Affected by factors such as engineering delays, the average waiting time of Hong Kong public housing has increased to 5.8 years.
Comprehensive Ming Daily and Sing Tao Daily reported that the Hong Kong Housing Committee announced on Wednesday (March 6) that the latest public housing waiting time as of the end of December last year. The average waiting time for applicants is 5.8 years, and0.2 years over the previous quarter.The average waiting time for older single applicants has also increased by 0.1 to 4 years.
The Housing Committee pointed out that the average waiting time in the fourth quarter of last year rose. The main reason was that the public housing production was low last year. Due to the low number of mixing units in the first three quarters, the average waiting in the next few quarters was waiting in the next few quarters.Time will continue to reflect this situation.
The Housing Committee said that due to a deadly industrial accident in September 2022, the relevant public housing projects were delayed.Among them, 819 units, Lao Yao Village, which is expanded in the urban area. The dates of the entry are extended from the original expected third quarter to the fourth quarter, and the waiting time has increased.In addition, Fu Die Village, which is involved in 6776 units and located in the New Territories, should be joined in the fourth quarter of last year. Affected by the delay of the project, it only began to join the first quarter this year.
However, the housing committee said that the average waiting time for the public housing was unchanged, and the confidence fell to 4.5 years in 2026/27 years.
The average waiting time of Hong Kong public housing depends on a number of factors, including the number of public housing units available for distribution, the number of applicants, and the selected area.