Wednesday, November 26, 2014   

Public housing rentals may go up by 10pc
(07-02 18:34)

Rents for public housing tenants may increase by as much as 10 percent from September under the government's mechanism for adjusting rent.
A Housing Authority committee is expected to make a formal decision on Friday.
A 10 percent rise would see six out of 10 households pay HK$100 to HK$200 more per month.
While the committee has granted relief measures in the past to soften the blow of rental increases, sources have suggested this may change.
They noted that waiving rents for one month could enlarge the Housing Authority's deficit from an estimated HK$1.7 billion to HK$2.1 billion. --RTHK   
Other Hong Kong breaking news:
Police slams attempts to occupy Portland Street (1 hr 7 mins ago)
Hong Kong needs universal suffrage, says Zeman (1 hr 38 mins ago)
Shuffles of government officials (2 hrs ago)
18 Jockey Club employees charged for fraud (2 hrs 24 mins ago)
Movement leaders, barricades in Mongkok cleared (2 hrs 46 mins ago)
Albert Chan kicked out of LegCo over police speech (11-26 16:08)
'Police will stay alert to prevent more trouble' (11-26 15:46)
New relics found at To Kwa Wan MTR site (11-26 15:45)
New concourse is on schedule, says airport chief (11-25 18:40)
Rights activist warns against police gloves (11-25 18:30)

More breaking news >>

© 2014 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts

 


Home | Top News | Local | Business | China | ViewPoint | CityTalk | World | Sports | People | Central Station | Spree | Features

The Standard

Trademark and Copyright Notice: Copyright 2014, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved.  Use in whole or part of this site's content is prohibited.   Use of this Web site assumes acceptance of the
Terms of Use, Privacy Policy Statement and Copyright Policy.  Please also read our Ethics Statement.