Hong Kong Housing Society raises public housing rent by 2.85%
Rent for public housing under the Hong Kong Housing Society (HKHS) will increase by 2.85 per cent from October. The HKHS said in a statement on Tuesday that the new rent will be effective from October 1 this year to September 30, 2028. For rental units falling into Group A, which caters to low-income families, […]
Public housing rents in Hong Kong administered by the Hong Kong Housing Society (HKHS) will rise by 2.85 per cent starting October. Prosperous Garden in Yau Ma Tei is one of the affected areas. The new rent will apply from October 1, 2025, to September 30, 2028.
Households in Group A, designed for low-income families, will see an average increase of HK$73 per month. Those with Group B units, catering to higher-income families, will face a monthly rise of HK$200. New estates completed in the last two years, such as Yue Ying Lau, Eminence Tower 1, Sierra Tower, and Avis Tower (Tower 1), will maintain current rents.
The HKHS, one of two providers of public rental housing in Hong Kong, manages over 32,600 units across 20 estates. The other provider, the Housing Authority, oversees 830,000 units in 195 estates. Last month, the Housing Authority increased its rent by 2.04 per cent, effective October 1 for the next two years.
The rent hike for 2025 is notably lower than the 10 per cent increase in 2024. However, the initial three months of this year's hike were waived for most households. Approximately 30 per cent of Hong Kong's population resides in public rental housing. Chief Executive John Lee highlighted housing as a priority in his 2022 inaugural policy address.
Written by urgent.news from Hong Kong Free Press's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
