• Sun
  • Dec 28, 2014
  • Updated: 2:54am

Public Housing in Hong Kong

C.Y.'s 10-point housing plan too weak to cool property market, say analysts

The government announced 10 measures to increase short-term housing supply yesterday, but analysts say it is unlikely to bring down property prices.

Friday, 31 August, 2012, 3:19am

Students from mainland pay dearly for flats

Hong Kong landlords with flats close to universities are putting the screws on mainland students seeking accommodation by demanding pre-payment of up to one year's rent - plus two months' deposit in advance - before handing over the keys.

4 Jul 2012 - 12:00am

The good, the bad and the dirty

To many, Hong Kong has remained an economic miracle since the handover despite financial turmoil and rising affluence across the border. It has accumulated huge foreign reserves that are the envy of many nations.

But the city is also considered socially and environmentally retarded - 'in the third world', as chief executive-elect Leung Chun-ying puts it.

29 Jun 2012 - 12:00am

Officials' shift in public housing policy will help cut long waiting list

I think the government policy of only demolishing public housing blocks when they became too costly to repair was outdated.

Therefore, I strongly support the change of direction with the decision to redevelop Pak Tin Estate in Sham Shui Po ('Change of plan on redeveloping estates', April 18).

1 May 2012 - 12:00am

Change of plan on redeveloping estates

The Housing Department will rebuild the 37-year-old Pak Tin Estate in Sham Shui Po next year, marking a new redevelopment policy for public-rental homes that gives priority to sites that can yield extra flats.

18 Apr 2012 - 12:00am

Falling rents make upgrading easier for tenants

Falling rents are giving tenants a chance to upgrade at lower cost.

18 Jan 2012 - 12:00am

A real loss

The Housing Authority earlier this week announced a HK$3.5 billion surplus for the financial year, a smaller amount than was originally projected. Market turbulence and higher salaries and operating costs caused its surplus to fall by about HK$1 billion from the earlier estimate.

7 Jan 2012 - 12:00am

Some place to call home

Love them or hate them, in a crowded city where living space is in short supply and barely affordable, subdivided flats are here to stay.

Recent tragedies have again highlighted the dangers of these cramped dwellings, with 14 residents killed by fires in buildings in Ma Tau Wai and Mong Kok, at least partly as a result of residential conditions.

5 Jan 2012 - 12:00am

Companies among the owners of fatal blaze flats

Ten of the flats in buildings affected by yesterday's fatal fire in Mong Kok are owned by companies or investors, drawn to the lucrative rents offered by older buildings.

1 Dec 2011 - 12:00am

Relief subsidy to help with removal drive

A relief subsidy of up to HK$6,100 will be given to about 900 households living in unsafe or illegally converted subdivided flats in industrial buildings to help them move out, Chief Secretary Stephen Lam Sui-lung announced yesterday.

18 Oct 2011 - 12:00am

Forget stray cats, Mr Tsang, slap a tax on HK's empty flats

Donald Tsang Yam-kuen said some mighty curious things in his policy address on Wednesday.

I'm not talking about his promise to 'examine with relevant groups ways to facilitate the adoption of stray cats' - although that was pretty strange. No, I mean the astonishing figures Tsang gave right at the start of his speech when he was talking about Hong Kong's housing stock.

14 Oct 2011 - 12:00am

Policy address in focus

Housing

Home Ownership Scheme to be resumed, offering subsidised housing for households earning under HK$30,000 a month - mainly for first-time buyers. Over 17,000 flats will be made available between 2016 and 2020.

Land to be made available for an average of 20,000 private flats each year over the next decade.

13 Oct 2011 - 12:00am

Should he have looked at the bigger picture?

Chief Executive Donald Tsang Yam-kuen's final policy address was filled with measures aimed at easing Hongkongers' discontent over issues such as housing, the problems of the elderly and the wealth gap.

But political analysts were unimpressed by Tsang's efforts to alleviate grievances and bridge class divisions, saying he also needed to address political issues.

13 Oct 2011 - 12:00am

Link Reit is offering customers a growing array of shopping and dining choices

I refer to the letter from Chan Pak-hei ('High prices causing real problems', September 17).

28 Sep 2011 - 12:00am

Link Reit buy points at new direction

The Link Real Estate Investment Fund made its first foray into the private property market yesterday by announcing the HK$1.17 billion acquisition of Nan Fung Plaza effective next month.

The plaza, near Hang Hau MTR station in the Tseung Kwan O district and built by Nan Fung Development, is the Link Reit's first purchase of a private shopping centre.

10 Jun 2011 - 12:00am

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