A residential site, originally earmarked for a pilot scheme allowing private developers to build subsidised homes, will be allocated to Hong Kong’s second-largest public housing provider, marking the latest setback for a venture aimed at boosting the supply of affordable flats. The government said on Tuesday that the site in Tung Chung, originally designated for…
Hong Kong’s primary residential home sales in 2026 are forecast to again reach decade-high numbers, as developers continue to clear inventory and homebuyers focus more on small, low-cost flats. Transactions next year were projected to reach about 21,000, while total home sales were expected to climb to around 71,000, up 8 per cent from this…
Hong Kong housing authorities will sell more than 9,700 new subsidised flats sized at least 280 sq ft under two separate schemes next year at prices as low as HK$1.5 million (US$193,000), the Post has learned. Insiders said on Wednesday that the Housing Authority, the city’s main public housing provider, would offer 9,783 new subsidised…
Hong Kong’s property market is expected to extend its gradual recovery into the end of the year, supported by improving sentiment, rising rental yields and firmer demand in the mass-market segment, according to property analysts. The latest mortgage and resale data suggest that buyers are returning following rate cuts and stamp-duty adjustments earlier this year,…
Hong Kong is ramping up efforts to develop driverless vehicle services by launching a trial at Cyberport and expanding an initiative at the West Kowloon arts hub following road tests in other areas. The Transport Department said on Thursday that mainland Chinese tech giant Baidu was also interested in applying to test autonomous vehicles in…
The average waiting time for a Hong Kong public rental flat increased slightly to 5.4 years in the second quarter of 2025 from 5.3 years in the first three months of the year despite a significant drop in the number of applications, according to the Housing Authority. The authority, the city’s largest public housing provider,…
Hong Kong’s rail giant the MTR Corporation has suspended foundation works for the overhead cable at its Oyster Bay station project on Lantau Island due to signs of “upheaving”. The government said on Thursday that movement was recorded at the site two days earlier, prompting staff from the Buildings Department and the Electrical and Mechanical…
The launch of a scheme allowing Guangdong residents to drive their own vehicles to Hong Kong has been delayed until December, as mainland Chinese authorities are still ironing out arrangements for the policy, the Post has learned. The “Southbound Travel for Guangdong Vehicles” scheme, which has been the subject of discussion for several years, was…
Autonomous driving still has more doubters than backers in Hong Kong, but the city is now taking steps that could get more people on board with the technology. Trial runs set for the next five months are worth supporting to develop driverless services. After allowing passenger trials on routes within the airport island, the government…