New home project from Hong Kong government
The Hong Kong government launched a new project to for low-income families.The first houses within the scope of the project were put on sale.
Goverment’a aim to provide low-income people be landlords. People who want to get home can apply next month. “Start home” in Kowloon.
The initiative will “accommodate a very small portion of those wanting to get on the housing ladder”, said Mr Denis Ma, head of research at Jones Lang LaSalle.
Hong Kong goverment another at programme saw more than 260.000 applications for 4.431.
Home ownership has tumbled to the lowest level in nearly 30 years ın Hong Kong.
According to Centaline Property Agency “despite a dip in the past four months, Hong Kong’s home prices are almost 50 per cent higher than five years ago.
Sevdenur Demir / realestatecoulisse.com
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