Housing director Rosanna Law says she is ‘not very worried’ about slowdown in subsidised homes market and highlights number of people ‘waiting in line’ for public flats.
Hong Kong residents with family members holding residence permits in Shenzhen are eligible for the first time for government-subsidised housing after authorities relaxed rules to help low-income families get on the property ladder.
In 2021, Hong Kong property developers tried to change their image by introducing environmental, social and corporate governance initiatives, such as social housing and other projects aimed at benefiting the wider society.