Hong Kong government officials are under pressure to increase private residential supply in specific areas to accommodate a surge in non-local students. A recent Long Term Housing Strategy report indicates that the projected annual requirement for student housing has risen by 45 percent compared to previous estimates. Authorities now anticipate a need for 2,310 units annually over the next ten years. To address this growing demand, stakeholders are advocating for closer collaboration between the government and private property developers. The Housing Bureau formulated these updated projections based on consistent annual growth trends in the non-local student population, highlighting the urgent necessity for infrastructure adjustments to support the city's educational sector and housing market stability.
Source : South China Morning Post
Photo : South China Morning Post
Aussi couvert par : UzDaily
