Mong Kok is one of the most densely populated areas of Hong Kong. Photo: Martin Chan Mong Kok is one of the most densely populated areas of Hong Kong. Photo: Martin Chan
Mong Kok is one of the most densely populated areas of Hong Kong. Photo: Martin Chan

Ambitious plan to redevelop 3,300 buildings in heart of Hong Kong runs into financial problems

  • Project that would add tens of thousands of public housing flats would entail HK$100 billion hit to authority
  • Developers only interested in profitable projects, but the development density in the areas has already reached limits allowed, managing director says

Topic |   Hong Kong housing
Mong Kok is one of the most densely populated areas of Hong Kong. Photo: Martin Chan Mong Kok is one of the most densely populated areas of Hong Kong. Photo: Martin Chan
Mong Kok is one of the most densely populated areas of Hong Kong. Photo: Martin Chan
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