, 12:00am

    ... Olga Wong Sun Hung Kai Properties has apologised to buyers who were misled about the sizes of their newly-bought flats in a Yuen Long development due to a mistake in the sales brochures. The developer will pay compensation to those who paid too much for their flats as a result of the mix-up, but will not claim money back from those who paid too little. More than 90 per cent ...

  9. HK$8m for New York flat that doubles as hotel room

    Posted Apr 06th 2011, 12:00am

    ... million would buy a furnished studio flat in the 46-storey luxury development in downtown Manhattan. Agents claimed the rental yield would work out at five per cent a year. With areas ranging from ... York. Leung will also launch a roadshow for the project in Shanghai later this month. She believed eight to 10 flats on lower floors could be offered at bigger discounts, taking their prices ...

  10. Tsang fails to win the economic legacy he wants

    Posted Oct 13th 2011, 12:00am

    ... flats for sale at subsidised prices to middle-income families. In a city where the average home price now exceeds 11 years of average household income, any initiative to build low-cost housing is welcome. But the number of flats planned- just 17,000 over four years from 2016- is too small to affect affordability except for the few families lucky enough to secure one of the new 500 square ...




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