Download - Hong Kong Housing Profile
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Housing and Settlements
Hong Kong SAR Profile
May 2014
130600590
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Contents
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Hong Kong has transitioned from a high
growth phase to a low growth phase.
(World Population Review, 2014)
1. Introduction
1.1 Administration
1.2 Population and Demographics
H
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1.3 Economy 2
4 United Nations Department of Economic and Social Affairs
(2013) 5 Florida; Martin Prosperity Institute (2011)
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2. Housing Stock 2.1 Overview
3
2.2 Affordability
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3. Types of Housing (Please see appendix 1 for a more specific description of each individual house type)
3.1 Formal 6
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Hong Kong is a heaven to rich families a
hell to grass roots.
(Ho Lap College, 2013)
3.2 Informal 7
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Hong Kong aims to take a supply–led strategy with a focus on public housing
(Policy Address, 2014)
4. Market Shortfall
4.1 Present and Future Need
T
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5. Property Acquisition
5.1 Middle-to-High Income Households
5.2 Middle-Income Households
F
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5.3 Low-Income Households 11
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6. Case Study: Sham Shui Po
T
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6.1 Health and Wellbeing12
6.2 Sanitation and Ventilation
6.3 Safety
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6.4 Cost 13
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Finding an adequate amount of land to meet Hong Kong’s housing supply target
will involve making choices and accepting
trade-offs.
(Policy Address, 2014)
7. Barriers to Development 7.1 Land Availability
14
7.2 Maintaining Economic Growth
7.3 Upholding Liberal Principles
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In all markets Hong Kong is keen to uphold its “Big Market, Small
Government” principles.
(HK Government, 2012)
7.4 Interest Rates 15
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8. Conclusion
8.1 Suggestions for Improvement 16
T
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Appendix 1 Specific Description of House Types
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Bibliography
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