Property News · December 4, 2018

Can Hong Kong’s transitional housing scheme help Hongkongers own a home?


The Hong Kong government announced in its policy address in October that a new industrial building revitalisation scheme will be launched. It will give the green light to the conversion of industrial buildings to transitional housing premises without requiring a waiver fee to be paid. On November 26, the Town Planning Board announced that transitional housing, coordinated by a task force under the Transport and Housing Bureau, will be allowed in wholesale-converted industrial buildings for no…

Source : South China Morning Post
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