REAL ESTATE

Hong Kong To Resume Subsidized Housing Scheme

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Hong Kong Chief Executive Donald Tsang said on Wednesday that the government will resume construction and sale of subsidized housing in an apparent bid to soothe public discontent about the city’s sky-high property prices. (read the news…) Related items Hong Kong says to resume subsidised housing scheme HK’s Tsang says to resume subsidised housing...

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Hong Kong says to resume subsidised housing scheme

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HONG KONG (Reuters) – Hong Kong Chief Executive Donald Tsang said on Wednesday that the government will resume construction and sale of subsidised housing in an apparent bid to soothe public discontent about the city’s sky-high property prices. (read the news…) Related items Hong Kong To Resume Subsidized Housing Scheme HK’s Tsang says to...

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Hong Kong to revive housing program amid mounting public anger over property prices

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HONG KONG – Hong Kong will resume a program to sell thousands of affordable apartments a year, the city’s leader said Wednesday as he unveiled a key measure in his annual policy speech aimed at cooling public anger over the city’s widening rich-poor gap. (read the news…) Related items Hong Kong’s Tang, Leung Rivalry...

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HK’s Tsang says to resume subsidised housing scheme

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HONG KONG (Reuters) – Hong Kong Chief Executive Donald Tsang said on Wednesday that the government will resume the construction and sale of subsidised housing as part of measures to help low-income earners and soothe public discontent about the city’s sky-high property prices. (read the news…) Related items Hong Kong To Resume Subsidized Housing...

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Hong Kong Developers Reverse Losses After Policy Address

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Hong Kong developers’ shares reversed losses after the government said it will build subsidized homes and ensure supply of land for private housing, easing concerns of more curbs to damp soaring prices. (read the news…) Related items Hong Kong’s Real Estate Stocks Reverse Losses After Tsang’s Policy Address Hong Kong chief vows to tackle...

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Hong Kong revives subsidized home ownership plan

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HONG KONG (MarketWatch) — Hong Kong’s Chief Executive Donald Tsang unveiled plans Wednesday to resume construction of subsidized housing for sale to lower-income groups squeezed out by the city’s soaring real-estate market. The plan is a modified version an earlier government-subsidized program known as the “Home Ownership Scheme,” which was discontinued in 2003 amid...

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Hong Kong’s Tsang Vows Remedy for Public Anger Over Home Prices

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Hong Kong Chief Executive Donald Tsang pledged to make a “break with tradition” in his final policy speech today to address discontent at a surge in home prices that threatens to mar his legacy. (read the news…) Related items Hong Kong To Resume Subsidized Housing Scheme Hong Kong says to resume subsidised housing scheme...

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Bubble concerns spread to China commercial property

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BEIJING/HONG KONG (Reuters) – Concerns about a bubble in China’s residential property market are spreading to the commercial real estate sector at a time when developers are upping their exposure, and the country’s insurance industry is poised to invest huge sums into the space. (read the news…) Related items Analysis – Bubble concerns spread...

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Hong Kong under pressure as poverty levels rise

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Hong Kong is one of the richest cities in the world, with average property prices some 40 per cent higher than London’s. But underneath its glittering skyline, almost a fifth of the island’s population is now living in poverty. (read the news…) Related items Hong Kong: Property stocks lead gains Hong Kong shares close...

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Analysis – Bubble concerns spread to China commercial property

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BEIJING/HONG KONG (Reuters) – Concerns about a bubble in China’s residential property market is spreading to the commercial real estate sector at a time when developers are upping their exposure, and … (read the news…) Related items Bubble concerns spread to China commercial property 5. A look at Hong Kong’s residential market 11. A...

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