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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.
Homemakers, who made up 48 per cent of the households surveyed, were the group most affected by the heat. Photo: Dickson Lee
Hong Kong society

Subdivided flat residents suffering in heat that feels like 52 degrees: study

Survey of 86 households across nine districts finds 80 per cent of people living in such homes reported dizziness and headaches.

Hong Kong property

To rent or not to rent? That is the question for Hong Kong homebuyers

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Hong Kong economy

URA posts HK$338 million operating surplus after three years of losses

Hong Kong society

Bomb-disposal team, light public housing unit win chief executive’s award

Hong Kong leader John Lee praises teams for embodying professional spirit of civil servants in ‘rising to challenges and pursuing excellence’.

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Chief Executive John Lee presents an award to Raymond Suryanto Chin-chiu, a senior bomb disposal officer. Photo: Sun Yeung
Hong Kong

Hong Kong public rental housing wait edges up to 4.8 years, urban allocations rise

Despite increase in ‘composite’ figure, Housing Bureau says average wait for standard public rental home fell by 0.1 years to 5.5 years.

Hong Kong society

Hong Kong’s subdivided flats are turning into heat traps. But what’s the fix?

Welfare advocates call on authorities to take action as tenants grapple with steeper energy bills to ward off the heatwave.

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Hong Kong society

‘I had planned to stay for life’: last villagers prepare to leave Cha Kwo Ling

‘There is no need for so many mega-events in Hong Kong to create something new ... better if we could retain something unique,’ resident says.

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Cha Kwo Ling resident Mrs Lam displays her medicinal herbs. She says she will no longer be able to grow them after being rehoused. Photo: Sam Tsang
Hong Kong economy

In Focus | Why does Hong Kong need a 5-year plan – and will it curb its free-market economy?

As Hong Kong embraces long-term planning for the first time, economists and officials debate whether strategic state guidance can coexist with its open, market-led economy.

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Hong Kong property

Wharf firms up balance sheet as Hong Kong sales cushion profit slump

‘Our first choice is investment in Hong Kong’s property sector’, while mainland China lacks ‘good opportunities’, chairman says.

Hong Kong property

US$19m home sale in Hong Kong’s Stanley shows resilient demand

Deal for house in One Stanley development adds to string of high-end transactions despite softer overall activity.

A view of One Stanley on the south side of Hong Kong Island. Photo: Elson Li
Hong Kong’s Tai Po fire tragedy

8% of Wang Fuk Court owners yet to accept buy-back as deadline looms

Asked whether government will turn to legal means to acquire remaining flats, chief executive says decision will be made at later stage.

Wang Fuk Court home owners leave after attending an extraordinary general meeting at Kai Tak Community Hall on July 19. Photo: Edmond So
China property

Derelict cinema on scenic Hong Kong island has a US$1 million price tag

Peng Chau Cinema was once a bustling nightspot but has lain virtually empty for almost four decades and is now set to go under the hammer.

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Hong Kong politics

5-year plan to create more jobs, help young people with housing: John Lee

City leader says government is paying close attention to youth employment, while Northern Metropolis presents opportunity for bigger homes.

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Hong Kong society

Letters | Heat resilience should be baked into buildings across Hong Kong

Readers discuss heat-resilient building design as public health policy, and how to better safeguard teachers’ and students’ well-being.

A rooftop farm at Metroplaza in Kwai Fong in 2022. High-rise developments should prioritise operable windows and sky gardens to ease vertical heat accumulation. Photo: Xiaomei Chen
Hong Kong

Hong Kong urged to boost public housing space and speed up flat allocation

Concern group calls for clearer housing targets in five-year plan, including larger subsidised housing and pledge to cut average wait time to three years.

A concern group has urged the government to include clearer targets on public rental flat size and waiting times in the city’s first five-year plan. Photo: Jelly Tse
Hong Kong society

Opinion | Hong Kong needs regenerated districts, not piecemeal renewal

The government should tie redevelopment of properties in old districts to Northern Metropolis development rights and create an urban regeneration authority.

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Hong Kong economy

How a Hong Kong luxury estate saved HK$1b in renovation cost with tech solutions

Ex-CEO of AsiaWorld-Expo Allen Ha says ‘homegevity’ model of targeted, consistent repairs can spare homeowners major renovation work.

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Hong Kong economy

CUHK earmarks Pak Shek Kok site for new medical building and 10th college

CUHK president Dennis Lo says new site gives room to expand while warning that high housing costs remain a drag on city’s research sector.

Pak Shek Kok will house CUHK’s new medical building and its 10th constituent college. Photo: Jelly Tse
Hong Kong politics

Opinion | What Hong Kong’s districts can learn from Sham Shui Po’s governance

Grass-roots political achievement should be judged by whether residents’ lives become measurably safer, healthier and more secure.

Northern Metropolis

Hong Kong gauges feedback on 50:50 split for public flats, subsidised sale homes

Total supply of public housing will reach 196,000 flats over the next five years, government minister says.

Hong Kong property

Hong Kong home price rally to cool after strong first half: analysts

Housing prices in the city have risen for 13 consecutive months, but analysts expect the market to lose steam amid weaker investor sentiment.

A general view of the private residential area in Kai Tak. Photo: Sam Tsang
Hong Kong’s Tai Po fire tragedy

Contractor’s 2 directors deny all allegations in Tai Po fire witness statements

Independent committee investigating Wang Fuk Court fire also releases statement by district councillor previously criticised by residents.

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Prestige director Hau Wah-kin denied allegations of bid-rigging in his witness statement. Photo: Sam Tsang
Hong Kong property

7 Hong Kong developers bid for waterfront Kowloon renewal project

Site for 1,200 flats, worth at least US$688 million, is part of urban renewal initiative linking Kowloon neighbourhoods to Kai Tak.

Hong Kong property

The View | Why Hong Kong’s student housing market faces race against time

Suitable sites for conversion to student housing are dwindling while questions about scalability and liquidity are coming into sharper focus.

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Hong Kong property

Hong Kong first-half home sales to boost developers’ earnings

Despite the brighter residential market outlook, commercial real estate continues to be weighed down by a lack of demand in non-core areas.

Potential buyers and estate agents line up at the sales office of Sun Hung Kai Properties' Garden Regency at the International Commerce Centre in West Kowloon on July 18. Photo: Edmond So
Paul Chan

Northern Metropolis will make Hong Kong more liveable, finance chief says

Financial Secretary Paul Chan says government will make border town ‘suitable for living, working, studying and leisure’.

The Hung Shui Kiu/Ha Tsuen New Development Area site within the Northern Metropolis. Photo: Eugene Lee
Asian cinema: Hong Kong film

Why Jacob Cheung’s Cageman and Intimates became his most memorable films

In Cageman, Cheung leaned on social observations and light drama. In lesbian romance Intimates, he focused on romance, not sexual passion.

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Hong Kong property

Investors ‘bulk buying’ flats remains key in Hong Kong amid hot rental market

A record 654 buyers snapped up two or more new properties in the first half of the year, as investors look to cash in on Hong Kong’s rental market.

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