Private residential buildings stand side-by-side with public housing estates in Tsing Yi, Hong Kong. Photo: May Tse

Hong Kong’s public rental flats no longer the bargain they once were as private sector prices spill over

  • A former subsidised rental flat on the Fung Tak Estate in Wong Tai Sin set a new record this week, selling for HK$8,795 per square foot
  • Analysts say demand is on the rise and sellers are holding out for sky-high asking prices
Topic |   Hong Kong property

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Private residential buildings stand side-by-side with public housing estates in Tsing Yi, Hong Kong. Photo: May Tse
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