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  • April 21, 2014
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  1. News - China - HOUSING

    One dead in Ningbo apartment collapse

    Posted Apr 05th 2014, 03:35am by STEPHEN CHEN

    ... the port city of Ningbo yesterday morning, killing at least one resident and injuring several others. Rescuers continued to search the debris in the hopes of finding any additional survivors. Seven ... said that after a recent typhoon the building started to make strange sounds, state television reported. According to officials in Fenghua, a small city on the outskirts of Ningbo in Zhejiang ...

  2. News - Hong Kong - HOUSING

    Rising rents taking biggest toll on the poor

    Posted Mar 24th 2014, 05:26am by LO WEI

    ... Lo Wei wei.lo@scmp.com Survey finds city's lowest earners spend nearly two-thirds of their income on housing Rising rents taking biggest toll on the poor At 59, Chiu Man-sun has found himself sleeping in fast-food restaurants and internet cafes, forced by rent increases to abandon his 200 sq ft subdivided flat. A few years ago, when the landlord asked for HK$3,200, up from ...

  3. News - Hong Kong - HOUSING

    Demand will ensure private flats are built, says Paul Chan

    Posted Mar 15th 2014, 04:11am by Olga Wong

    ... for 18,800 private flats this year. Secretary for Development Paul Chan Mo-po said yesterday: "We don't need to worry [that the plans will not be realised] because the city's housing ...

  4. News - Hong Kong - HOUSING

    MTR Corp not pulling its weight on housing needs, says Paul Chan

    Posted Feb 27th 2014, 11:37pm by Olga Wong

    ... weight: Paul Chan The development chief yesterday accused the MTR of not doing enough to help solve the city's housing shortage. "The MTR Corp has not launched a single project ... Corp paid HK$4.9 billion for the right to develop property at eight sites- including the Tin Wing Light Rail station. A real estate specialist at City University said the government's ...

  5. News - Hong Kong - HOUSING

    PLA dismissed inquiry into regaining military land, says Paul Chan Mo-po

    Posted Jan 19th 2014, 05:14am by FANNY W. Y. FUNG

    ... there was a defence need for the existing military sites. Therefore we have not had any follow-up in this regard." The PLA took over 14 sites with a total area of 2,571 hectares after the city ...

  6. News - Hong Kong - HOUSING

    Elderly Commission warns city needs more land to house its retirees

    Posted Nov 12th 2013, 04:53am by Olga Wong

    ... for city's elderly More land will have to be allocated for housing the city's elderly as rising costs across the border make retirement in Guangdong less attractive, the head of the Elderly ... "Those retiring soon should be given a choice to stay in their beloved city instead of just giving them money to retire on the mainland," he said. His remarks came as the government consults ...

  7. News - Hong Kong - HOUSING

    Panel tipped to reject two key suggestions to ease housing crisis

    Posted Jan 12th 2014, 05:01am by FANNY W. Y. FUNG

    ... Fanny W. Y. Fung fanny.fung@scmp.com Licensing of subdivided units and more single accommodation on estates too controversial Key ideas for easing flats crisis to be rejected The government is expected to reject two proposals to deal with the city's housing problems. It had suggested introducing a licensing system for subdivided flats and building more single-person ...

  8. News - Hong Kong - HOUSING

    Controls on rent 'would help city's poorest'

    Posted Oct 28th 2013, 05:17am by Johnny Tam

    ... Johnny Tam johnny.tam@scmp.com Controls on rent 'would help city's poorest' Rent control should be reintroduced together with rent assistance to benefit subdivided flat ... would decrease supply and drive up rents," said Dr Fung Kwok-kin, one of the speakers at the forum at City University. "But from my research, the story is different in foreign ...

  9. Property - Hong Kong & China - HOUSING

    China's annual housing inflation accelerated in November despite cooling measures

    Posted Dec 18th 2013, 10:47am by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com China’s annual housing inflation accelerated in November despite fresh cooling measures in more than a dozen of cities in recent months, official data showed on Wednesday. Shanghai, again, led the race among 70 major cities tracked by the National Bureau of Statistics with an annual rise of 21.9 per cent in November, followed by an increase ...

  10. News - China Insider - HOUSING

    Nanjing man stages 'crab protest' against city's soaring house prices

    Posted Sep 20th 2013, 12:00pm by Amy Li

    ... Amy Li chunxiao.li@scmp.com Protester says property developers as stubborn as crabs A Nanjing man, angry at the city’s rising property prices, staged an unusual protest on Thursday. He ... apartments at remote parts of the city had passed 10,000 yuan per square metre. Wei Dan, a Nanjing native living in Hong Kong, said house price in the city is "abnormally" high given ...




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