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Public housing in Hong Kong is a set of mass housing programmes through which the Government of Hong Kong provides affordable housing for lower-income residents. It is a major component of housing in Hong Kong , with nearly half of the population now residing in some form of public housing. [ 1 ]
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
They are Hong Kong Housing Authority (HKHA), Hong Kong Housing Society (HKHS), and Hong Kong Settlers Housing Corporation Limited. As of 31 March 2016, approx. ⅓ of Hong Kong's population (2.14 million) live in Hong Kong's public housing estates. 760,000 of those units were owned by HKHA [ 1 ] while 140,000 are HKHS [ 2 ] and 1,400 HK ...
It provides 484 flats of between 330 and 670 square feet each. Urban renewal in Hong Kong typically involves wholesale demolition of old urban districts and their replacement with high-end commercial and housing developments. Therefore, this project is intended to accommodate residents displaced by urban renewal projects. [10]
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 following is an overview of public housing estates in Yau Tong, Kwun Tong, Kowloon, Hong Kong, including Home Ownership Scheme (HOS), Private Sector Participation Scheme (PSPS), and Tenants Purchase Scheme (TPS) estates.