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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.
last updated:
9 September, 2024
The housing minister has shrugged off privacy concerns over the pilot scheme. Photo: Sam Tsang
Hong Kong society

Hong Kong to install door sensors for elderly in pilot scheme targeting safety

Housing minister announces initiative after elderly man found dead last week with his mentally disabled son unharmed next to him.

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Hong Kong

Hong Kong to consider easing proposed regulations on subdivided flats: minister

Hong Kong

Letters | Hong Kong must train its sights on middle-class housing woes

Hong Kong property

HSBC cuts rates on fixed mortgages in Hong Kong amid slumping sales

Other banks may follow with similar cuts to ease financing costs and help revive home sales.

Pedestrians pass an HSBC branch in Mong Kok on October 22, 2024. Photo: Nora Tam
Hong Kong property

NWD raises prices for Hong Kong flat sale amid ‘enthusiastic’ demand

Indebted developer bumps up prices for third batch of flats in State Pavilia project in North Point, which goes on sale on Saturday.

Architecture and design

How a 30-year-old Hong Kong flat became a French bistro-inspired haven

A Hong Kong couple, who are professionals in the financial sector, hired MAD Studio to turn their Mid-Levels home into a modern sanctuary.

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Hong Kong

Hong Kong groups, subdivided-flat tenants seek changes to proposed regulations

Public consultation on proposed regulatory system for subdivided flats ended on Monday.

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Sy Kiheo, his wife and son are sharing a 70 sq ft subdivided flat. Photo: May Tse
Architecture and design

How a Hong Kong film inspired the revival of 9 post-war buildings

The revitalised tenements blend heritage with modern use, thanks to community efforts and a nostalgic film’s influence.

Hong Kong economy

Are costs rising in Hong Kong? Inflation stays low but households say otherwise

Hongkongers bitten by higher prices have taken to shopping across the border or exchanging used items.

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Hong Kong property

Hong Kong’s NWD prices State Pavilia project in North Point at massive discount

Hong Kong developer, struggling with US$16 billion in debt, prices 88 units at HK$18,540 per square foot on average, an eight-year low for the area.

New World’s State Pavilia residential project is coming up on the site of the former State Theatre in North Point. Photo: Jelly Tse
Hong Kong property

Default of major developer could send shock waves through property market: S&P

‘Hong Kong’s residential property recovery may be slipping out of view,’ credit-rating agency says.

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A man passes a property agency in Mong Kok. Photo: Elson Li
Hong Kong

Hong Kong’s CY Leung, Centaline founder clash over housing supply projections

Agency head Shih Wing-ching says Leung’s criticism involving his firm amounts to ‘personal attack’.

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Hong Kong property

Hong Kong property sales hit 4-month low as tariffs, rate outlook rattle buyers

Deals involving residential and commercial properties and parking spaces fell in January as buyers braced for geopolitical tensions, slower rate cuts.

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Asia housing and property

The View | Why policy intervention in Hong Kong property can only go so far

Hong Kong’s property market is vulnerable to concerns about a hawkish Fed and mainland China’s recovery. Not so for Singapore’s domestically oriented market.

Property agents and potential buyers visit the sales office for a new residential development in Hong Kong’s Tuen Mun district, on February 1. Photo: Elson Li
Architecture and design

This ‘modern-rustic’ Hong Kong home was ahead of the 2025 design trend curve

A design-savvy couple created a cosy haven in Braemar Hill, using rich textures to enliven a neutral backdrop.

The modern-rustic Braemar Hill, Hong Kong, family flat designed by hoo is on point for many 2025 home interiors trends. Photo: hoo
Hong Kong property

SHKP’s Sai Sha project: can it be the next Taikoo Shing or Lohas Park?

Hong Kong’s biggest property developer is likely to launch the first batch of 781 flats in the Sai Sha project this quarter.

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Hong Kong society

Editorial | Community spaces are a welcome addition

They are good examples of how government, businesses and charities can join hands to build a more caring and inclusive community.

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Hong Kong property

Slow start for Hong Kong’s first property launch in Year of the Snake

Only 27 of the 133 units on offer at The Reserve at Gold Coast Bay in Tuen Mun were sold as of 8pm.

Property agents and potential buyers at the sales office of The Reserve on Saturday. Photo: Elson Li
Artificial intelligence

‘Luxury’ Hong Kong estate’s ‘human touch’ to be preserved with AI, expert help

Residents, NGOs at Wah Fu Estate will help pick special features to preserve or recreate during redevelopment, and which shops should remain.

Hong Kong property

Hong Kong’s December mortgages slump 21.1% on higher rates

Mortgage applications fell to 6,306 last month, the first decline since September, according to a statement by the Hong Kong Monetary Authority.

Hong Kong society

Editorial | Carrot and stick on public housing abuse in Hong Kong

Reward for whistle-blowers and tougher penalties for offenders simply common sense if Hong Kong is to solve it’s housing crisis.

Public housing under Lion Rock Mountain at Wong Tai Sin. The government has proposed amending the Housing Ordinance to tackle certain cases of abuse of public flats. Photo: Jelly Tse
Hong Kong economy

Hong Kong’s cash-strapped Urban Renewal Authority to adjust pace of projects

Speed of redevelopments to be reviewed to improve authority’s financial position, while property firms will be given more information on projects before tenders.

The authority will have to pay about HK$30 billion for acquisitions in the next few years for five government-approved developments, including the Nga Tsin Wai Road-Carpenter Road project in Kowloon City, according to managing director Wai Chi-sing. Photo: Yik Yeung-man
John Lee

Hong Kong leader vows to tackle housing issues; 2 community spaces to open

John Lee also says tenants can move into the first batch of light housing flats by March.

Hong Kong

Hong Kong minister dispels ‘lying flat’ concerns as rental flat applications drop

Applications for public housing among those under 30 have declined by 46 per cent from 16,000 in 2019-20 to 8,600 in 2023-24.

Hong Kong property

Hong Kong land sale to fetch around US$76 million amid developer caution

The New Territories site – the only residential plot offered in the previous quarter – has attracted bids from six developers.

An aerial view of Tai Wai, Sha Tin. Photo: Shutterstock
Hong Kong property

Hong Kong’s lived-in home prices complete third year of decline

Prices of second-hand homes fell in December, snapping a two-month rebound, and have dropped 27 per cent over the past three years.

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A woman walks past a property agency in South Horizons, Hong Kong. Photo: Eugene Lee
Hong Kong

Opinion | Hong Kong must beware of fallout in fixing public housing ills

Tighter limits, enforcement and penalties are steps in the right direction but careful implementation is vital to prevent unintended consequences.

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Hong Kong

Developers worried over risks in Hong Kong’s Northern Metropolis project

Authorities urged to bring forward infrastructure work to ensure sites’ development potential is met, reducing uncertainties for investors.

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