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  • September 3, 2014
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  1. Property - Hong Kong & China

    Getting a flat in new affordable housing project in Beijing like winning a lottery

    Posted Feb 25th 2014, 11:07am by CELINE SUN; LANGI CHIANG

    ... are permanent residents of Beijing without a flat and those already enrolled for a unit in other government-subsidised affordable housing. The project, called Royal Scenery, is part of a broad plan ... in Beijing comes down to luck of the draw It's like a lucky draw. More than 140,000 families are lining up for only 2,000 flats on sale in Beijing's first "self-use commercial ...

  2. News - China - Beijing

    Exorbitant property prices reported in Beijing university district

    Posted Mar 21st 2013, 05:24pm by Ernest Kao

    ... price of 3.5 million yuan (HK$4.4 million) - close to the very high levels in Hong Kong. The price of the 37-square-metre (400 sq ft), one-bedroom flat located in the city’s northwest Wudaokou ... the neighbourhood as being at "the centre of the universe". Last October, a 38 sq m flat sold for a staggering 60,500 yuan per sq ft. Wudaokou is also home to many top universities including ...

  3. News - China

    Migrant families in Beijing forced to educate their children at unlicensed schools

    Posted Mar 06th 2013, 12:00am by Raymond Li

    ... or private schools that receive government subsidies. He suggested that the Beijing municipal government licence and subsidise existing schools for migrant children if there are not enough openings ...

  4. News - China - BALLOON DISASTER

    Beijing urged to tighten controls over hot-air balloons after tragedy in Egypt

    Posted Mar 02nd 2013, 12:00am by STEPHEN CHEN

    ... more money and terrains are ideally flat for landings and take-offs. If history is any indication, though, the tragedy in Egypt could set back the ballooning industry in China by slowing ...

  5. Property - Hong Kong & China - MAINLAND

    Affordable-housing sales poor in tier-one mainland cities

    Posted Feb 20th 2013, 12:00am by Yvonne Liu

    ... who qualify cannot afford to buy the flats," he said. A property agent said: "We were appointed as selling agents of a subsidised housing project in Shanghai last year. "We ... Yvonne Liu yvonne.liu@scmp.com Big-city affordable-housing sales weak Sales of government-subsidised housing in Shanghai and Beijing have been disappointing because those who qualify ...

  6. Property - Hong Kong & China - MAINLAND

    Beijing property prices rising sharply beyond reach of some buyers

    Posted Feb 06th 2013, 12:00am by Peggy Sito, Celine Sun

    ... in Beijing. The 33-year-old bank employee and her husband began looking for their first flat in 2008, and five years later they have finally found something close to what they have been looking ... residential block in Beijing's Chaoyang district). But until recently, after viewing more than a dozen flats they had still not found a place to buy, even though they now had more money to spend. ...

  7. Property - Hong Kong & China - Beijing

    Beijing's high-end property market continues to grow

    Posted Jan 02nd 2013, 12:00am by Celine Sun

    ... for the past two years and the trading is getting more active." Beijing said in 2010 that local residents could purchase no more than two flats in the city while nonlocal residents must pay taxes in the city for five years before buying a home there. "But this [policy] is not a big problem for many high-income people. As long as they want to, they can actually buy a flat in the name ...

  8. Property - Hong Kong & China - Market

    Rebound in sales of flats in Beijing after party names new leaders

    Posted Nov 28th 2012, 12:00am by Yvonne Liu

    ... in sales of flats in Beijing The release of pent-up demand after three months of slow sales boosted home-buying in Beijing this month. "Sales of new and second-hand homes in the capital city ... for the previous month. But that would still be below the 16,000 and 17,000 deals recorded in March and April, the peak so far for the year. Beijing Huaye Real Estate released more than 200 flats at its ...

  9. News - China

    Migrant workers feel the squeeze in Beijing micro-flats

    Posted Nov 22nd 2012, 06:28pm by Staff Reporter

    ... Staff Reporter Just when you thought Hong Kong’s sub-divided flats couldn’t get any smaller, consider this – more than 38 residents squeeze themselves into an Beijing apartment measuring about 130 square metres (1,400 square feet), the Southern Metropolitan Daily reported on Wednesday. In a high-end residential area in uptown Beijing, the owner of a three-storey duplex ...

  10. News - China

    The solution to Beijing's problems: move the capital to Hebei

    Posted Oct 22nd 2012, 12:00am by Wang Xiangwei

    ... buy a flat and the number of flats they can buy. There is a thick irony in Beijing's aspiration to be a world-class city when its residents cannot buy a car or flat freely. Pollution, ...




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