{"id":111973,"date":"2019-10-29T11:00:07","date_gmt":"2019-10-29T04:00:07","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-needs-varied-approach-to-ease-housing-shortage-including-public-private-partnerships-lands-resumption-ordinance\/"},"modified":"2019-10-29T11:06:28","modified_gmt":"2019-10-29T04:06:28","slug":"hong-kong-needs-varied-approach-to-ease-housing-shortage-including-public-private-partnerships-lands-resumption-ordinance","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-needs-varied-approach-to-ease-housing-shortage-including-public-private-partnerships-lands-resumption-ordinance\/","title":{"rendered":"Hong Kong needs varied approach to ease housing shortage, including public-private partnerships, Lands Resumption Ordinance"},"content":{"rendered":"


\nHong Kong has the most expensive housing among developed countries and regions in the world. Based on statistics of the Census and Statistics Department, from March 2004 to now, there has been an increase of 67.2 per cent in the nominal wage. The price indices of private flats, on the other hand, have skyrocketed by 3.86 times over the same period, according to the Rating and Valuation Department. This implies real wages have hardly kept up with surging real-estate prices.Affordability aside,\u2026
\n
\nSource : South China Morning Post
\nRead more…Hong Kong needs varied approach to ease housing shortage, including public-private partnerships, Lands Resumption Ordinance<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong has the most expensive housing among developed countries and regions in the world....<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-111973","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-t81","jetpack-related-posts":[{"id":110991,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-hong-kongs-largest-developer-to-only-accept-lands-resumption-ordinance-for-plots-already-zoned-for-public-housing\/","url_meta":{"origin":111973,"position":0},"title":"Sun Hung Kai, Hong Kong\u2019s largest developer, to only accept Lands Resumption Ordinance for plots already zoned for public housing","date":"September 23, 2019","format":false,"excerpt":"\r Sun Hung Kai Properties, Hong Kong\u2019s largest developer by value, has said it will cooperate with the government should it use the Lands Resumption Ordinance to acquire rural land it owns, but only as far as land already zoned for public housing use was concerned.The developer has five to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122286,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-keeps-third-quarter-land-supply-steady-as-focus-shifts-to-carrie-lams-october-6-plan-to-ease-citys-housing-shortage\/","url_meta":{"origin":111973,"position":1},"title":"Hong Kong keeps third-quarter land supply steady as focus shifts to Carrie Lam\u2019s October 6 plan to ease city\u2019s housing shortage","date":"September 29, 2021","format":false,"excerpt":"\r Hong Kong\u2019s government will keep its fiscal third-quarter land sale plan the same as three months earlier, as it focuses the spotlight on the final policy address by Chief Executive Carrie Lam Cheng Yuet-ngor on October 6, when she is due to deliver a widely expected blueprint to boost\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":92416,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/will-public-private-partnership-approach-solve-housing-shortage-in-hong-kong\/","url_meta":{"origin":111973,"position":2},"title":"Will public-private partnership approach solve housing shortage in Hong Kong?","date":"June 26, 2018","format":false,"excerpt":"\r With land shortage plaguing Hong Kong, the Task Force on Land Supply launched a five-month public consultation to tackle the issue in late April. One of the options proposed by the Task Force is to adopt a public-private partnership (PPP) approach to release nearly 1,000 hectares of undeveloped private\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":96816,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developer-hkr-urges-government-allow-more-space-to-build-in-discovery-bay-to-help-ease-hong-kongs-housing-shortage\/","url_meta":{"origin":111973,"position":3},"title":"Developer HKR urges government: allow more space to build in Discovery Bay to help ease Hong Kong\u2019s housing shortage","date":"August 28, 2018","format":false,"excerpt":"\r HKR International, the developer behind Discovery Bay \u2013 the popular residential complex on Hong Kong\u2019s Lantau island \u2013 has challenged the government\u2019s allowable land-use density on the 650-hectare site, saying much of its nearby countryside is still way under used. Hong Kong currently faces a chronic shortage of available\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111083,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/henderson-offers-1-million-sq-ft-of-fanling-farmland-for-public-homes-saying-it-would-yield-to-any-seizure-by-hong-kongs-government-of-private-land\/","url_meta":{"origin":111973,"position":4},"title":"Henderson offers 1 million sq ft of Fanling farmland for public homes, saying it would yield to any seizure by Hong Kong\u2019s government of private land","date":"September 26, 2019","format":false,"excerpt":"\r Henderson Land Development, the third-biggest private landowner in Hong Kong, said it would yield to any government seizure of private land for public housing, a day after New World Development donated a fifth of its farmland reserves.\u201cWe will cooperate with the government if it invokes the Lands Resumption Ordinance\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":128551,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-tweaking-hong-kongs-compulsory-purchase-law-could-ease-its-housing-shortage\/","url_meta":{"origin":111973,"position":5},"title":"How tweaking Hong Kong\u2019s compulsory purchase law could ease its housing shortage","date":"August 9, 2022","format":false,"excerpt":"\r Housing problems have been causing Hong Kong people continued misgivings over the past few decades. Residents have suffered from either unaffordable prices for habitable residences, or increasing waiting times for public housing allocations.\r \r Source : South China Morning Post\r Read more...How tweaking Hong Kong\u2019s compulsory purchase law could\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/111973"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=111973"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/111973\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=111973"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=111973"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=111973"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}