{"id":122375,"date":"2021-10-05T11:01:16","date_gmt":"2021-10-05T04:01:16","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-needs-bold-land-supply-initiatives-to-underpin-next-growth-phase-into-a-smart-city\/"},"modified":"2021-10-05T11:17:55","modified_gmt":"2021-10-05T04:17:55","slug":"hong-kong-needs-bold-land-supply-initiatives-to-underpin-next-growth-phase-into-a-smart-city","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-needs-bold-land-supply-initiatives-to-underpin-next-growth-phase-into-a-smart-city\/","title":{"rendered":"Hong Kong needs bold land-supply initiatives to underpin next growth phase into a smart city"},"content":{"rendered":"


\nSky-high office rents, and the dichotomy that US$100 million houses can coexist alongside tiny nano flats. Such is life in Hong Kong, where real estate prices make it one of the most expensive places in the world to live in and do business.How did we get there? High business operating expenses and living costs are driven by the dire shortage of land in Hong Kong. The problem is more obvious in the housing market. To address the issue, the government announced in the 2021-22 Budget a plan for\u2026
\n
\nSource : South China Morning Post
\nRead more…Hong Kong needs bold land-supply initiatives to underpin next growth phase into a smart city<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Sky-high office rents, and the dichotomy that US$100 million houses can coexist alongside tiny nano...<\/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-122375","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-vPN","jetpack-related-posts":[{"id":171622,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-clear-stock-amid-strong-demand-and-shrinking-supply\/","url_meta":{"origin":122375,"position":0},"title":"Hong Kong developers clear stock amid strong demand and shrinking supply","date":"April 25, 2026","format":false,"excerpt":"\r Hong Kong developers released nearly 300 new flats to the market amid enthusiastic demand from potential homebuyers as the latest official data show completion of private residential units is set to decline this year and next. By 6pm, all 218 units at the One Victoria Cove Phase I in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102588,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/without-sufficient-land-supply-can-hong-kong-maintain-its-status-as-a-data-centre-hub\/","url_meta":{"origin":122375,"position":1},"title":"Without sufficient land supply, can Hong Kong maintain its status as a data centre hub?","date":"December 29, 2018","format":false,"excerpt":"\r Land scarcity is a major threat to Hong Kong\u2019s booming data centre industry and its status as a regional hub, according to Sunevision Holdings, the technology arm of Sun Hung Kai Properties. The city\u2019s data centre market is projected to increase from US$705.5 million in 2016 to US$1.5 billion\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":14090,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/greater-pearl-river-delta-infrastructure-to-alleviate-hong-kong-tight-land-supply\/","url_meta":{"origin":122375,"position":2},"title":"Greater Pearl River Delta infrastructure to alleviate Hong Kong tight land supply","date":"May 23, 2016","format":false,"excerpt":"\r A number of key cross-broder infrastructure projects currently under development will cut the travel time between Hong Kong and neighbouring cities like Shenzhen and Guangzhou, enhancing the feasibility of corporations expansion their back office operations in these major\r \r Source : South China Morning Post\r Read more...Greater Pearl River\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":23845,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-sino-land-reports-flat-earnings-growth\/","url_meta":{"origin":122375,"position":3},"title":"Hong Kong developer Sino Land reports flat earnings growth","date":"August 24, 2016","format":false,"excerpt":"\r Hong Kong developer Sino Land reported 0.9 per cent growth in underlying e\r \r Source : South China Morning Post\r Read more...Hong Kong developer Sino Land reports flat earnings growth","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":122375,"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":104687,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-government-must-consider-all-possible-options-to-address-long-term-land-supply\/","url_meta":{"origin":122375,"position":5},"title":"Hong Kong government must consider all possible options to address long-term land supply","date":"March 5, 2019","format":false,"excerpt":"\r The Hong Kong government recently accepted the recommendations proposed by the Task Force on Land Supply, providing eight options and strategy, which it considers worthy of further studies and implementation.\r\rThese options \u2013 three short-to-medium term and five medium-to-long term \u2013 can provide 3,225 hectares of land in total. The\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\/122375"}],"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=122375"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/122375\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=122375"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=122375"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=122375"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}