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Why the De Novo housing units aren't finding many takers

... gh the De Novo housing project at Kai Tak. However, the subsidized flats in the venture have been too expensive for most of the targeted families De Novo is the first subsidized housing project of th ...More

EJ Insight2016-04-12

Property market faces a reality check

... i Tak. De Novo, the URA's first subsidized housing project, managed to sign up only 19 buyers on the first day of sales for an initial batch comprising 68 units. About 70 percent of the invited buyers ...More

EJ Insight2016-04-06

URA's De Novo project sees poor sales as buyers get cold feet

The Urban Renewal Authority's subsidized housing project in Kai Tak, De Novo, saw lackluster response from eligible buyers as the first batch of apartments went on sale on Tuesday. Of the initial batc ...More

EJ Insight2016-04-06

Excess lead found in a water sample at URA's De Novo project

A water sample collected at De Novo, the first subsidised housing project of the Urban Renewal Authority (URA), was found to have lead content 30 percent above the permissible limit. Apple Daily repor ...More

EJ Insight2016-01-15

URA managing director under fire over De Novo sales plan

... ed the De Novo case to the political controversies surrounding the former Kowloon-Canton Railway and the University of Hong Kong Council, Ming Pao Daily reported on Thursday. The URA confirmed that La ...More

EJ Insight2015-12-03

Legislators slam URA over plan to let singles buy Kai Tak flats

... at the De Novo public housing estate, Ming Pao Daily reported on Thursday. The directors included legislators Ann Chiang of the Democratic Alliance for the Betterment and Progress of Hong Kong, Wu Chi ...More

EJ Insight2015-11-26

Questions raised as URA allows singles to buy subsidized flats

... in the De Novo project if they meet the eligibility requirements. A spokesman told reporters that the decision was made in response to the housing needs of single people, Ming Pao Daily reported. URA ...More

EJ Insight2015-11-25

Why are we subsidizing wealthy homebuyers through URA?

... t, the De Novo in Kai Tak. The project provides 484 residential units of different sizes ranging from 332 to 568 square feet, up for sale at a 20 percent discount to the market level. Only families wi ...More

EJ Insight2015-08-06

URA offers 20% discount on 338 units in Kai Tak project

... eloped De Novo housing project. Buyers should be families with a household income not exceeding HK$60,000 (US$7,741) and assets of HK$3 million or less. Applications from individuals will not be accep ...More

EJ Insight2015-07-29

Chinese firms tiptoe back into Europe

... ortugal’s Novo Banco, carved out of the collapsed Banco Espírito Santo SA, while Chinese insurers are looking at Italy’s Banca Monte dei Paschi di Siena SpA, which is up for sale, the newspaper said, ...More

EJ Insight2015-02-17

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