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Hong Kong housing

Hong Kong housing
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.
The pilot scheme includes an 18.6-hectare site in San Tin, one-third of which will be allocated for private housing. Photo: May Tse
Hong Kong economy

Hong Kong confident in megaproject bids amid economic headwinds

Secretary for Development Bernadette Linn optimistic of successful tenders for Northern Metropolis projects despite US-China tensions.

Hong Kong

Tenancy details for only 52,700 subdivided flats filed in Hong Kong

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Hong Kong society

Safer elderly living spaces ‘could save Hong Kong HK$5.67 billion a year by 2046’

Northern Metropolis

Opinion | Why decision on a Northern Metropolis authority can’t be rushed

It all hinges on execution. Detailed public consultations will ensure any such authority serves both economic and society’s needs.

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Financial Secretary Paul Chan Mo-po leading a delegation of enterprise representatives to visit the site for the Northern Metropolis on November 29. Photo: Handout from Hong Kong’s Information Services Department
Hong Kong economy

Editorial | Time to double down on slashing red tape to spur development

The last thing Hong Kong needs is visionary ideas held back by short-sighted bureaucracy.

Hong Kong

Hong Kong housing body prepares new round of contracts targeting well-off tenants

Hong Kong Housing Society chairman Ling Kar-kan also says the organisation is confident new rules will stand up to legal scrutiny.

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Hong Kong economy

Opinion | How Hong Kong can reimagine its greatest asset: people’s homes

The city badly needs new revenue sources, and selling public housing units to tenants offers a better solution than painful cuts or new taxes.

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A public housing estate in Wong Tai Sin on March 21. Hong Kong’s 850,000 public rental units house about a third of its population. Photo: Nora Tam
Hong Kong economy

More incentives needed to spur new ecotourism areas in Hong Kong: experts

Francis Lam, former president of the Institute of Surveyors, says the need for infrastructure significantly affects project’s financial viability.

Hong Kong property

Hong Kong’s March property sales rise to the highest in 4 months

Sales of new and lived-in homes, shops, office units, car parking space and industrial properties jumped by 55 per cent to 6,657 lots last month.

Hong Kong

Hong Kong lawmakers question if landlords will register subdivided flats

Under proposed law to improve quality of flats, landlords would need to pay HK$1,000 registration fee, obtain licence and hire professionals for inspections.

A subdivided flat in Sham Shui Po. It is estimated there are 110,000 such flats in the city. Photo: May Tse
Hong Kong

22 Hong Kong, mainland firms express interest in pilot Northern Metropolis scheme

Henderson Land Development, New World Development and Sino Land among those to signal interest, after Beijing official urged involvement.

The Northern Metropolis is a government blueprint that aims to transform 30,000 hectares of land in the New Territories. Photo: May Tse
Hong Kong property

Hong Kong mortgage loans surge to 9-month high as new homebuyers seek financing

Financial institutions approved mortgage loan applications worth US$3.3 billion in February.

Accidents and personal safety

Up to 60% of Hong Kong landslides on private slopes related to poor upkeep

Authorities warn higher drainage capacity for slopes needed, with more extreme weather expected in the future.

Hong Kong property

Hong Kong’s home prices fall towards decade low on interest rate, tariff pain

Secondary home prices have declined by a cumulative 27 per cent since January 2022, according to government data.

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A man walks past a real estate agency in Causeway Bay in January 2025. Photo: Antony Dickson
Hong Kong

Hong Kong eyes ‘pay for what you build’ approach for developers adjusting leases

Developers currently pay land premiums based on maximum floor area when they modify leases, development chief Bernadette Linn notes.

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The Hong Kong government plans to incentivise private project development. Photo: Eugene Lee
Architecture and design

Works by Tracey Emin and Hilarie Hon grace this designer’s Hong Kong home

A Hong Kong-based designer and her arts consultant husband reimagine the space by swapping out artworks to create distinct vibes.

Hong Kong

Editorial | Hong Kong’s public housing is for those most in need

Hong Kong cracks down on abuse of subsidised flats by tightening rules and raising rents for residents who can afford to pay more.

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Asia housing and property

Editorial | Hong Kong’s public estates must put stop to illegal parking

Housing Department needs to act in wake of call by ombudsman over abuse that poses risk to Hong Kong residents.

Hong Kong’s ombudsman wants the Housing Department to take tougher action against illegal parking at the city’s public housing estates. Photo: SCMP
Hong Kong property

Cantopop diva G.E.M. dives in for 2 Hong Kong flats as prices drop

The transactions for the two units in Leon Court in Wan Chai were completed earlier this month for HK$85 million, government records show.

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Hong Kong property

Hong Kong urged to offer well-off tenants priority ‘carrot’ to buy subsidised flats

Call made after authorities announce plan to raise rent and evict wealthier tenants from public rental flats.

Hong Kong property

Hong Kong property demand sees some improvement after stamp duty cuts

The market’s long-term recovery depends on interest rate trends, as homebuyers remain cautious amid the US-China trade war, experts say.

A view of Kowloon from the sky100 Hong Kong Observation Deck on February 27. Photo: Sam Tsang
Hong Kong economy

Hong Kong’s most well-off tenants will be hit in the pocket under new policy

Rent of well-off tenants in public flats could more than double the existing amount, in addition to some being forced out in four years’ time.

The first batch of well-off tenants expected to move out as a result of the measures will do so by October 2029 at the earliest, according to a Housing Authority member. Photo: Jonathan Wong
Hong Kong property

New policy will force out 1,200 of Hong Kong’s most well-off tenants in 4 years

Proposal by the Housing Bureau aims to tackle abuse of public resources by the government.

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Architecture and design

Turning tiny Hong Kong homes into bespoke living spaces

Millennials and solo dwellers are driving a trend of compact, high-spec spaces with acres of innovative storage.

Hong Kong

Hong Kong may extend grace period to 3 years to fix subdivided flats: sources

Insiders say landlords will also need to pay a registration fee of between HK$1,000 and HK$3,000 for landlords to operate legally.

A subdivided flat in Sham Shui Po. Photo: Eugene Lee
Hong Kong property

Tributes pour in for Lee Shau-kee, Hong Kong’s ‘patriotic philanthropist’

Lee gave away some of his US$29.2 billion fortune to fund education, provide housing and elderly care for the city’s underprivileged.

Professor Zhou Qifeng, President of Peking University and Lee Shau-kee in 2011 visited the construction site of the Lee Shau Kee Humanities Buildings inside the Jingchun Garden which used to be an imperial garden in the Qing dynasty. Photo: Handout
Hong Kong

Editorial | Sense of urgency is required in rectifying illegal structures in Hong Kong

Authorities have taken some action against owners in luxury estates who had illegally occupied government land or built illegal structures, but progress is slow.

Hong Kong politics

Hong Kong urged to make Northern Metropolis ‘special zone’ to speed up work

Starry Lee, city’s sole delegate to nation’s top legislative body, points to slow pace of construction in project at the border.

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