After years of playing catch-up, Hong Kong can begin to look beyond the short term and make bolder plans for its public housing estates
The real transformation runs deeper than that headline figure. We have moved from a system that was playing catch-up to one that is steadily delivering volume. Traditional public housing completions have climbed to an expected average of around 35,000 and 45,700 units per year in the next five and 10 years, respectively, comfortably above the Long Term Housing Strategy (LTHS) targets.
All of this has given Hongkongers something rare these days: breathing room – the kind that lets us lift our gaze beyond the next quarter’s statistics. When we do, a different kind of opportunity comes into focus: a large number of our public housing estates are getting old.
Source: News - South China Morning Post
