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A CBRE report from 2019 lists Hong Kong as having the highest average property price in the world. [20] As of June 2021, an average 500 sqft apartment cost HK$9.44 million in Hong Kong Island, HK$8.32 million in Kowloon, and HK$7 million in New Territories; an average family would have to save for about 20.7 years to pay for such a unit. [21]
The Home Ownership Scheme (HOS) is a subsidised-sale public housing programme managed by the Hong Kong Housing Authority.It was instituted in the late 1970s as part of the government policy for public housing with two aims – to encourage better-off tenants of rental flats to vacate those flats for re-allocation to families in greater housing need; and also to provide an opportunity for home ...
Private housing estate is a term used in Hong Kong for private mass housing—a housing estate built by a private developer, as opposed to a public housing estate built by the Hong Kong Housing Authority or the Hong Kong Housing Society. It is usually characterised by a cluster of high-rise buildings, with its own market or shopping mall.
39 Conduit Road is a luxury residential property situated in Conduit Road in western mid-Levels of Hong Kong. It was developed by Henderson Land Development.. Soon after the development was launched in October 2009, the developer claimed to have sold a five-bedroom duplex flat, on the "68th floor" of the 46-story building for HK$439 million (US$57m).
Telford Gardens (often referred to as "Telford Garden") is a private housing estate located above the MTR Kowloon Bay Depot and alongside Kowloon Bay station in Kowloon Bay, Kowloon, Hong Kong. It was jointly built by Hang Lung Properties and Hopewell Holdings, and Telford Plaza II was built by New World Development.
Chelsea Court (Chinese: 爵悅庭) is a private housing estate in Yeung Uk Road, Tsuen Wan, New Territories, Hong Kong, which was developed by Sun Hung Kai Properties in 2005. [1] Formerly Swire Cola Factory, it has two towers of 45 and 54 floors, offering 1,624 serviced apartments, overlooking the Tai Mo Shan and Rambler Channel. [2]
According to 2012 estimates by Barclays Capital, Sun Hung Kai, Cheung Kong and Henderson Land Development together provide an estimated 54 percent of the 20,398 private housing units to be launched in Hong Kong as at 2012. [10] Hong Kong-based consolidated turnover figures and reference periods in parentheses. ('Interim' indicates 6 months ...
Flat-for-Sale/Rental 1991 7 1,776 HK Housing Society Cheung Ching Estate 長青邨 Public 1977-83 2024 10 5,270 Cheung Fat Estate 長發邨 TPS 1989 4 2,067 Cheung Hang Estate 長亨邨 Public 1990, 1994, 1995 6 4,689 Cheung Hong Estate 長康邨 Public 1979-86 13 8,559 Cheung On Estate: 長安邨 TPS 1987-89 10 7,338 Cheung Wang Estate 長宏邨
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