Hong Kong housing
Gov't anticipates 438,000 housind demand for next decade
In response, the government has revised the public-to-private housing ratio to 70:30.
Gov't anticipates 438,000 housind demand for next decade
In response, the government has revised the public-to-private housing ratio to 70:30.
Home & Youth Affairs Bureau ok's youth hostel project in Kowloon City
Regal Hotels Group and Yan Oi Tong will collaborate on the project.
Tuen Mun LPH management contract open for bidding
Tender closes on 6 December.
Gov’t urged to explore innovative solutions to ease housing crisis
Experts recommend intergenerational and inclusive housing as well as repurposing buildings.
HK student housing boosted with 9 privately invested projects
The projects offer 2,848 beds for students.
Govt receives 7 land applications for land sharing scheme
The applications can yield 32,000+ flats and 23,000+ public housing units.
Student accommodation crisis looms in Hong Kong amidst housing shortage
Currently, the private student housing market can only accommodate 0.4% of the total enrolled population.
Private flat supply estimated at 109,000 units in next 3-4 years
The new estimate is 2,000 more than the previous forecast.
Over 50% of Hongkongers anticipate a drop in home prices in the next 12 months
With this expectation, half of Hongkongers expressed disinterest in purchasing a property in 2023.
Gov't on track to reduce waiting time for public rental housing
The government said that it has identified sufficient land to meet demand from 2024 to 2025.
Gov’t launches online tool for transitional housing applications
Applicants can select their preferred projects on the platform.
Housing Authority to open application for subsidised flats
The application will run from 31 July at 8 am to 14 August at 7 pm.
Hong Kong begins relocation of Nam Cheong 220
The Housing Bureau relocated the modules to another housing project in Wong Yue Tan.
Rent level for new public housing flats set
The rent will apply to 7,595 flats in Lai Yiu and Hei Yiu Estates.
Hong Kong retains 10-year housing supply target
The government maintained its 430,000-unit target in the ten years to 2033.
No spacious homes for Hong Kong’s poor anytime soon
Home size adjustment will be unlikely in the city after the waiting time for public housing hit a record-high.
HK grants relief measures for public rental housing tenants
The SHC will waive the extra rent payable in the first 12 months after the rent adjustment.
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Commentary
Ginza-style commercial building in neighbourhood areas attracts local consumption