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Hong Kong's housing crisis long blamed on land shortage, but are other factors at play?

Project delays, focus on luxury flats by city’s rail giant, which is allowed to develop land above and around stations, have caused concernUrban Renewal Authority, meanwhile, producing just 700 flats a year, while government bureaus sometimes find themselves at cross purposes ....

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Hong Kong's housing crisis: Soaring prices put flats beyond reach, while queue to rent keeps growing longer

In the first of a three-part series on Hong Kong’s housing crisis, the Post examines why demand outstrips supply, leaving Hongkongers unable to afford their own homes. Airport worker Wong Ng is aware that Beijing wants Hong Kong to get rid of all tiny, substandard homes by 2049. That ambitious goal is cold comfort for the permanent resident who has. ....

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Hong Kong-on-Thames lies in not-too-distant future


BreakingviewsHong Kong-on-Thames lies in not-too-distant future
Karen Kwok
7 minute read
A picture is taken in Convoys Wharf, a riverside site in Deptford in London, Britain, February 14, 2021.
On the south bank of the River Thames in London, halfway between London Bridge and Greenwich, is a plot of land that has been deserted for about 15 years. A heavily guarded fence is the only clue for passing pedestrians that the derelict 17-hectare site is potentially valuable. If all goes to plan, however, it could soon become a high-profile symbol of Hong Kong’s growing influence in the British capital.
For CK Asset (1113.HK), the plot known as Convoys Wharf is a long-term bet. The $22 billion property group founded by Li Ka-shing, Hong Kong’s best-known tycoon, spent years fighting for approvals to build homes there after purchasing the former Royal Navy base for 100 million pounds in 2005. Permission came through last July, just as Prime Minister Boris John ....

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