The government will relax the building and town planning rules to make it possible to convert old private industrial buSaturday, 8 September, 2012, 2:50am
Traditional Hongkongers have four things they consider symbols of success: a flat in a building with elevators, a European car, a good spouse and a pedigree dog.7 Sep 2012 - 2:05am 13 comments
Two sites at the former Kai Tak airport have been selected to build flats that will be sold only to Hong Kong buyers, Chief Executive Leung Chun-ying said on Thursday afternoon.
The sites are part of a pilot scheme under the so-called “Hong Kong land for Hong Kong people” proposal floated by Leung in his election manifesto.6 Sep 2012 - 6:41pm
Hong Kong is not at risk of a housing price bubble, and home prices should remain firm, supported by strong end-user demand and sound purchasing power, says property consultancy Jones Lang LaSalle.6 Sep 2012 - 3:08am
Melbourne, where home prices have fallen more than in any other major Australian city, may see further declines as a record number of new developments approved in the boom years hit the market.4 Sep 2012 - 11:45pm
On the question of affordability, it is clear that, just by looking at statistics comparing, for example, the rate of employment income increase and the rate of property prices increase or, for that matter, rental increase as well, affordability or the lack of it has become more serious.
Chief executive Leung Chun-ying, August 30
2 Sep 2012 - 4:49am
The deadly blaze that claimed nine lives in a Mong Kok building last November rang an alarm bell about the safety of tens of thousands of subdivided flats in the city. Eight months later, however, the tragedy appears to have been largely forgotten.31 Aug 2012 - 2:13am
Do you agree the government should buy back shares in The Link Reit to lower the rents of local businesses?SCMP survey question
Here is an idea that would do nothing to lower the rents of local businesses but a great deal to sting the public purse for another big loss. Let's start by setting the history of The Link Reit in perspective.28 Aug 2012 - 5:10am
I have the answer to funding of the new third runway at the airport. It's a simple idea, won't cost the taxpayer a dollar and we can still include all the fancy bits that will help keep pink dolphins pink.26 Aug 2012 - 4:47am
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.
Critics say the measure will not only fail to boost housing supply but it will drive up prices in the subsidised and private housing markets.22 Aug 2012 - 4:31am
Demand for luxury rental properties remains strong, with Kerry Properties re-leasing flats in its "super deluxe" Tavistock development in Mid-Levels at a 30 per cent premium on expiring leases.22 Aug 2012 - 2:22am
The struggling United States property market is being buoyed by a tide of investment from China. Reports abound of wealthy buyers from Hong Kong and the mainland snapping up distressed real estate and premium apartments.22 Aug 2012 - 2:22am
The mainland property market continued to improve last month, with more than 70 per cent of cities recording property price growth.
Research by the National Bureau of Statistics, which monitored property price movements in 70 major cities, showed prices rose in 50 of them in July, a significant increase from 25 cities in June.19 Aug 2012 - 10:25am