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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 URA has been given a site on Bailey Street in Hung Hom. Photo: Jelly Tse
Hong Kong

Hong Kong Urban Renewal Authority eyes Middle East, Europe investors for bonds

Retiring boss Wai Chi-sing says URA will issue bonds this year and has introduced its work to investors in Europe, Middle East and Singapore.

Hong Kong society

Twice-unlucky public flat tenants to be prioritised for Hong Kong subsidised homes

Crime in Hong Kong

Hong Kong lawmakers back criminalising of subletting public rental flats

Hong Kong property

Debt crunch at NWD stokes downside risk in Hong Kong home prices, S&P says

Decision to defer coupon payments on four series of perpetual bonds threatens a bigger drop in home prices, rating firm says.

New World Development’s head office in Central. Photo: Jelly Tse
Architecture and design

Is wood the next ‘quiet luxury’ trend for Hong Kong homes?

Whether it’s a colonial touch or traditional Chinese-style architecture you seek, ever-versatile timber’s your answer.

Hong Kong property

First flats in NWD-led Deep Water Pavilia go on sale on Saturday

Prospective buyers have submitted 2,500 cheques for 138 flats priced at an average of US$2,680 per square foot.

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Architecture and design

Quiet 900 sq ft Kowloon Tong retreat just what the doctors ordered

Apartment blends comfort and clever bespoke solutions to create just what a couple with unpredictable schedules need.

Interior designer Joyce Taufer has created as a quiet retreat for medical doctors Jade Li and Stanton Ho. Photo: John Sumang
Hong Kong

Leeway urged for public housing applicants in Hong Kong to combat ‘lying flat’

Housing Authority committee chairwoman says applicants should be allowed to earn slightly more than threshold to discourage people from stalling their careers.

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Hong Kong water supply

Hong Kong lawmakers push for bitumen-lined water pipe replacement and disclosure

Calls made to expedite replacement of 700km of water pipes containing banned substance, accounting for 8 per cent of city’s network.

Hong Kong society

Opinion | Government is making all the wrong noises about Fanling water scare

In handling a freshwater contamination scare, officials have shown a lack of understanding on a human-to-human level.

Residents of Queens Hill Estate in Fanling collect drinking water from tanks provided by the Water Supplies Department on June 2, after black specks were found in tap water. Photo: Sam Tsang
Hong Kong economy

Better harbourfront access among Hong Kong urban renewal body’s plans for site

Managing director reveals more details about one of two plots granted by government to help cash-strapped URA.

The site on Bailey Street in To Kwa Wan is currently being used as a temporary car park. Photo: Jelly Tse
Hong Kong society

Opinion | Get elderly housing right and Hong Kong’s silver economy can take off

To support the latest measures, the right infrastructure must be in place, starting from housing and community support.

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Hong Kong society

Water pipe spewing bitumen in Hong Kong estates to start being replaced this year

Priority given to replacing 400-metre section lined with bitumen and believed to be source of black particles dirtying water at two housing estates.

Hong Kong economy

Hong Kong approves land grants to cash-strapped urban renewal body in rare move

Statutory body handed Hung Hom and Tseung Kwan O sites to support redevelopment projects, with a condition to review its financing model.

The government has granted two parcels of urban land to the cash-strapped Urban Renewal Authority, including a site on Bailey Street in Hung Hom. Photo: Jelly Tse
Hong Kong property

NWD and partners set record-low price for Southside Hong Kong flats

The sale will provide some relief for the cash-strapped developer, which last week postponed interest payments on US$3.4 billion in bonds.

NWD owns 50 per cent of the 447-unit Deep Water Pavilia project in Wong Chuk Hang. Photo: Handout
Hong Kong property

Hong Kong housing market bound for gradual recovery: analyst

Prices set to rise by 3 per cent in the next six months, followed by 5 per cent increases in the next two years, Bocom International says.

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Hong Kong property

Hong Kong’s real estate market cooled in May, with deals slumping to 3-month low

Transactions fall 11 per cent from a month earlier to 6,442, while value eases 0.5 per cent to US$6.3 billion, according to Land Registry.

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Hong Kong property

Architect takes helm of Hong Kong’s cash-strapped URA amid mounting challenges

Veteran architect Donald Choi tasked with effectively handling the issues of building decay, as well as the organisation’s financial sustainability.

Veteran property specialist Donald Choi, who has been appointed as the new managing director of the Urban Renewal Authority. Photo: Xiaomei Chen
Hong Kong society

Hong Kong leader has ‘burning urgency’ to fast-track Northern Metropolis project

Chief Executive John Lee exploring legal amendment to expedite the development which requires lawmakers’ consensus.

Hong Kong property

Hong Kong’s April lived-in home prices gain as cut in stamp duty spurred deals

An index measuring home prices in the city’s secondary market rose 0.35 per cent from March, according to a government report.

Hong Kong property

Well-heeled buyers swarm to New World-led Deep Water Pavilia luxury project

The flats at the 447-unit project in Wong Chuk Hang were sold at an average of HK$62 million.

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The 447-unit Deep Water Pavilia project in Wong Chuk Hang is jointly developed by a consortium led by New World Development. Photo: Handout
Architecture and design

A family sensitively renovates a 1970s Jardine’s Lookout duplex

The revamp resulted in a timeless, comfortable and practical home where conversation and reading are prioritised over screen time.

The 2,150 sq ft, two-level flat features four bedrooms, four bathrooms, a study, plus an outdoor terrace. Photo: Walker Yip
Northern Metropolis

Hong Kong village church members wonder where next after relocation order

‘I have lived here for most of my life. I do not know how to read or write. I do not go to other places except the church and the elderly centre,’ one says.

Hong Kong property

Hong Kong homebuyers flock to latest Sierra Sea units as mortgage rates ease

The temporary truce in the tariff wars between the US and China also helped improve sentiment in the property market, according to agents.

Hong Kong

Editorial | Public needs answers on alleged corruption at Kowloon flats site

Hong Kong graft-buster investigates defects scandal at housing project where supervisors are suspected of accepting bribes.

The construction site of CK Asset’s Anderson Road project in Kwun Tong, which was found to not comply with approved building plans. Photo: Dickson Lee
Hong Kong property

Steel bar bribery case at CK Asset project in Hong Kong: timeline of events

The nearly 3,000-flat development in Kwun Tong has been mired in controversy even before concerns over steel rebar works.

The number of main reinforcement bars in structural components was, on average, 10 per cent below approved specifications for the Anderson Road project. Photo: Dickson Lee
Hong Kong economy

Collective oversight to blame in Hong Kong’s CK Asset building scandal: experts

While noting bribery incident is rare, engineers say many workers must have known about subpar work.

Crime in Hong Kong

10 arrested in Hong Kong in bribery case centred on CK Asset housing project

ICAC alleges that subcontractors offered site supervisors perks in exchange for lax oversight of steel rebar work on Anderson Road project.

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