• Tue
  • Dec 23, 2014
  • Updated: 12:23pm

Real Estate

Tenants on the bottom rung at the mercy of landlords

A two-year-old picks up a toy, as his mother stops him from wandering out their door-less subdivided Sham Shui Po flat. The door was removed on Wednesday after she received two weeks' notice to vacate.

Friday, 1 June, 2012, 12:00am

Flaw space

The ruling requiring estate agents to advertise the actual area of a property offered for sale on the secondary market comes a bit late for Cindy Yiu.

A few years ago she bought a second-hand flat in La Cite Noble, a development in Tseung Kwan O, which according to the estate agent's assessment of the gross floor area covered 527 square feet.

30 May 2012 - 12:00am

Real problem with the housing shortage is that there isn't one

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 26

29 May 2012 - 12:00am

Rent rise formula sparks controversy

How much tenants should pay for public rental housing should be a straightforward affair after a revamp in the rent adjustment mechanism in 2008. The Housing Authority has adopted a method that allows both rent increases and cuts according to changes in average household income.

26 May 2012 - 12:00am

Public tenants win rent waiver

The Housing Authority has decided to give public housing tenants a one-month rent waiver to ease the pain of a 10 per cent rent rise, but it says tenants should not take such relief measures for granted in future.

The HK$1 billion waiver will be given in September, the month the 10 per cent increase kicks in.

25 May 2012 - 12:00am

A culture of entitlement in public flats

About 100 people protested against the rent rise, the maximum allowed by law and the highest rise since 1997, at the [Housing A]uthority's Ho Man Tin headquarters yesterday ... The demonstrators, from different political parties and concern groups, called the authority a 'bloodsucker' and some burned banners.

SCMP, May 23

24 May 2012 - 12:00am

Data used for flat sizes doesn't always add up

Real estate industry leaders say a central database of flat sizes is needed to prevent lawsuits arising from discrepancies between two data sources used by the property agents' watchdog.

24 May 2012 - 12:00am

Gloom puts flat prices in reverse

Falling share prices, coupled with warnings of a property bubble forming in Hong Kong, have sapped the confidence of home seekers and triggered a sharp fall in sales.

'The recent stock market plunge, led by the euro-zone debt crisis, has dealt a blow to the Hong Kong housing market,' Midland Realty chief analyst Buggle Lau Ka-fai said.

23 May 2012 - 12:00am