The American Chamber of Commerce in Hong Kong is one of the largest American Chambers outside the US, the largest international chamber in Hong Kong and the most dynamic and influential international business organization in the Asia-Pacific region.
AmCham's "2024 HK Residential Outlook" is scheduled for 5 pm on February 29th – just one day after the Hong Kong Budget announcement. (Will HK's Financial Secretary, Paul Chan, have any incentives to spur a recovery in the sector?!)
This event will gather industry experts to discuss the current and future dynamics of private and social housing in Hong Kong, with a particular focus on government policy implications and emerging niche areas such as talent housing.
Hong Kong hosts the world's largest social housing sector, with 30% of its population living in state-run rentals. The housing crisis persists, with the average waiting time for a public housing unit being 5.6 years. Is it simply a problem of insufficient supply, or are there more fundamental flaws in the current system?
In the midst of a slow economy and a stagnant private housing market, what are the latest government policies for the next move? How is the supply and inventory of unsold/new units faring? With the talent and youth schemes in Hong Kong, will this niche talent housing market bring new opportunities to stakeholders with the support of government initiatives?
• Enjoy a cozy discussion close to the speakers with a beer or a glass of wine in hand.
• Feel free to jump in with questions in the middle of the presentation; we encourage instant interactions before you forget your questions!
Vice President and Co-Head of Research at Our Hong Kong Foundation
Executive Director, Head of Research, Hong Kong; Head of Business Development Services, Hong Kong at Cushman & Wakefield
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