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  • August 30, 2014
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  1. News - Hong Kong - HOUSING

    Watchdog urged to investigate building maintenance bid-rigging

    Posted Aug 28th 2014, 04:56am by TIMMY SUNG

    ... Timmy Sung timmy.sung@scmp.com Watchdog urged to probe bid-rigging The competition watchdog was urged yesterday to investigate bid rigging in building maintenance projects to protect the city's homeowners. About a dozen members of the Property Owners' Alliance Against Bid Rigging met Anna Wu Hung-yuk, the Competition Commission's chairwoman, to discuss how the body can ...

    http://www.scmp.com/news/hong-kong/article/1581282/watchdog-urged-investigate-building-maintenance-bid-rigging
  2. Property - Hong Kong & China - HOUSING

    Prices for new homes in China drop in record 64 cities

    Posted Aug 18th 2014, 10:30am by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com Relaxation of curbs in more than 30 cities fails to stimulate buying demand for new homes as the downturn worsens New home prices plunge in 64 cities A record number of mainland cities reported a drop in new home prices last month, official data showed yesterday, indicating that the property market downturn is deepening despite the relaxation ...

    http://www.scmp.com/property/hong-kong-china/article/1575915/home-prices-drop-record-64-mainland-cities
  3. Property - Hong Kong & China - HOUSING

    Tai Po apartment project sells 400 Mont Vert units in first day despite 'no viewing' rule

    Posted Jul 27th 2014, 05:26am by Langi Chiang

    ... apartments available at Mont Vert in Tai Po were bought on the first day of sales yesterday. Developer Cheung Kong said it sold 150 flats in the first hour, after balloting that began at 11am ... lawmakers and industry analysts suggested was unlawful. Cheung Kong executive director Justin Chiu Kwok-hung said yesterday that the company had made every effort to provide complete information ...

    http://www.scmp.com/property/hong-kong-china/article/1560101/tai-po-apartment-project-sells-400-492-mont-vert-units
  4. News - Hong Kong - HOUSING

    High management fees likely for single-block developments, say property specialists

    Posted Jul 25th 2014, 03:42am by Olga Wong

    ... flats. This warning came from property specialists yesterday after it was disclosed that buyers of Home Ownership Scheme (HOS) flats in a remote Lantau town would pay management fees almost equal ...

    http://www.scmp.com/news/hong-kong/article/1558541/high-management-fees-likely-single-block-developments-say-property
  5. News - Hong Kong - HOUSING

    24 sites reserved for public housing sold to developers, says report

    Posted Jul 10th 2014, 04:30am by Jennifer Ngo

    ... Committee yesterday- based on the Director of Audit's report released in April- expressed "grave concern and alarm" over the government's "wavering housing policy". ...

    http://www.scmp.com/news/hong-kong/article/1550584/24-sites-reserved-public-housing-sold-developers-says-report
  6. News - Hong Kong - HOUSING

    Lawmakers call for study into return of rent controls to protect tenants

    Posted Jul 08th 2014, 03:42am by Olga Wong

    ... Olga Wong olga.wong@scmp.com Lawmakers call for study into rent controls Lawmakers have called on the government to consider reintroducing rent controls despite government findings that doing so could rebound on tenants. Seven of nine members at a meeting of the Legislative Council housing panel yesterday backed a motion calling for a study. Supporters of the motion said ...

    http://www.scmp.com/news/hong-kong/article/1549165/lawmakers-call-study-return-rent-controls-protect-tenants
  7. News - Hong Kong - HOUSING

    Plans for flats on two Tai Po sites rejected

    Posted Jul 10th 2014, 04:30am by BRIAN YAP, Olga Wong

    ... Brian Yap and Olga Wong Incomplete assessment of the impact of public flats projects draws criticism from councillors who accept a third, largely undeveloped, site Tai Po flat plans fail to get past council Plans for more public housing flats in Tai Po came under attack from district councillors yesterday, with criticism ranging from a failure to consider transport infrastructure ...

    http://www.scmp.com/news/hong-kong/article/1550583/plans-flats-two-tai-po-sites-rejected
  8. News - Hong Kong - HOUSING

    Public flat tenants face 10pc rent rise

    Posted Jul 03rd 2014, 03:26am by Olga Wong

    ... the authority's resources?" the source said yesterday. Authority officials review rents every two years and must link rises to the income levels of tenant households, with a maximum rise of 10 per ...

    http://www.scmp.com/news/hong-kong/article/1545118/housing-authority-set-increase-rents-public-flats-10-cent
  9. News - Hong Kong - HOUSING

    300 buyers compete per flat in Lantau scheme

    Posted Jun 25th 2014, 04:49am by Olga Wong

    ... rental flats- for which only 56 applications had been submitted as the deadline neared yesterday. All 86 flats in the Lung Tin estate are former public rental units. Built in 1995, their average ...

    http://www.scmp.com/news/hong-kong/article/1539828/300-buyers-compete-flat-lantau-scheme
  10. News - Hong Kong - HOUSING

    Public-flat funding 'no longer works'

    Posted Jun 13th 2014, 04:48am by FANNY WF FUNG

    ... minister said yesterday. Professor Anthony Cheung Bing-leung was speaking after an analysis by a housing policy scholar and authority member showed that sales of new Home Ownership Scheme flats ... at an open meeting of the authority yesterday. They showed that three out of the seven HOS projects endorsed by the authority in the past year will see financial deficits. The seven estates, ...

    http://www.scmp.com/news/hong-kong/article/1531043/public-flat-funding-no-longer-works

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