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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.
Chan Sai-chiu has made efforts to make his home more comfortable, but he is set to be evicted to make way for renovations. Photo: Eugene Lee
Hong Kong society

Are new Hong Kong subdivided flat standards triggering a wave of evictions?

Basic Housing Units Ordinance takes effect on Sunday, with landlords required to make renovations to ensure properties meet new standards.

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Hong Kong’s Tai Po fire tragedy

Hi-tech aids proposed to help elderly climb stairs to fire-ravaged Tai Po flats

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Hong Kong property

Some Hong Kong landlords spend millions fixing subdivided flats ahead of new law

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Hong Kong budget 2026-27

Hong Kong to offer 9 residential sites to developers in 2026-27 land sale plan

Sites include three from previous programme and are expected to yield about 6,650 flats, development chief Bernadette Linn says.

Sites in Hung Shui Kiu are among those set to be offered to developers. Photo: Sam Tsang
Hong Kong property

Hong Kong developer Sino Land posts steady profit amid market improvements

Chairman Daryl Ng highlights the city’s encouraging property sales performance in the second half of 2025.

Hong Kong property

Hong Kong’s ‘king of shops’ sells home on The Peak for US$41.3 million

Veteran retail property investor says there is no point in holding on to the flat amid low rental yield and sluggish leasing market.

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Hong Kong property

Hong Kong’s higher stamp duty will not stop luxury homebuyers from China

Mainland buyers accounted for about 80 per cent of the HK$100 million-plus deals in the city so far this year, according to Centaline.

A total of 48 HK$100 million-plus property deals worth HK$10.4 billion have been completed so far this year. Photo: Roy Issa
Hong Kong property

SHKP, Hong Kong’s bellwether developer, posts 36% jump in first-half net profit

The company plans to launch many new residential projects over the next 10 months, including the second phase of Cullinan Harbour in Kai Tak.

Hong Kong property

Hong Kong’s home prices reach 19-month high as rise gathers pace

‘We expect Hong Kong’s residential market in 2026 to remain resilient and positive,’ CBRE’s Hannah Jeong says.

Hong Kong property

Why global banks are betting on a double-digit surge in Hong Kong home prices

JPMorgan and Goldman Sachs join Morgan Stanley in lifting their market outlook to double digits, as price gains outpace previous expectations.

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Skyscrapers dot the landscape of Hong Kong’s Mid-Levels. The city’s housing rebound has been led in part by the luxury segment. Photo: Getty Images/iStockphoto
Hong Kong’s Tai Po fire tragedy

Editorial | Buy-back plan offers Hong Kong’s fire-hit homeowners a fresh start

Generous pricing and a flat-exchange pledge make this settlement package a swift and practical solution for affected households.

The fire-ravaged Wang Fuk Court in Tai Po on February 23. Photo: Eugene Lee
Hong Kong’s Tai Po fire tragedy

Hong Kong fire victims to keep receiving HK$150,000 annual aid until rehoused

If the exchange flat is not ready for 2½ years, the annual subsidy will continue until they move in, an official says.

Hong Kong property

Hong Kong home sales head for 22-year high as developers test price resilience

Deep discounts that were offered by developers to reduce unsold inventory may be a thing of the past, analysts say.

Hong Kong’s Tai Po fire tragedy

Hong Kong official warns of lower payout if Tai Po fire victims reject buy-back plan

Deputy finance chief Michael Wong urges Wang Fuk Court flat owners to ‘make a wise decision’ or face lower compensation under possible legislation.

The government is expected to spend about HK$6.8 billion to buy back damaged flats at Wang Fuk Court, offering HK$8,000 or HK$10,500 per square foot. Photo: Dickson Lee
Hong Kong’s Tai Po fire tragedy

Wang Fuk Court buyback plan disappoints some residents despite ‘generous’ offer

Government announces offer to purchase flats destroyed in blaze at HK$8,000 or HK$10,500 per square foot, but some residents prefer redevelopment.

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The government has ruled out redeveloping Wang Fuk Court, as it could take nine to 10 years. Photo: Dickson Lee
Hong Kong’s Tai Po fire tragedy

Hong Kong to spend HK$6.8 billion buying back fire-ravaged Tai Po flats

Deputy financial secretary says government offering HK$8,000 or HK$10,500 per square foot and will draw HK$4 billion from public funds.

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Hong Kong economy

Hong Kong budget 2026-27: ‘sweeteners’ for grass roots or the middle class?

Debate grows in the wake of finance chief’s projection that city will achieve early operating account surplus after three-year deficit.

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Hong Kong

Video | Will Hong Kong’s new subdivided flat rules help or hurt?

Basic Housing Units policy will require subdivided units to meet new minimum standards, but current residents fear they could be priced out.

SCMP / ELSON LI
Hong Kong property

Hong Kong’s property market to build on gains in the Year of the Horse: agents

Overall property transactions in the Year of the Snake totalled 87,506 valued at about US$86.8 billion, according to the Land Registry.

Hong Kong’s Tai Po fire tragedy

Tai Po fire owners to get buy-back offer of up to about HK$10,000 per square foot

Government sources say resettlement plan to be announced as early as Saturday.

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Architecture and design

This Hong Kong home sleeps six – and still feels serene

This luminous, Japanese-inspired bolt-hole in Tsim Sha Tsui is a far cry from its gloomy, fragmented beginnings.

Living area of the flat in Tsim Sha Tsui designed by GAAN. Photo: Eugene Chan
Hong Kong property

Exclusive | Mongolian mining family buys Stanley home as luxury sales set new record

Tselmuun Nyamtaishir, president and CEO of Mongolyn Alt, said the home is intended as a retirement residence for family use.

An entity linked to Mongolian magnate Tselmuun Nyamtaishir has signed a provisional agreement to acquire House 5 in One Stanley at 128 Wong Ma Kok Road. Photo: Elson Li
Hong Kong property

Kerry Properties secures Hong Kong’s latest residential plot for US$177 million

Kerry beat seven bidders for the rights to develop a residential project on the 1,349-square-metre parcel in the Eastern district.

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Hong Kong

New think tank launched to bridge talent gap in Hong Kong studies

Hong Kong Future Economy Institute’s director says focus on global topics at local universities has led to fewer people researching pressing local issues.

Hong Kong property

Prince Jewellery director sells upscale Hong Kong flat, upgrades to duplex

Tang Yick-ki swaps his 1,019 sq ft flat in The Cullinan for a 1,593 sq ft duplex in The Waterfront.

The Cullinan in West Kowloon pictured in March 2015. Photo: SCMP
Mainland China

Average public housing wait time in Hong Kong rises to 5.6 years

Housing Bureau attributes third consecutive quarterly increase to high demand for flats in urban areas.

Hong Kong’s average waiting time for a public rental flat rose to 5.6 years as of December, marking a third consecutive quarterly increase. Photo: Sam Tsang
Hong Kong property

Hong Kong tycoon Joseph Lau’s kin sell Mid-Levels flat for US$12.8 million

Entity controlled by Lau’s eldest son Lau Ming-wai and former partner Yvonne Lui turns profit on deal amid firming prices in luxury segment.

Hong Kong property

Hong Kong land fetches US$230 million as Chinese developer outbids city rivals

China Overseas Land & Investment beats eight rivals to secure a 50-year lease for a 33,712 sq ft housing plot in Ngau Tau Kok.

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