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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 cordoned-off lift at Tsui Ping (North) Estate in Kwun Tong, where replacement works were carried out by Taizoom Elevator. Photo: Elson Li
Hong Kong

Missing lift fire door frames confined to Taizoom, Hong Kong authorities say

No missing fire-resistant door frames found in lifts maintained by other firms after probe into Taizoom Elevator uncovers citywide omissions.

Hong Kong property

Could Hong Kong’s student housing boom lure property giants off the sidelines?

Hong Kong property

Hong Kong’s SHKP sells 128 Sierra Sea flats ahead of possible US rate increase

Hong Kong property

Surveyors say presales at Pak Shing Kok residential project could begin in 2028

Consortium member New World Development announces outcome of bond exchange programme, with US$189.3 million of new, longer-term bonds issued.

The groundbreaking ceremony for New World Development and China Merchants Land’s Pak Shing Kok residential project in Tseung Kwan O. Photo: Handout
Hong Kong’s Tai Po fire tragedy

Scathing Tai Po fire report expected to be submitted on Thursday

Redacted version of the judge-led committee’s report is scheduled for public release next week at the earliest, sources say.

Hong Kong society

Homeowner fined HK$255,800 after eighth prosecution over illegal renovations

Hong Kong’s Buildings Department says owner of house in Tuen Mun was prosecuted eight times for failing to comply with removal order over illegal structures.

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Hong Kong

Editorial | Ensure standards of Hong Kong’s civil engineering work remain sky high

Recent scandals involving shoddy construction and maintenance work have shaken public confidence in professional practice and institutional safeguards.

An elevator is cordoned at Tsui On House, Tsui Ping North Estate, Kwun Tong, on October 16. The Electrical and Mechanical Services Department said last week that surprise inspections had found serious deficiencies in projects carried out by Taizoom Elevator (Hong Kong) at the estate. Photo: Elson Li
Hong Kong society

Safety checks on Taizoom lifts uncover 186 more affected buildings in Hong Kong

Number of buildings with lifts lacking critical fire-safety door components rises to 338 as authorities carry out citywide inspections.

Hong Kong property

Hong Kong’s primary flat market sees wave of launches, 2 developments sell out

Swire Properties, Chinachem Group also announced plans to redevelop three buildings into a premium grade-A office tower in Taikoo Place.

Hong Kong

Inspections ordered at 8 more houses in One Stanley after rebar scandal

After structural lapses found at one house, authorities order developer to conduct wider checks, including on home bought by Mongolian mining family.

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The development comprises 32 detached houses and 11 low-rise blocks containing 50 flats in total. Photo: Elson Li
Hong Kong property

Hong Kong plans just 2 land sales this quarter despite housing rebound

The two parcels of land in Sha Tin are earmarked for residential and student hostel projects, as government remains cautious on new housing.

Secretary for Development Bernadette Linn Hon-ho has announced two land sales for the next quarter. Photo: Silvia Siu
Hong Kong society

Hong Kong extends smart fire alarm scheme to another 6,000 old buildings

Fire service says no installations have been completed so far although the policy was rolled out over five months ago for 3,600 blocks.

Hong Kong society

Opinion | In Hong Kong, accountability must be more than a slogan

The Anderson Road, One Stanley and Queen Mary Hospital cases suggest that the city remains better at talking about accountability than ensuring it.

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Hong Kong property

Letters | Mind Hong Kong’s dorm boom today doesn’t become tomorrow’s oversupply

Readers discuss demographic trends that should drive the city’s housing plans, seniors’ digital capabilities, and how Trump might finally win a Nobel Peace Prize.

A hotel has been converted into Hong Kong Metropolitan University’s first student hostel, MU88, in Hung Hom. Photo: Dickson Lee
Hong Kong economy

Opinion | In wealthy Hong Kong, people shouldn’t have to find happiness in hardship

While mainland China might not have a Nobel Prize-winning economist, its lifting of millions out of poverty offers an example worth reflecting on.

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Illustration: Mario Cameira
Hong Kong property

New vs old: why new-builds are far outselling used homes in Hong Kong

New homes are selling fast while used property sales have remained sluggish. The two trends appear to be linked, analysts say.

Hong Kong property

K&K offers extra warranty to One Stanley homebuyers amid building defects furore

The under-pressure developer will offer buyers a six-year structural warranty, as it tries to contain growing uproar over alleged construction issues.

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Hong Kong society

Developer of One Stanley pledges 6-year warranty and checks amid steel bar probe

K Wise offers extra structural coverage and free independent inspections for owners, buyers following claims of missing steel reinforcement.

The South China Morning Post has learned that 24 transactions were recorded at One Stanley between March and September. Photo: Elson Li
Hong Kong

Tougher inspection regime needed, experts say after CK Asset building fiasco

Hong Kong lawmakers call for more inspectors and barring of errant contractors from government tenders after serious lapses at Kwun Tong project.

CK Asset Holdings

CK Asset to demolish 3 blocks at starter homes project after steelwork scandal

Developer says rebuilding three of six blocks in Hong Kong is most time-saving solution, two years after substandard steelwork halted construction.

Hong Kong economy

Northern Metropolis supply will not hit office sector, development chief says

Incoming supply in the megaproject is primarily for the I&T sector, Bernadette Linn tells lawmakers.

Construction progresses at a site in the Lok Ma Chau Loop. Photo: Silvia Siu
Hong Kong property

Hong Kong banks grow cautious on One Stanley mortgages amid investigation

Banks are taking a cautious approach to mortgages related to the luxury Hong Kong development, which faces building defect allegations.

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The Buildings Department has launched a probe into the building quality at One Stanley in Hong Kong’s Southern district, after receiving a complaint from an owner that insufficient steel bars were used during construction. Photo: Elson Li
Hong Kong society

24 luxury houses at One Stanley sold amid probe into alleged construction defects

Experts call for stronger homebuyer protections in Hong Kong, including mandatory period during which purchase contracts can be rescinded.

Hong Kong economy

Land sales offer only temporary relief for West Kowloon arts hub, experts warn

Property development cannot replace a sustainable long-term funding model for the West Kowloon Cultural District, experts say.

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Hong Kong property

Hong Kong land sale stuns market at 5-year high price of HK$4.3b

Kerry Properties wins Ho Man Tin plot at price 38 per cent above top market estimate, signalling confidence in luxury home demand.

The site on Fat Kwong Street in Ho Man Tin is near the MTR station and existing luxury projects. Photo: Google map
Hong Kong society

Random checks to be carried out at luxury Hong Kong estate for substandard work

Government will strengthen regulations and impose stiffer penalties to deter violations and uphold building standards, city leader says.

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In September, the Housing Authority found issues with concrete samples from three public housing blocks under construction in Tung Chung. Photo: Dickson Lee
Hong Kong society

Experts urge wider One Stanley checks, tighter paperwork after steel bar issue

One house in luxury development reportedly found to have up to 75 per cent fewer steel bars than specified in the approved building plans.

Hong Kong courts

My Take | Hong Kong must scrap housing plan and preserve golf course

Court ruling shows building housing on the Old Course makes no sense as city strives to become a leading host of international sporting events.

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