Property News · September 14, 2017

Sun Hung Kai next to get behind Hong Kong’s new subsidised starter homes scheme


Sun Hung Kai Properties (SHKP), Hong Kong’s largest developer by value, said it has identified three possible sites suitable for building affordable housing under a new government-subsidised scheme to help young, first-time buyers.
That makes it the second homebuilder in the world’s most expensive city to get behind the “Starter Homes” initiative, which is due to be fleshed out in a policy address next month.
“After the chief executive [of Hong Kong] announces the…

Source : South China Morning Post
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