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Colliers Flash | A policy address to benefit the land and housing sectors

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The 2019 Policy Address focuses on new measures to assist young people getting on the property ladder by increasing the housing supply and raising the loan-tovalue ratio for eligible buyers, which Carrie Lam believes is a priority to ease the recent continuing demonstrations.

On 16 October, the Hong Kong’s Chief Executive delivered her third policy address against the backdrop of the ongoing local demonstrations, urging the city to end pessimism and rebuild with a can-do spirit. She also focused on the government’s mid-term vision for the housing and land policies, with an emphasis on public housing, assisting younger generations on the property ladder, exercising long-term land supply solutions, and encouraging the redevelopment of old properties. However, the policy address mentioned limited measures to support industries which have been affected by global and local issues, and presented a limited vision for some sectors.

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Colliers Flash | A policy address to benefit the land and housing sectors

Download Report