{"id":45824,"date":"2017-02-28T15:03:46","date_gmt":"2017-02-28T08:03:46","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/small-flats-cannot-solve-the-long-term-housing-needs-of-hong-kong\/"},"modified":"2017-02-28T15:13:33","modified_gmt":"2017-02-28T08:13:33","slug":"small-flats-cannot-solve-the-long-term-housing-needs-of-hong-kong","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/small-flats-cannot-solve-the-long-term-housing-needs-of-hong-kong\/","title":{"rendered":"Small flats cannot solve the long-term housing needs of Hong Kong"},"content":{"rendered":"


\nDevelopers in Hong Kong have always been very responsive to market changes. Building smaller residential flats is one of their recent reactions to market trend, but it is dubious that building too small flats is a sustainable way to satisfy the long-term housing needs.
\nThe Census and Statistics Department projected that average household size would decrease from 2.9 to 2.7 persons in the 30 years following 2014. The projection was based on the demographic trends of increase in never marriage…
\n
\nSource : South China Morning Post
\nRead more…Small flats cannot solve the long-term housing needs of Hong Kong<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Developers in Hong Kong have always been very responsive to market changes. Building smaller residential...<\/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-45824","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-bV6","jetpack-related-posts":[{"id":114812,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/far-more-flats-are-needed-than-are-planned-in-the-hong-kong-governments-long-term-housing-strategy\/","url_meta":{"origin":45824,"position":0},"title":"Far more flats are needed than are planned in the Hong Kong government\u2019s long-term housing strategy","date":"March 10, 2020","format":false,"excerpt":"\r According 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.\r\rIn other words,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":35268,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/one-million-flats-needed-to-meet-growing-demand-in-hong-kong-by-2046\/","url_meta":{"origin":45824,"position":1},"title":"One million flats needed to meet growing demand in Hong Kong by 2046","date":"November 21, 2016","format":false,"excerpt":"\r Hong Kong will need one million flats in the next three decades to accommodate household growth, non-locals and displacement caused by redevelopment projects, according to a long-term land planning report issued by the government. The report, released as a supplement to the 2030 Plus long-term strategy for planning and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":68734,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-do-even-small-flats-have-a-500000-down-payment-in-hong-kong\/","url_meta":{"origin":45824,"position":2},"title":"Why do even small flats have a $500,000 down payment in Hong Kong?","date":"October 11, 2017","format":false,"excerpt":"\r Hong Kong's sky-high housing prices are a result of government policy with supply having dropped up to 65 percent from the long-term average, says Peter Churchouse of the Churchouse Letter.\r \r Source : cnbc.com\r Read more...Why do even small flats have a 0,000 down payment in Hong Kong?","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":127530,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/typhoon-dampens-property-investor-spirits-as-few-flats-in-new-hong-kong-housing-project-find-buyers\/","url_meta":{"origin":45824,"position":3},"title":"Typhoon dampens property investor spirits as few flats in new Hong Kong housing project find buyers","date":"July 3, 2022","format":false,"excerpt":"\r Hong Kong investors cooled on the property market over the weekend, when a typhoon delayed home sales, with only a fraction of the 72 flats at the Grand Jet\u00e9 in Tuen Mun being picked up.\r \r Source : South China Morning Post\r Read more...Typhoon dampens property investor spirits as\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":45824,"position":4},"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":[]},{"id":135542,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-homebuyers-spurn-latest-batch-of-flats-in-kai-tak-after-temporary-housing-plan-at-former-airport-unveiled\/","url_meta":{"origin":45824,"position":5},"title":"Hong Kong homebuyers spurn latest batch of flats in Kai Tak after temporary housing plan at former airport unveiled","date":"March 17, 2023","format":false,"excerpt":"\r Hong Kong homebuyers steered clear of 111 flats on offer at Wheelock Properties \u2019s development at Kai Tak, the first project to be launched there since the government announced plans to build temporary housing units on the site of the city\u2019s former airport.\r \r Source : South China Morning\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\/45824"}],"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=45824"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/45824\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=45824"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=45824"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=45824"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}