Property News · August 13, 2021

Hong Kong’s housing crisis: how much of the blame for homes crunch lies with city’s property developers?


In the last of a three-part series on Hong Kong’s housing crisis, the Post looks at the city’s property developers and their role in the dire situation. Read part one here and part two here.Thousands of new high-rise homes have come on the market over the past two years in Tai Po, in the eastern corner of Hong Kong’s New Territories facing Tolo Harbour.In a city facing a housing crisis where demand far outstrips supply, a large number of completed flats have remained unsold in Pak Shek Kok,…

Source : South China Morning Post
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