SUBSCRIBERS
'Prison-cell' flats show limits of housing policy
Published Tue, Jun 20, 2017 · 09:50 PM
Hong Kong
SOMETIME later this year, Hong Kongers may be able to pay for the privilege of living in apartments so small they're comparable to prison cells.
Then, a local developer is due to start signing tenants for a project in the Happy Valley district where most flats could have a "useable floor area" of about 61 sq ft, or 5.7 sq m, according to a pre-construction filing with the Buildings Department.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Evictions surge in Arizona with housing shortage and rising prices
China property shares firm after Politburo highlights clearing inventory
Dubai billionaire’s children plan to revive troubled world islands
UK commercial real estate lending plunges to lowest in a decade
Hybrid, flexible working set to curb Singapore office usage and rents
Australia home prices sustain growth in April, CoreLogic says