Hong Kong’s housing secretary said measures in the first Five-Year Plan and the Chief Executive’s 2026 Policy Address aim to largely eliminate substandard subdivided flats within residential buildings by 2030. The long-term housing strategy sets a 4-3-3 supply mix — 40% public rental, 30% subsidised-sale and 30% private — implying a 60% owner-occupation target. Authorities will maintain a supply-led approach, optimise public housing resources, support upward mobility and the housing ladder, and

2026-09-19

Hong Kong’s housing secretary said measures in the first Five-Year Plan and the Chief Executive’s 2026 Policy Address aim to largely eliminate substandard subdivided flats within residential buildings by 2030. The long-term housing strategy sets a 4-3-3 supply mix — 40% public rental, 30% subsidised-sale and 30% private — implying a 60% owner-occupation target. Authorities will maintain a supply-led approach, optimise public housing resources, support upward mobility and the housing ladder, and prioritise youth homeownership as part of a multi-tier housing supply strategy.