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Newest Report.pdf

LandHousing_Report_E_May23.pdf
Preview of Newest Report
🔗 Source: ourhkfoundation.org.hk
📊 Size: 14.15 MB
📄 Pages: 140 pages
⬇️ Downloads: 127

Summary

Hong Kong faces a chronic land and housing supply shortage, with rising property prices and long public housing waiting lists. Recent efforts to boost supply have paid off, with private housing completions expected to remain high over the next five years, but a supply chasm is expected beyond that. Public housing completions are also expected to increase, but the pace of production has been slow. Average flat sizes are anticipated to fall, and a sustainable solution lies in the major supply boost from the New Development Areas (NDAs). Expediting land and housing supply initiatives, including streamlining development procedures, is crucial to resolving the housing conundrum.

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Description

Hong Kong faces a chronic land and housing supply shortage, with rising property prices and long public housing waiting lists.

Technical Information

  • File Format: PDF
  • File Size: 14.15 MB
  • Pages: 140
  • Language: EN
  • Total Downloads: 127
  • Last Updated: 1 week ago

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