Magnificent Hotel Investments chairman William Cheng Kai-ming in Causeway Bay on September 28, 2016. Photo: Sam TsangMagnificent Hotel Investments chairman William Cheng Kai-ming in Causeway Bay on September 28, 2016. Photo: Sam Tsang
Magnificent Hotel Investments chairman William Cheng Kai-ming in Causeway Bay on September 28, 2016. Photo: Sam Tsang

This hotel executive has an instant solution to help tackle Hong Kong’s ‘outrageous’ home prices

Amending rules to permit the sale of hotel rooms, and allowing their long term rental, would significantly add to the city’s housing stock, easing the supply shortage

Topic |   Property investment
Magnificent Hotel Investments chairman William Cheng Kai-ming in Causeway Bay on September 28, 2016. Photo: Sam TsangMagnificent Hotel Investments chairman William Cheng Kai-ming in Causeway Bay on September 28, 2016. Photo: Sam Tsang
Magnificent Hotel Investments chairman William Cheng Kai-ming in Causeway Bay on September 28, 2016. Photo: Sam Tsang
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