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

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

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Architecture and design

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

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.

A public housing estate in Wong Tai Sin. Nearly 1,200 of the most well-off tenants in Hong Kong’s public rental flats will be forced out in four years’ time even if they are willing to pay higher rents, in a proposal by the Housing Bureau aiming to tackle abuse of public resources. Photo: Nora Tam
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 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.

Under the Home Ownership Scheme, 40 per cent of subsidised flats are reserved for households with elderly members and families with newborns. Photo: Nora Tam
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.

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.

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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As of the end of August 2024, there were about 43 800 well-off tenants, accounting for about 5.4 per cent of the total public rental households. Photo: Eugene Lee
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.

The undulating “spine” of this ADRO-designed flat in Hong Kong provides storage and guides the occupants from the entrance towards the bedroom corridor. Photo: 1kmstudio
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.

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.

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.

Redhill Peninsula in Tai Tam. Photo: May Tse
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.

The Northern Metropolis blueprint aims to transform 30,000 hectares in the New Territories into an economic hub. Photo: May Tse
Hong Kong property

China Vanke’s Hong Kong unit sees strong flat sales despite mortgage concerns

The embattled developer has sold 223 of the 228 flats on offer at its Le Mont residential project, according to agents.

Artificial intelligence

Hong Kong adopts AI to catch housing tenants throwing objects off buildings

Housing minister gives assessment of smart technology’s implementation at 10 public rental housing estates as part of trial run.

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Hong Kong

Hong Kong to resume unauthorised temporary structure scheme by end of year

Scheme aims to tackle rampant illegal additions to village houses totalling more than 100,000 structures.

General view of Pokfulam Village. Half of the more than 60,000 ­village houses inspected have unauthorised structures, but authorities plan to give owners with minor illegal additions a grace period before ordering removal work due to the huge volume of cases. Photo: Jonathan Wong
Hong Kong property

Hong Kong rents hit 5½-year high as demand surges post-holiday season

Centa-City Rental Index, compiled by Centaline Property, rose 0.46 per cent month on month in February.

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Hong Kong urged to review public housing income threshold due to new minimum wage

If Housing Authority proposal on income levels is adopted, two-person household working 10 hours a day for 26 days per month at minimum wage will fail to qualify.

Hong Kong property

Hong Kong homebuyers deliver brisk weekend sales

Strong results for Sun Hung Kai Properties and Henderson Land show improving sentiment after a stamp-duty cut, agents say.

An artist’s impressiong of Eight Southpark, developed by Henderson Land. Photo: Handout
Hong Kong economy

Hong Kong to press on with selling residential plots amid warnings of oversupply

Development minister Bernadette Linn also says government will not give up on project to build artificial islands in waters off Lantau.

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Authorities are considering rezoning some commercial sites in urban areas for residential use to boost land sales. Photo: Dickson Lee
Hong Kong

Trial run to offer property services to ageing Hong Kong residential buildings

Old buildings in Yau Tsim Mong will receive property management services, followed by Sham Shui Po, Kowloon City and Tsuen Wan.

Hong Kong budget 2025-26

Hong Kong rejects US credit rating agency’s report on property market oversupply

Report by S&P Global Ratings says excess of office space the ‘most acute’ problem facing sector.

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Mainland China

Hong Kong still among world’s top wealth hubs, according to Knight Frank report

There were an estimated 42,715 high-net-worth individuals in Hong Kong last year, making up around 0.6 per cent of the city’s population.

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A view of Kowloon, looking across Victoria Harbour. Photo: Elson Li
Hong Kong property

Hong Kong’s February property sales fall to 5-month low amid caution

Property agencies say potential buyers and investors are cautious due to ongoing US-China tensions.

Potential buyers at a State Pavilia sales office in North Point. Photo: Edmond So
Crime in Hong Kong

Hong Kong's illegal land grab, 1 year on

The Post revisits three upmarket estates a year after we exposed a range of unauthorised structures and land encroachment at each project

Hong Kong property

More distress expected in Hong Kong’s property market as Winland divests assets

Borrowers have asked to defer repayments amid declines in commercial property values and rents, according to Hang Seng Bank.

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