Colliers REview

Wong Chuk Hang has developed rapidly supported by government initiatives and will become an area of commercial towers, upmarket residential developments, and shopping malls.

Land and home shortages are battleground issues for Hong Kong. Financial Secretary Paul Chan said recently that Hong Kong has enough land for development but planning processes need to be simplified to speed up the release of supply to tackle the housing crisis.

The megatrend of ageing populations is something that is challenging cities all over the world. It’s pressing nature means we’re facing a situation where we will soon have more people at extreme old age, than young people.