"Completed Flats Not Being Released Fast Enough"

"); jQuery("#212 h3").html("

Related News Programmes

"); });

2018-03-03 HKT 13:47

Share this story

facebook

  • "Completed flats not being released fast enough"

The Financial Secretary, Paul Chan, has reiterated his concern that property developers were not releasing completed flats quickly enough.

Speaking after attending two radio interviews on Saturday morning on his budget, he said the government was working on tackling the matter but could not give a timetable.

"We have observed that there is a rising trend. We are looking at it. We have invited the Transport and Housing Bureau to look at it to see if we have to do something, and if so, what are the measures", Chan said.

RECENT NEWS

Revolut Considers China Expansion Amid UK Regulatory Hurdles

UK fintech giant Revolut is exploring a potential move into China, setting the stage for competition with domestic heav... Read more

ZA Global Backs RD Technologies With US$40M To Boost HKs Stablecoin Ecosystem

ZA Global has led a US$40 million Series A2 funding round for HK fintech firm, RD Technologies (RD), marking a signific... Read more

WeLab Hit Profitability And Now Wants 500 Million Customers Across Asia

From its humble beginnings as an online lender to its rise as one of Asia’s most ambitious fintechs, WeLab Group (WeL... Read more

HKMA Finalises Guidelines For Stablecoin Issuer Regulatory Regime

The Hong Kong Monetary Authority (HKMA) has published several documents in preparation for the implementation of the re... Read more

Cybercrime Is Surging Across APAC Yet Defences Remain Fragmented

APAC saw a sharp rise in human-led attacks in 2024, with attack rates growing over 60% year-on-year and increasing 37% ... Read more

Hong Kong Advances Trade Digitalisation With MLETR Adoption

Digitalisation is reshaping the global economy, and businesses must adapt to capitalise on emerging opportunities. In t... Read more