{"id":114812,"date":"2020-03-10T11:07:25","date_gmt":"2020-03-10T04:07:25","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/far-more-flats-are-needed-than-are-planned-in-the-hong-kong-governments-long-term-housing-strategy\/"},"modified":"2020-03-10T12:11:15","modified_gmt":"2020-03-10T05:11:15","slug":"far-more-flats-are-needed-than-are-planned-in-the-hong-kong-governments-long-term-housing-strategy","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/far-more-flats-are-needed-than-are-planned-in-the-hong-kong-governments-long-term-housing-strategy\/","title":{"rendered":"Far more flats are needed than are planned in the Hong Kong government\u2019s long-term housing strategy"},"content":{"rendered":"


\nAccording to a Hong Kong government report last year on long-term housing strategy, the target for total housing supply in the next 10 years has been adjusted down from 450,000 to 430,000 units. The number of private houses within this will fall from 135,000 to 129,000 units. In other words, the supply of private residential units in the coming decade will be roughly 13,000 per year. This is undoubtedly bad news for many Hongkongers, who have set home ownership as one of their lifetime goals\u2026
\n
\nSource : South China Morning Post
\nRead more…Far more flats are needed than are planned in the Hong Kong government\u2019s long-term housing strategy<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

According to a Hong Kong government report last year on long-term housing strategy, the target...<\/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-114812","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-tRO","jetpack-related-posts":[{"id":100715,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-to-build-larger-flats-as-tiny-homes-lose-appeal-amid-increasing-public-housing-supply\/","url_meta":{"origin":114812,"position":0},"title":"Hong Kong developers to build larger flats as tiny homes lose appeal amid increasing public housing supply","date":"October 31, 2018","format":false,"excerpt":"\r Hong Kong developers are having to rethink their approach to tiny flats, as the strategy of building low-priced homes no bigger than a car park space is being squeezed by the government\u2019s commitment to increase the supply of public housing, according to commercial real estate service provider JLL. During\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":101406,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-reports-the-worst-sales-weekend-in-years-as-private-launches-fail-to-keep-up-with-governments-discounted-housing\/","url_meta":{"origin":114812,"position":1},"title":"Hong Kong reports the worst sales weekend in years as private launches fail to keep up with government\u2019s discounted housing","date":"November 17, 2018","format":false,"excerpt":"\r Hong Kong\u2019s residential property market reported its worst sales weekend in years, as the wind was taken out of the sails of two private project launches by a government offer of discounted housing for first-home buyers. The Reach Summit project in Yuen Long, jointly built by Henderson Land Development\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":78039,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-housing-starts-fall-by-one-third-in-2017-but-no-supply-shortage-seen\/","url_meta":{"origin":114812,"position":2},"title":"Hong Kong housing starts fall by one third in 2017, but no supply shortage seen","date":"January 26, 2018","format":false,"excerpt":"\r The number of private flats on which construction began in Hong Kong last year fell one third from 2016, according to the latest government data, but analysts said the city was not facing a sharp decline in supply as properties released in the past few years and inventory held\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171150,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developers-roll-out-360-flats-at-2-hong-kong-projects-amid-improving-sentiment\/","url_meta":{"origin":114812,"position":3},"title":"Developers roll out 360 flats at 2 Hong Kong projects amid improving sentiment","date":"March 14, 2026","format":false,"excerpt":"\r Developers launched 360 flats across two projects in Hong Kong on Saturday, as builders continued to test buyer demand amid improving housing sentiment and expectations that future supply could tighten. The launches included 160 units at Zendo House in Tsim Sha Tsui, developed by Chinachem Group, and 200 units\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117286,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/can-hong-kong-increase-its-housing-supply-through-the-land-sharing-pilot-scheme\/","url_meta":{"origin":114812,"position":4},"title":"Can Hong Kong increase its housing supply through the Land Sharing Pilot Scheme?","date":"June 23, 2020","format":false,"excerpt":"\r A part of the government\u2019s short to medium-term strategy to ease the land and housing demand in Hong Kong, the Land Sharing Pilot Scheme can potentially unlock 150 hectares of land by changing land zoning and incentivising landowners by providing them with more than four times the plot ratio\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121625,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tenancy-control-on-subdivided-flats-a-step-forward-not-long-term-solution-to-hong-kongs-housing-crisis\/","url_meta":{"origin":114812,"position":5},"title":"Tenancy control on subdivided flats: a step forward, not long-term solution to Hong Kong\u2019s housing crisis","date":"August 24, 2021","format":false,"excerpt":"\r Housing crisis has long been a pressing issue for Hong Kong, one of the most expensive property markets in the world.Amid a lack of affordable housing, the waiting time for public rental housing is 5.8 years on average. Many low-income households therefore have no choice but to live in\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\/114812"}],"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=114812"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/114812\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=114812"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=114812"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=114812"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}