Thursday, November 26, 2015   

Leung may retreat from Hongkonger homes policy
(04-01 16:00)

Chief Executive Leung Chun-ying, has indicated that the policy of giving Hong Kong residents priority when buying homes may be scrapped.
Leung said that the property market is no longer overheated, and overseas demand for flats is now very low.
He also said the market had accepted the policy and it could be relaunched if necessary.
It allows for the sale of flats at selected sites to be restricted to Hong Kong permanent residents and was tried out at two sites last year.
Leung was speaking before today's Executive Council meeting following reports that the policy is to be shelved.—RTHK

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Costly electricity subsidies rejected (11-25 17:36)
HKU panel begins search for managerial candidate (11-25 11:05)
Lau Kong-wah visits HK affairs office in Beijing (11-24 17:04)
Transport chief takes HK logistics message to Seoul (11-24 17:02)
Winter chill set to descend on city (11-24 15:53)
113 of 189 new HIV infections linked to gay or bisexual contact (11-24 13:33)
HKU seeks longer court ban on leaks (11-24 13:27)
Leung warms up to young politicians (11-24 12:04)

More breaking news >>

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