• Fri
  • Nov 28, 2014
  • Updated: 8:32pm

Housing Supply

Government should not forget Hong Kong’s middle class when increasing supply of flats

The Hong Kong government is going to build more subsidised public housing to help people with lower incomes. It is time to care about the sandwich class.

Tuesday, 4 March, 2014, 7:14am 2 comments

US housing supply suffers with homeowners lacking equity to sell and buy elsewhere

Forty-four per cent of homeowners with mortgages owed more than their properties are worth or had less than 20 per cent equity in the first quarter, the Seattle-based real estate data company said in a report.

29 May 2013 - 3:21am

Growing number of US homebuyers face shortage of properties for sale

After a decade as someone else's tenant, the Bells, like a rising number of Americans, are finally ready to buy a home. Yet they're running into an obstacle that's keeping the national housing recovery in check: there aren't enough homes for sale.

8 May 2013 - 2:33am

Asking prices rise in UK amid shortage of homes on market

Prices sought rose 2.1 per cent this month from March to an average £244,706 (HK$2.9 million), the property-website operator said. In London they fell 0.5 per cent. Asking prices increased 6.9 per cent in the first four months of the year and were up 0.4 per cent year on year.

17 Apr 2013 - 5:31am

New Hong Kong flat supply set for 8-year high

Preliminary figures from the Rating and Valuation Department's "Hong Kong Property Review 2013" report shows that 15,820 new flats will go on the market next year, 16.8 per cent more than this year's expected total of 13,550 units.

12 Apr 2013 - 6:00am

Upgraders left out in the housing cold

A turning point could come for the property market in 2015 with expectations of a significant increase in new housing supply at that time. That will no doubt be good news for first-time homebuyers but less encouraging for people aiming to move out of their existing flats into bigger properties.

26 Mar 2013 - 5:26am

Letters to the Editor, March 14, 2013

I would not be in favour of land on which underused sports facilities, yacht clubs and camp sites are located being turned into sites for new flats.

14 Mar 2013 - 2:59am

Housing plan for land adjacent to Baptist University 'shortsighted'

A relatively small plot of land has recently become a site of contention between the government and Hong Kong Baptist University. The issue is symptomatic of problems in town planning, the land shortage in Hong Kong and the need for long-term vision with regard to higher education.

14 Mar 2013 - 2:59am

Letters to the Editor, March 6, 2013

Lantau was seen to have opened its gates to the outside world with the completion of the Hong Kong International Airport and the convention and exhibition centre AsiaWorld-Expo. Its developments have brought welcome job opportunities, especially to residents in Tung Chung and Tsing Yi.

6 Mar 2013 - 2:51am

Sites behind flats boost smaller than tennis court

At least two of the building sites touted by the government as the answer to easing the city's housing problems are smaller than a tennis court, a conservation group has discovered.

4 Mar 2013 - 5:08am

CY urged to show caution in race to boost housing supply

The message was spelled out by influential figures in the wake of his policy address, which put housing at the top of his administration's agenda. One of the short-term measures to increase land supply involves the rezoning of at least 36 "government, institution or community" sites into residential use.

4 Feb 2013 - 4:10pm

Public housing target unrealistic without imported labour

As a directly elected member of the Legislative Council, my responsibility is to ensure the overall interest of the community and to help find workable solutions to urgent social and economic problems.

4 Feb 2013 - 3:02am 1 comment

Antony Leung warns rising interest rates could derail flat supply boost

Leung warned of a repeat of the failed "85,000 flats a year" target announced by then chief executive Tung Chee-hwa in 1997. By the time the new flats were ready, he said, the market would have shrunk due to external economic factors, leaving it unable to absorb all the flats.

3 Feb 2013 - 5:36am 13 comments

Hang Lung has no timetable for sale of 1,400-flat stockpile

Last year, Hang Lung sold just 117 units - nine at the Harbourside in West Kowloon and 108 at the Long Beach in Tai Kok Tsui - at average prices of HK$32,100 and HK$10,600 per square foot, respectively.

1 Feb 2013 - 5:31am

Business Digest, February 1, 2013

German carmaker Daimler is planning to buy a 10-20 per cent stake in the passenger car unit of its Chinese partner BAIC Group.

1 Feb 2013 - 5:22am