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Hong Kong housing
Hong KongHealth & Environment

One million flats needed to meet growing demand in Hong Kong by 2046

Government’s long-term development plan sets out vision for Hong Kong’s growing population

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Development plan sets city’s housing and development needs past 2030. Photo: May Tse
Shirley ZhaoandErnest Kao

Hong Kong will need one million flats in the next three decades to accommodate household growth, non-locals and displacement caused by redevelopment projects, according to a long-term land planning report issued by the government.

The report, released as a supplement to the 2030 Plus long-term strategy for planning and development beyond 2030, also projects that the average flat size in the private housing sector would be 646 sq ft in net or saleable floor area by 2046.

The calculation is based on flat sizes growing 6 per cent over the past 32 years. The current average size for planned new town housing developments is 620 sq ft.

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Based on the projections, the report concludes that the city will need 1,670 hectares of land for housing by 2046, with only 1,440 hectares already identified.

Watch: Can a capsule solve housing affordability in Hong Kong?

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