Property News · February 28, 2017

Small flats cannot solve the long-term housing needs of Hong Kong


Developers in Hong Kong have always been very responsive to market changes. Building smaller residential flats is one of their recent reactions to market trend, but it is dubious that building too small flats is a sustainable way to satisfy the long-term housing needs.
The Census and Statistics Department projected that average household size would decrease from 2.9 to 2.7 persons in the 30 years following 2014. The projection was based on the demographic trends of increase in never marriage…

Source : South China Morning Post
Read more…Small flats cannot solve the long-term housing needs of Hong Kong

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