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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]
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]
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 ...
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 ]
It was established in April 1973 under the Housing Ordinance and is an agency of the Government of Hong Kong. In the same year, the Resettlement Department and the Building Section of the Urban Services Department were merged to form the Housing Department , which acts as the Housing Authority's executive body.
A Temporary Housing Area (THA; Chinese: 臨時房屋區) is an area designated for people living in temporary houses made by wood frames and zinc plates in Hong Kong.The houses are built by the Hong Kong Government beginning in 1964 to replace wooden huts and squatter areas that began to emerge in the late 1940s and 1950s.
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