{"id":124765,"date":"2022-03-01T11:01:13","date_gmt":"2022-03-01T04:01:13","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/breaking-old-land-monopoly-in-hong-kong-to-resolve-the-citys-housing-crisis\/"},"modified":"2022-03-01T12:05:36","modified_gmt":"2022-03-01T05:05:36","slug":"breaking-old-land-monopoly-in-hong-kong-to-resolve-the-citys-housing-crisis","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/breaking-old-land-monopoly-in-hong-kong-to-resolve-the-citys-housing-crisis\/","title":{"rendered":"Breaking old land monopoly in Hong Kong to resolve the city\u2019s housing crisis"},"content":{"rendered":"


\nHong Kong\u2019s housing market has been the least affordable in the world for a decade, easily beating out London, New York, and San Francisco for this dubious distinction.Yet this housing crisis is a paradox of housing scarcity amid plenty of land. Only 3.8 per cent of Hong Kong\u2019s land is used for private (2.3 per cent) and public (1.5 per cent) residential uses, whereas 3.2 per cent is for \u201crural settlement\u201d and 1.5 per cent for warehouses and storage, not to mention 75 per cent has been used for\u2026
\n
\nSource : South China Morning Post
\nRead more…Breaking old land monopoly in Hong Kong to resolve the city\u2019s housing crisis<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong\u2019s housing market has been the least affordable in the world for a decade,...<\/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-124765","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-wsl","jetpack-related-posts":[{"id":102552,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-sells-third-housing-plot-on-disused-airport-runway-at-12-7-per-cent-discount-in-another-sign-of-property-market-woes\/","url_meta":{"origin":124765,"position":0},"title":"Hong Kong sells third housing plot on disused airport runway at 12.7 per cent discount, in another sign of property market woes","date":"December 27, 2018","format":false,"excerpt":"\r Hong Kong\u2019s government, which relies on land sales for a substantial part of its revenue, has sold its final residential plot for the year at a 12.7 per cent discount to market valuation, in a further sign of the city\u2019s cooling property market. Kai Tak Area 4B Site 2,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":39185,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-to-top-fiscal-2016-housing-supply-by-8-per-cent\/","url_meta":{"origin":124765,"position":1},"title":"Hong Kong to top fiscal 2016 housing supply by 8 per cent","date":"December 29, 2016","format":false,"excerpt":"\r Hong Kong\u2019s government is expected to add 19,460 apartment units to the city\u2019s housing supply for the 2016 fiscal year ending March 31, surpassing its target by 8 per cent, according to a city official. The government will sell two residential sites by tender in the fourth fiscal quarter,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":105215,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-henderson-land-k-wah-international-report-small-increases-in-profit-are-optimistic-about-2019\/","url_meta":{"origin":124765,"position":2},"title":"Hong Kong developers Henderson Land, K Wah International report small increases in profit, are optimistic about 2019","date":"March 21, 2019","format":false,"excerpt":"\r Hong Kong property developer Henderson Land Development, chaired by tycoon Lee Shau-kee, said on Wednesday profit attributable to its owners inched up by 1 per cent last year, while that of K Wah International, chaired by billionaire Lui Che-woo, rose by 3.6 per cent, in a reflection of Hong\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":169073,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-sino-land-and-great-eagle-secure-kowloon-site-for-us206-million\/","url_meta":{"origin":124765,"position":3},"title":"Hong Kong\u2019s Sino Land and Great Eagle secure Kowloon site for US$206 million","date":"January 7, 2026","format":false,"excerpt":"\r A joint venture between Sino Land and Great Eagle Holdings has won a government residential site tender in Kowloon for HK$1.61 billion (US$206 million), outbidding major Hong Kong developers as the city\u2019s housing market shows signs of stabilising. The purchase of the 41,226 sq ft site, which could yield\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111662,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/housing-policy-cushions-hong-kongs-property-slump-adding-us3-billion-to-wealth-of-citys-six-richest-real-estate-tycoons\/","url_meta":{"origin":124765,"position":4},"title":"Housing policy cushions Hong Kong\u2019s property slump, adding US$3 billion to wealth of city\u2019s six richest real estate tycoons","date":"October 17, 2019","format":false,"excerpt":"\r The Hong Kong government\u2019s relaxation of mortgage payment rules for the first time in nine years would help spur sales of lived-in homes by as much as 30 per cent in the quarter ending in December, putting a cushion under the slump in the city\u2019s real estate sales.In her\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171350,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-chinese-buyers-fuel-93-per-cent-surge-in-hong-kong-property-deal-value\/","url_meta":{"origin":124765,"position":5},"title":"Mainland Chinese buyers fuel 93 per cent surge in Hong Kong property deal value","date":"April 15, 2026","format":false,"excerpt":"\r Mainland buyers are playing an increasingly prominent role in Hong Kong\u2019s housing market rebound, supported by a stronger yuan, rising rents and an influx of new arrivals shifting from tenants to homeowners. Transactions involving mainland buyers rose 53 per cent year on year to 3,882 units across the primary\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\/124765"}],"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=124765"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/124765\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=124765"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=124765"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=124765"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}