Hong Kong’s government set a larger-than-expected minimum size for the city’s new homes and increased the supply of residential land to a four-year high, as the authorities announced a new housing strategy to tackle one of the most intractable socioeconomic issues in the world’s least affordable city.The tiniest living space built on government land must not be smaller than 280 square feet (26 square metres), Secretary for Development Michael Wong Wai-lun said at a press briefing, adding that…
Source : South China Morning Post
Read more…Hong Kong government sets minimum size of 280 square feet for flats, increases land supply in bid to tame sky-high house prices
