The housing strategy in Hong Kong is presently defined, co- ordinated and checked by the Secretary for Transport and Housing. The Government declared the Long Term Housing Strategy. It has three significant vital bearings, to give more open rental lodging units, to give more sponsored deal pads and house buying, and to balance out the private property market through consistent land supply.
The Government will keep on endeavoring to build housing supply, prior to arriving at the drawn-out objective of housing supply. The private area has a significant job to carry out in gathering the housing g needs of the local area. The Government’s approach targets keeping up with the sound improvement of the property market. In view of the overheated property market in recent years owing to severe housing demand-supply imbalance.