When A Paper Profit Ends Up As A Loss
The recent aborted bids for three sites, including the luxury residential site on Cape Road, Stanley, the commercial site at Yue Man Square, Kwun Tong and the Siu Ho Wan development, reflect developers’ conservatism and cautiousness. However, the eye-catching commercial site at Sai Yee Street,...
28Hse Editor   #Wed Property Focus  2023-03-14     10.6K     69     14
With a high waiting time for public housing, the Housing Authority reviews the income and asset limits of public housing applicants every year to suit the current socioeconomic situation. Taking into account the pandemic’s economic impact, the Housing Authority proposes to freeze the income li...
28Hse Editor   #Wed Property Focus  2023-03-07     18.7K     202     35
Financial Secretary Paul Chan Mo-po announced the Hong Kong budget 2023-24 last week, which involved a number of economic relief measures, including the issuance of consumer vouchers and the adjustment of stamp duty bands. However, the real estate industry's proposal to reduce harsh measures on the ...
28Hse Editor   #Wed Property Focus  2023-02-28     7K     114     18
We have been hearing a lot about the "Siu Ho Wan" project recently, but what exactly is it? How will it help Hong Kong’s housing supply? And why did the Siu Ho Wan site lose bids? Here are the reasons below."Siu Ho Wan" is located between Sunny Bay Station and Tung Chung Station on Nort...
28Hse Editor   #Wed Property Focus  2023-02-21     9.8K     42     14
In order to solve the housing problem, the government has launched ‘light public housing’ to shorten the waiting time for public housing. The project has recently been updated with the announcement of the site selection and related details. But the issues of cost and site selection issue...
28Hse Editor   #Wed Property Focus  2023-02-14     4.4K     12     10
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