HongKong’sresidents,alreadyaccustomedtoexpensive,crowdedspaces,learntanewtermin2016-thenanoflat,apartmentsthatmeasurelessthan200sqft(18.5squaremeters),including
Hong Kong’s land realities call for a radical approach, but is anyone willing to take on the vested interests?
Flats being sold as part of a subsidised scheme are set go for HK$940,000 when they are offered up to public housing tenants next month.
Buyers will pay between HK$1.49 million and HK$3.27 million for homes in Sha Tin and Tin Shui Wai, but housing expert says prices could come down
The Hong Kong Special Administrative Region government announced Tuesday its new long- term housing strategy -- supplying 480,000 new flats over the next decade, 10,000 more than its previous plan.
Singapore's National Development Minister Khaw Boon Wan said that the government has been ramping up the supply of public housing flats since 2011, but this could slow down after 2015 to prevent a glut in the market.
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