As of December 2017, there were 9,500 unsold flats in private developments. Photo: Roy Issa

Owners of empty flats could be taxed under new plan to tackle Hong Kong’s housing shortage

Finance chief Paul Chan did not specify if the tax would be on homeowners or developers, but analysts are sceptical if the plan will even come to pass, citing the challenges of imposing it on either group

Topic |   Hong Kong housing

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As of December 2017, there were 9,500 unsold flats in private developments. Photo: Roy Issa
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Tony Cheung

Tony Cheung

Tony Cheung became a political journalist in 2007. He joined the Post in 2012 and now leads the Hong Kong-mainland relations team on the Hong Kong desk. Tony also writes about the economy, and reports from mainland China, the United States, Germany and Britain.

Naomi Ng

Naomi Ng

Naomi is a city news reporter at the South China Morning Post. She joined the Post in 2015 as a cadet reporter and has previously written for CNN International in Hong Kong, and Mizzima news in Myanmar.

Sum Lok-kei

Sum Lok-kei

Sum Lok-kei joined the Post in 2018. He is a reporter on the Hong Kong desk.