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New HK leader's affordable homes plan runs up against wall of Chinese capital

Published Sun, Apr 9, 2017 · 09:50 PM

Hong Kong

A PLEDGE by Hong Kong's incoming leader Carrie Lam to make the city's vertiginous property prices more affordable could founder on the bottomless pockets of mainland Chinese developers, who are bidding up the price of land.

Home prices in Hong Kong have jumped 364 per cent since 2003, while the median monthly household income has risen just 61 per cent, pushing home ownership out of reach for many.

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Property

Property

New HK leader's affordable homes plan runs up against wall of Chinese capital

Property

Singapore retail rents slip 0.4% in Q1 as vacancy rates creep up

Country Garden plans to present debt revamp plan in H2, sources say

Hong Kong home prices rise for first time in 11 months after curbs scrapped

HDB resale prices accelerate, rising 1.8% in Q1 on stronger demand

Singapore’s private home prices up 1.4% in Q1, rents drop by 1.9%: URA

OUE wins tender to lease, develop new ‘zero-energy’ hotel at Changi Airport’s T2

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