{"id":122962,"date":"2021-11-02T11:00:11","date_gmt":"2021-11-02T04:00:11","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-hong-kong-must-do-to-solve-the-citys-perennial-housing-and-land-shortage-problems\/"},"modified":"2021-11-02T12:04:56","modified_gmt":"2021-11-02T05:04:56","slug":"what-hong-kong-must-do-to-solve-the-citys-perennial-housing-and-land-shortage-problems","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-hong-kong-must-do-to-solve-the-citys-perennial-housing-and-land-shortage-problems\/","title":{"rendered":"What Hong Kong must do to solve the city\u2019s perennial housing and land shortage problems"},"content":{"rendered":"<p>&#013;<br \/>\nChief Executive Carrie Lam Cheng Yuet-ngor in her final policy address on October 6 highlighted measures to tackle Hong Kong\u2019s housing and land shortages.She introduced and outlined the Northern Metropolis development strategy, with the aim of creating more land resources for residential, IT and other uses over the next 20 years. However, infrastructure provisions in remote areas may constrain development in the proposed hub. On top of that, the current plot ratio is set as low as 0.2, posing\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3154495\/what-hong-kong-must-do-solve-citys-perennial-housing-and-land-shortage?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">What Hong Kong must do to solve the city\u2019s perennial housing and land shortage problems<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Chief Executive Carrie Lam Cheng Yuet-ngor in her final policy address on October 6 highlighted&#46;&#46;&#46;<\/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-122962","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-vZg","jetpack-related-posts":[{"id":92416,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/will-public-private-partnership-approach-solve-housing-shortage-in-hong-kong\/","url_meta":{"origin":122962,"position":0},"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 &quot;Property News&quot;","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":122962,"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":105199,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-is-building-an-80-billion-artificial-island-to-fix-its-housing-shortage\/","url_meta":{"origin":122962,"position":2},"title":"Hong Kong is building an $80 billion artificial island to fix its housing shortage","date":"March 20, 2019","format":false,"excerpt":"\r Secretary for Development Michael Wong said in a speech Tuesday that around 1,000 hectares of land would be constructed to deal with Hong Kong's \"serious shortage of land supply.\"\r \r Source : cnbc.com\r Read more...Hong Kong is building an billion artificial island to fix its housing shortage","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":95033,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/land-reclamation-is-key-to-solving-hong-kongs-housing-woes-says-tycoon-ronnie-chan\/","url_meta":{"origin":122962,"position":3},"title":"Land reclamation is key to solving Hong Kong\u2019s housing woes, says tycoon Ronnie Chan","date":"July 30, 2018","format":false,"excerpt":"\r Land reclamation is the key to tackling the housing crisis that has made Hong Kong the world\u2019s most expensive property market, according to tycoon Ronnie Chan Chi-chung. \u201cOtherwise, it will be difficult to solve the land shortage problem in Hong Kong,\u201d he said after his company Hang Lung Properties\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":50868,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/heres-where-we-can-find-the-land-to-help-solve-housing-crisis\/","url_meta":{"origin":122962,"position":4},"title":"Here\u2019s where we can find the land to help solve housing crisis","date":"April 4, 2017","format":false,"excerpt":"\r Property prices in Hong Kong have again scaled new heights, demonstrating conclusively that regulatory constraints do not work. The scale of the shortage can be surmised by the gap in cumulative family formation numbers and new housing units completed over the past 20 years. The cumulative number of marriages\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111054,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-world-development-donates-3-million-square-feet-of-farmland-to-ease-hong-kongs-housing-crisis\/","url_meta":{"origin":122962,"position":5},"title":"New World Development donates 3 million square feet of farmland to ease Hong Kong\u2019s housing crisis","date":"September 25, 2019","format":false,"excerpt":"\r New World Development said it will donate 3 million square feet of farmland for public and social housing development in Hong Kong.Adrian Cheng Chi-kong, executive vice-chairman and general manager at New World Development said the donation was aimed at alleviating the serious shortage of land for housing that has\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/122962"}],"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=122962"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/122962\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=122962"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=122962"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=122962"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}