Hong Kong to build 16,000 transitional homes by mid-2023, city’s housing chief says

Nov 6, 2021 | INVESTING

Hong Kong will be able to build 16,000 transitional homes by mid-2023, the city’s housing chief has revealed, accounting for 80 per cent of such flats the government has promised to provide.Secretary for Transport and Housing Frank Chan Fan delivered an interim progress report on Saturday at a government forum dedicated to the new form of affordable accommodation, which was mooted three years ago to ease the housing shortage in the short term.“Up until now, almost 2,000 transitional housing…

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