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Hong Kong housingi

 

Latest news, features and analysis on Hong Kong housing, including policy and efforts to find a solution to the problem of a shortage of homes in the world’s most expensive property market.

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  • Development minister Bernadette Linn says ‘modular integrated construction’ method may help to offset predicted manpower shortfall for building sector
  • ‘We envision it can provide impetus to the private sector if the government can take on a leading role, especially when we are lacking construction labour,’ she adds
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Property agents have raised sales forecasts for the year amid project launches at discounted prices, but say a lack of a rate cut could pare those estimates.

Development chief Bernadette Linn Hon-ho reveals plan after city leader pledges to review enforcement priorities for buildings failing to comply with fire safety orders.

Conservation groups say report on environmental impact of San Tin Technopole project contains inaccurate information and may be subject to legal challenges.

One-fifth of those buildings are located in Yau Tsim Mong, home to 60-year-old New Lucky House where blaze killed five and injured 43 others.

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Readers discuss the history of proposals for container terminals and roads on reclaimed land, how landlords can help shops attract patrons, and visitors from the mainland flocking to a prestigious local university.

Even in the absence of the buying restrictions, a healthy supply and elevated interest rates mean the city’s infamously expensive house prices are unlikely to return to the kind of breakneck growth seen in the past, analysts say.

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Hong Kong property sales rose to a 10-month high in March, surpassing 5,000 deals a month after the government lifted all property cooling measures, data from the government shows.

The third price list covers 174 units and is 1.73 per cent higher than the first price list. CK Asset released the first price list for 138 units last Friday and a second one for 110 units last Saturday.

Housing Authority reveals figures as part of audit of 88,000 tenants carried out in October and November last year, with 250,000 ordered to declare assets before end of May.

Urban Renewal Authority’s streamlined tendering plan designed to boost developers’ interest in bidding and speed up process, managing director says.

An influx of non-local higher-education students is creating opportunities for property investors and hotel owners as a shortfall of accommodation widens, according to industry insiders.

Housing director Rosanna Law says she is ‘not very worried’ about slowdown in subsidised homes market and highlights number of people ‘waiting in line’ for public flats.