{"id":124024,"date":"2021-12-30T17:41:16","date_gmt":"2021-12-30T10:41:16","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-government-sets-minimum-size-of-280-square-feet-for-flats-increases-land-supply-in-bid-to-tame-sky-high-house-prices\/"},"modified":"2021-12-30T19:07:48","modified_gmt":"2021-12-30T12:07:48","slug":"hong-kong-government-sets-minimum-size-of-280-square-feet-for-flats-increases-land-supply-in-bid-to-tame-sky-high-house-prices","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-government-sets-minimum-size-of-280-square-feet-for-flats-increases-land-supply-in-bid-to-tame-sky-high-house-prices\/","title":{"rendered":"Hong Kong government sets minimum size of 280 square feet for flats, increases land supply in bid to tame sky-high house prices"},"content":{"rendered":"


\nHong Kong\u2019s government set a larger-than-expected minimum size for the city\u2019s new homes and increased the supply of residential land to a four-year high, as the authorities announced a new housing strategy to tackle one of the most intractable socioeconomic issues in the world\u2019s least affordable city.The tiniest living space built on government land must not be smaller than 280 square feet (26 square metres), Secretary for Development Michael Wong Wai-lun said at a press briefing, adding that\u2026
\n
\nSource : South China Morning Post
\nRead more…Hong Kong government sets minimum size of 280 square feet for flats, increases land supply in bid to tame sky-high house prices<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong\u2019s government set a larger-than-expected minimum size for the city\u2019s new homes and increased...<\/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-124024","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-wgo","jetpack-related-posts":[{"id":124034,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-blight-of-nano-flats-will-withstand-minimum-size-rule-as-affordability-remains-the-top-barrier-in-the-worlds-priciest-city\/","url_meta":{"origin":124024,"position":0},"title":"Hong Kong\u2019s blight of nano flats will withstand minimum-size rule as affordability remains the top barrier in the world\u2019s priciest city","date":"December 31, 2021","format":false,"excerpt":"\r Hong Kong\u2019s notoriously tiny flats are likely to endure and withstand the minimum size ordered by the city authorities, as affordability remains the biggest challenge for many first-home buyers struggling to get on the first rung of the property ladder.The 280-square feet (26 square metres) minimum stipulated this week\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104401,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-liaison-office-increases-its-hong-kong-property-portfolio-to-more-than-280-flats-after-its-latest-purchase\/","url_meta":{"origin":124024,"position":1},"title":"China liaison office increases its Hong Kong property portfolio to more than 280 flats after its latest purchase","date":"February 26, 2019","format":false,"excerpt":"\r The Chinese government\u2019s liaison office in Hong Kong, which is exempted from stamp duties, has increased its property portfolio in the city to more than 280 flats, following its latest acquisition of 20 apartment units in Kwun Tong.The office, using an investment vehicle called Newman Investment, had paid HK$247.53\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":97452,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tiny-just-got-a-little-bit-bigger-as-hong-kong-developer-ups-the-minimum-living-space-in-its-flats\/","url_meta":{"origin":124024,"position":2},"title":"Tiny just got a little bit bigger as Hong Kong developer ups the minimum living space in its flats","date":"September 7, 2018","format":false,"excerpt":"\r Hong Kong\u2019s Urban Renewal Authority (URA) will start to build bigger flats in its new projects, taking the lead in trying to lift living standards in a city where dwelling space is ever shrinking and the price of it ever rising. The body, a semi-government entity that works with\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":94903,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shkp-applies-to-double-the-size-of-a-hong-kong-residential-project-to-boost-supply-of-homes\/","url_meta":{"origin":124024,"position":3},"title":"SHKP applies to double the size of a Hong Kong residential project to boost supply of homes","date":"July 27, 2018","format":false,"excerpt":"\r The supply of new homes in Hong Kong may get a boost if an application by developer Sun Hung Kai Properties (SHKP) to almost double the number of flats at its proposed housing project in Sai Kung and to cut unit sizes by 39 per cent is approved. SHKP\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":43075,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/demand-for-hong-kong-flats-appears-to-defy-cooling-measures\/","url_meta":{"origin":124024,"position":4},"title":"Demand for Hong Kong flats appears to defy cooling measures","date":"February 6, 2017","format":false,"excerpt":"\r Hong Kong\u2019s residential property sector appears to be defying the government\u2019s best efforts to cool the market, as home prices continue to hit new highs. China Overseas Land & Investment said a 1,606 square-foot unit at Kai Tak, site of the city\u2019s former airport, sold for HK$48.19 million, or\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111375,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-plans-to-increase-supply-of-flats-by-56-per-cent-at-yuen-long-cheung-sha-wan-residential-projects\/","url_meta":{"origin":124024,"position":5},"title":"Sun Hung Kai plans to increase supply of flats by 56 per cent at Yuen Long, Cheung Sha Wan residential projects","date":"October 5, 2019","format":false,"excerpt":"\r Sun Hung Kai Properties (SHKP) has filed an application with the Hong Kong government to increase the capacity of two residential projects by a combined 56 per cent, as the government struggles to increase land supply.In its application to the Town Planning Board on Friday, SHKP said it plans\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\/124024"}],"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=124024"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/124024\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=124024"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=124024"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=124024"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}