Q: I read in a newspaper that Cheung Kong paid a high price for a waterfront site at Tsuen Wan West station last week. I own a two-bedroom flat at Vision City and plan to buy a bigger flat in the same estate. Do you think prices in the area will go up further?Wednesday, 15 August, 2012, 5:34am
The lack of legislation against advertising the gross floor area of new flats means the market is continuing to see extreme examples of efficiency ratios.
Just compare two examples of flats put on the market recently by the Housing Society and the Urban Renewal Authority.30 May 2012 - 12:00am
Home sales at major estates in the city dropped to a six-week low last week, with buyers sidelined by rising prices and uncertainty about the outlook for the market under a new administration.
A property consultant forecast luxury home prices will fall by 13 per cent in the next 12 months.28 Mar 2012 - 12:00am
Public Rental Housing is a key scheme pioneered by Chongqing to provide affordable homes for the middle to lower income groups. The mainland has been providing cheap homes for the less well-off, but this is the first time that government-subsidised accommodation has been offered to the middle to lower income households.17 May 2011 - 12:00am
While house prices remain mixed in Europe and the United States, Asia is booming, with Singapore in pole position, according to the latest Global Property Guide.
The report calls Singapore a 'spectacular performer' with 34 per cent house price increases year-on-year to the end of the second quarter.10 Nov 2010 - 12:00am
Singapore's mass-market housing is an example for Hong Kong, with affordable housing made accessible to the middle- and lower-middle class.
Properties developed by the Housing Development Board can be sold, and prices move up and down according to market swings.10 Nov 2010 - 12:00am
Secretary for Development Carrie Lam Cheng Yuet-ngor is looking at administrative ways to prevent developers rushing through submissions for building plans before new measures take effect early next year that target the practice of inflating the floor area of flats.17 Oct 2010 - 12:00am
Three or four decades ago, it was the norm for young Hongkongers to start saving up so they could buy a flat as soon as possible, then sell it later and move on to a bigger and better place as their income increased.26 Aug 2010 - 12:00am
One thing that sets Hong Kong apart from other cities is that, as prosperity and home ownership have risen over the years, new living spaces have shrunk in size rather than expanded. At the same time, the real cost per square foot of living area has gone up.27 Sep 2009 - 12:00am
Architects say it is time to introduce a much-discussed incentive system for owners of listed buildings - which for many represent their only assets.11 Apr 2009 - 12:00am
The Urban Renewal Authority will spend HK$1.5 billion this financial year to revitalise 30 pre-war Cantonese-style shophouses.17 Jun 2008 - 12:00am
Authority earmarks dozens of pre-war buildings in its 'most ambitious initiative'
Close to 50 pre-war shophouses will be preserved by the Urban Renewal Authority, which is to dish out financial incentives to owners to help restore the buildings.
Twenty of them are expected to be acquired compulsorily because of their high historic value.1 Apr 2008 - 12:00am
The building containing the Woo Cheong Pawn Shop, one of the Wan Chai shophouses preserved by the Urban Renewal Authority six years ago, has finally passed stringent building regulations and will open to the public this week.1 Apr 2008 - 12:00am
Officials seem to have learned their lesson when it comes to preserving Hong Kong's past. The Urban Renewal Authority's new approach to historic sites which hinges on compulsory acquisition and helping to finance the sprucing up of old buildings reverses policies that have led to the disappearance of our heritage.1 Apr 2008 - 12:00am
It's a pity no one photographed the 1930s-style clawfoot bath swinging in the wind as a giant crane hoisted it towards a second-storey window. But moving in the cast iron tub was the least of James Shipton's problems when he set out to restore an old colonial-style building in Tai Hang to its former glory.27 Mar 2008 - 12:00am