Hong Kong’s property market has taken a hit this year. Photo: Edmond So
Hong Kong’s property market has taken a hit this year. Photo: Edmond So

Hong Kong government tightens residential land supply amid faltering property market

  • Only one residential site in Tsuen Wan will be offered for tender in the January to March quarter
  • A commercial plot in Mong Kok will also be offered for sale in the financial year’s final quarter