Wednesday, September 17, 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:
Next Media boss shows up at ICAC headquarters (1 hr ago)
2000 students expected to join boycott (1 hr 16 mins ago)
Govt offer for Tuen Mun tip rejected (2 hrs 26 mins ago)
Reforming CSSA Scheme could help elderly (09-17 12:20)
Reform framework can't be changed (09-16 15:31)
HK returns to normal after typhoon (09-16 15:30)
East Rail Line resumes normal (09-16 11:38)
ACE under pressure over third runway (09-16 10:48)
East Rail Line service disrupted due to fallen tree (09-16 10:44)
Typhoon signal lowered to no. 3 (09-16 10:40)

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.