Latest government projection aims to balance social demand with private housing needs while encouraging residents to move up the ladder
Hong Kong aims to provide 420,000 homes with sufficient land supply over the next decade, maintaining a public-to-private housing ratio of 70:30, according to the latest government projections.
This was disclosed as the government released its annual progress report on the long-term housing strategy on Tuesday, revealing it had secured sufficient land to supply 419,100 flats.
The total housing supply target is set at 420,000 flats by 2036, including 294,000 for public housing and 126,000 for private housing, maintaining the 70:30 ratio first established by the authorities in 2018.
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