Topic
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.
Action, not just words, needed to to help members of city’s ethnic minority groups better integrate into society and enjoy education and career opportunities.
The real estate market is recovering slowly, but a big rebound is a distant hope with the Hong Kong Monetary Authority warning rates may stay high.
Recurrence of deadly blazes at old buildings calls for more proactive measures to prevent fires and find ways to make structures safe.
Large supply of homes due to come online soon in Hong Kong will, hopefully, help thwart the rise of a new generation of speculators.
- Garden duplexes, priced from HK$11.3 to HK$12.8 million, carry discounts of as much as 32 per cent
- #Lyos was at the vanguard of the proliferation of Hong Kong’s so-called nano flats, tiny units measuring less than 300 sq ft
Senior counsel for government says unfair for Hong Kong Golf Club to claim authorities failed to account for protected trees in environmental impact assessment for redevelopment of course.
Residents of The Sea Ranch on Lantau Island estate clash with subsidiary of state-owned China Communications Construction Company over use of property to house imported workers.
Housing Authority says figure for first quarter of 2024 for families and elderly households down 0.1 years from 5.8 years recorded in previous quarter.
Source says firm to consider withdrawing its land exchange applications for border project unless negotiation time for premium extended and commercial sites reduced.
Senior Counsel Benjamin Yu, club’s representative in legal challenge, says environmental report failed to properly assess site’s ecological value or address public concerns.
The value of mortgage insurance rose to HK$13.71 billion (US$1.75 billion) in April, the most since HK$16.07 billion in June last year, data from mortgage broker mReferral shows.
More than half of middle-income households in Hong Kong believe house prices are poised to rally now that all of the restrictions in the market have been scrapped, according to a survey by Citibank.
Mainland Chinese buyers account for anywhere from 30 per cent up to 80 per cent of the sales in some recent launches, agents say, raising hopes that their buying power will bring price stability to the market.
‘We are entering the harvest season this year for the Housing Bureau’s efforts to push transitional housing projects,’ Secretary for Housing Winnie Ho says.
Hong Kong’s property transactions came close to a three-year high in April, with 9,880 units changing hands according to official data, as the removal of cooling measures continued to boost demand.
Our Hong Kong Foundation think tank expects government will meet public housing supply goal as an average of 35,000 flats set to be completed annually over next five years.
Hongkongers are less willing to buy homes amid price increases at new launches by developers, analysts said after Great Eagle Holdings announced a new higher price list for another 150 units at its Onmantin project on Monday.
Buoyed by the brisk sales of flats following the removal of Hong Kong’s property cooling measures, the city’s developers have this year launched 4,800 new units as of last week, a seven-year high.
All 260 flats on offer at Onmantin were already on Saturday after the project received 7,500 orders from prospective buyers.
Secretary for Housing Winnie Ho says projects represent 96 per cent of government’s target to complete 30,000 light public flats by 2026-27 financial year.
Prices of second-hand homes have increased for the first time in almost a year as the recent removal of cooling measures gave a much-needed boost to the beleaguered property market.
Development minister Bernadette Linn says ‘modular integrated construction’ method may help to offset predicted manpower shortfall for building sector.
Programme funded by Jockey Club aims to pull households out of poverty by improving financial literacy, career prospects.
Authorities will build 2,700 public flats at site, with historical Man Fat Nunnery to be preserved.
The Post examines green groups’ concerns about San Tin Technopole ahead of crucial meeting of government environmental advisers on Monday.
Property agents have raised sales forecasts for the year amid project launches at discounted prices, but say a lack of a rate cut could pare those estimates.
Administration plans to provide 30,000 temporary homes by 2027-28 for families waiting at least three years for public housing.
Development chief Bernadette Linn Hon-ho reveals plan after city leader pledges to review enforcement priorities for buildings failing to comply with fire safety orders.
Conservation groups say report on environmental impact of San Tin Technopole project contains inaccurate information and may be subject to legal challenges.
Environmental Protection Department says pilot scheme may soon be extended to private estates with fewer than 1,000 households.
