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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.
An artists impression of the Hung Shui Kiu/Ha Tsuen new development area, part of Hong Kong’s Northern Metropolis. Photo: handout
China’s private sector

Why Hong Kong’s major developers stayed out of Northern Metropolis’ tender

Limited bids suggest government’s new land-sale model asks developers to do more than build homes, testing a role outside their expertise.

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Hong Kong property

Caution on land tenders key to Hong Kong’s property recovery: analysts

Hong Kong

Hong Kong approves first subdivided units meeting basic housing standards

Hong Kong property

Northern Metropolis: a new era for development or a tough sell?

Henderson Land the sole stand-alone bidder as Sino Land joins JD.com and mainland developers in a consortium for the Hung Shui Kiu project.

An aerial view of Hung Shui Kiu new development area of Hong Kong’s Northern Metropolis on March 26. Photo: Elson Li
Hong Kong property

Buyers eye Hong Kong luxury homes as agents predict mild price growth

Big-ticket luxury home prices expected to rise up to 2% as more buyers enter the market and momentum stays buoyant after strong first half.

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Hong Kong property

Hong Kong developer switches to high gear with Mercedes giveaways for homebuyers

K&K Property woos wealthy buyers with luxury car sweeteners as the city’s high-end housing market rebounds.

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Hong Kong

Will Fosun’s luxury project revive Hong Kong’s Movietown magic?

Fosun Group begins HK$10 billion transformation of legendary studio, signalling confidence in Hong Kong’s property recovery.

Fosun International chairman Guo Guangchang speaks Monday at the groundbreaking ceremony of a HK$10 billion residential project at the site of the Shaw Brothers studio in Clear Water Bay. Photo: Fosun
Hong Kong tourism

Hong Kong eases licensing criteria for rural guest houses and campsites

Home Affairs Department publishes two guides allowing greater flexibility in building and fire safety requirements to encourage rural tourism.

Hong Kong’s Tai Po fire tragedy

Exclusive | Housing minister talks accountability, how to prevent another Tai Po fire

Secretary for Housing Winnie Ho says tragedy left profound impact on all involved departments and highlighted need to strengthen oversight.

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SCMP Exclusives

Exclusive | High ceiling to clear? First rectified subdivided flat to be approved soon

Housing minister Winnie Ho also says government still needs at least four years to fulfil Beijing’s order to eradicate substandard homes.

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There are currently about 220,000 residents living in subdivided homes. Photo: Eugene Lee
Hong Kong society

Opinion | To boost birth rate, Hong Kong needs to deliver quality housing

If homes remain painfully unaffordable and pitifully small, it’s very difficult to persuade couples to have children.

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A man pushes a baby in a pram in Yau Ma Tei on July 17, 2025. Photo: Jelly Tse
Northern Metropolis

Exclusive | Bigger space, better living: what Northern Metropolis public flats have to offer

Share of larger flats will also be increased to 25 per cent, with estates integrated with the area’s environment, heritage and technology.

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Hong Kong economy

Editorial | Hong Kong villages can thrive alongside Northern Metropolis

Greater planning flexibility has the potential to boost the rural economy and provide more tourist amenities.

Hong Kong property

Mainland Chinese mining boss snaps up Hong Kong home at US$28m receivership sale

Distressed Stanley property sold at steep discount, reflecting banks’ urgency to clear losses as mainland investors return to luxury market.

Properties in traditional luxury districts such as Stanley, Repulse Bay and The Peak continue to attract interest when offered at meaningful discounts. Photo: Shutterstock
Hong Kong property

Hong Kong property sales more measured as interest rate increase looms

Hong Kong Monetary Authority warns public to beware of interest rate uncertainties.

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An artist’s impression of One Victoria Cove in Hung Hom. Photo: Handout
Hong Kong property

Star turn for Hong Kong luxury housing as Richie Jen buys US$8.8 million flat

Market watchers say improving liquidity and strong mainland demand are helping revive transactions in Hong Kong’s luxury housing segment.

Hong Kong Housing Authority

How 2 coming Hong Kong policies aim to promote subsidised flat turnover

Schemes, which launch in September, will allow owners to lease properties without paying a premium and offer elderly households flat-for-flat swaps.

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Hong Kong property

Will Beijing’s tighter capital-control rules stall Hong Kong’s housing rebound?

Developers face a crucial test as Beijing’s capital clampdown intersects with Hong Kong’s recovering housing market.

Developers are set to launch new homes in the coming days and weeks. Photo: Sam Tsang
Hong Kong politics

Opinion | Hong Kong’s five-year plan must boost governance to ensure results

The challenge is not simply identifying problems. It is mustering the political will and building the capacity to overcome them.

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Hong Kong property

US$46.2 million penthouse sale in Mid-Levels sets a 2026 record

The sale at the luxury development is the highest price per square foot in a first-hand transaction so far this year.

Mainland China

Demand from mainland Chinese students lifts Hong Kong rents, draws investors

Upfront payments and rising demand near universities are pushing rents to record highs and turning starter homes into rental assets.

Students at the University of Hong Kong in Pok Fu Lam. Photo: Karma Lo
Hong Kong property

Hong Kong developers rediscover pricing power amid firmer demand

Developers ‘no longer relying on discounted pricing to drive sales’, with popular projects recording double-digit increases, JLL says.

The latest prices at Sino Land’s La Mirabelle project in Tseung Kwan O, pictured on April 19, were about 10 per cent higher than nearby projects in January 2025. Photo: Jelly Tse
Hong Kong’s Tai Po fire tragedy

Help for 40 estates that hired Tai Po fire-linked consultant for projects

Urban Renewal Authority says the 40 housing estates have an urgent need to clarify completed yet unpaid work costs.

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Hong Kong property

Singapore group deepens Hong Kong student housing push with tower purchase

Acquisition of 26-storey building highlights growing international appetite for city’s distressed assets as banks step up property disposals.

Hong Kong property

NWD’s Pavilia Rosa project tests property market amid Hang Seng slump

Hong Kong developer’s Kowloon Tong project, to be sold on a ‘first come, first served’ basis on Friday, is a test of market sentiment.

A view of Kowloon Tong, Shek Kip Mei and Sham Shui Po. Photo: Dickson Lee
Hong Kong economy

Lantau reclamation plans should be revived, property tycoon Gordon Wu says

Lack of urban land will hold back city’s development as population grows, Hopewell Holdings chairman argues.

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Hopewell chairman Gordon Wu says Hong Kong has to think ahead. Photo: May Tse
Hong Kong society

Operation Santa Claus: charities help Tai Po fire survivors rebuild their lives

Initiatives by Habitat for Humanity and Tai Po Baptist Church Social Service provide furniture and community support to displaced residents.

Hong Kong property

CLP’s Betty Yuen sells Mid-Levels flat as Hong Kong luxury market improves

US$6.5 million sale in Po Garden delivers a 238 per cent gain, as mainland buyers sustain demand for high-end homes in the city.

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