On July 16, Chief Executive Leung Chun-ying declared an interim measure to help first-time homebuyers prior to the completion of new subsidised flats in 2016. It was part of what was seen as his mini policy address in the Legislative Council.Wednesday, 22 August, 2012, 4:31am
If recent land auctions across the mainland are anything to go by, the retreat in home prices this year could be due to turn, but some analysts warn that a full recovery might trigger new curbs on property demand and price growth.
Buoyant bidding from some cashed-up developers is lifting land prices in major cities and has spurred talk of a turnaround in sentiment.25 Jul 2012 - 12:00am
With home prices soaring, the government will put eight sites up for sale over the summer in what [development minister] Carrie Lam calls a 'conscious effort' to increase land supply
SCMP, May 2629 May 2012 - 12:00am
The rolling fields of England beckon mainlanders with the promise they will reap big rewards, Andrea Li reports.30 Apr 2012 - 12:00am
After months in the deep freeze, the housing market is showing signs of thawing, as buyers return from the sidelines.
In February, monthly home sales in the primary and secondary markets rebounded 10 per cent over the previous month, figures from the Land Registry show. But February home sales were still 63 per cent lower than the corresponding month a year earlier.16 Mar 2012 - 12:00am
Shimao Property said yesterday Beijing would lift some restrictions on buying property in the middle of this year.
The government's credit tightening policy has not only put liquidity pressure on developers but also on first-time homebuyers, who have had difficulty securing loans.11 Jan 2012 - 12:00am
Local governments across the mainland are extending policies designed to restrict home purchases, triggering fears that the housing market will slide next year.
The Shanghai municipal government said on Tuesday that it would continue next year with measures that restrict the number of homes purchased, in an attempt to slow down housing development in the city.22 Dec 2011 - 12:00am
Canada's real estate market remains a global stand-out, according to the latest analysis by Scotia Economics.2 Nov 2011 - 12:00am
Our government has two key responsibilities in housing: overall supply and housing for the needy. And its policies to meet these needs should be more market-driven.
In Hong Kong, the government is the sole supplier of 'new' land, and sets prices for converting existing non-residential land to residential use.12 Sep 2011 - 12:00am
In Britain, government proposals to allow offices to be converted into homes without planning permission may provide development opportunities for investors, planning experts say. Changing a building from commercial to residential use can increase its value.30 Mar 2011 - 12:00am