The unity of the Hong Kong Foundation, founded by former Hong Kong Chief Executive Dong Jianhua, published a Hong Kong Foundation on Thursday (May 2), which was published in Hong Kong's housing trend navigation report on Thursday (May 2nd), showing that the average waiting time of Hong Kong public housing is expected to fall to four and a half years.
Comprehensive Sing Tao Daily and the Internet media "Hong Kong 01" reported that Liang Yaohao, director of the Senior Researcher Land and Housing Research of Hong Kong Fund, pointed out that looking forward to the next five years, Hong Kong has an average of about 35,000 public housing units in Hong Kong.The goal of 30,800 units exceeding the long -term housing policy.The main reasons include 2023/24 years of public housing completion delay rates dropped significantly to 2%, plus 30,000 minimalist public housing units will be completed one after another.
Liang Yaohao predicts that the comprehensive waiting time for Hong Kong's public housing is expected to fall from the current 5.8 years to 4.5 years in 2026/27, but all sectors of society can still not relax.If it happens, the comprehensive waiting time for public housing will drop slightly to 5.2 years.
As for private housing, Ye Wenqi, vice president of Hong Kong Fund, said that private residential supply in the next five years will be "high and then low."Looking forward to 2024 to 2028, an average of about 1,9100 private residential units was completed each year, and the number of completion was concentrated in the first two years, with an average of more than 20,000 units, and then gradually dropped to 15,000 to 17,000 units per year.
The Hong Kong Housing Committee announced in March this year that as of the latest public housing waiting time at the end of December last year, the average waiting time for applicants was 5.8 years, an increase of 0.2 years over the previous quarter.This is mainly affected by factors such as engineering delays.
