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, […]
The Hong Kong Housing Society (HKHS) announced a 2.85% increase in rent for public housing, effective October 1. Prosperous Garden in Yau Ma Tei is one of the affected estates. For low-income families in Group A units, the average monthly rent increase is approximately HK$73. Higher-income households in Group B units will see an average increase of HK$200 per month.
New estates completed in the past two years, such as Yue Ying Lau, Eminence Tower 1, Sierra Tower, and Avis Tower (Tower 1), will not experience rent changes. The HKHS manages over 20 estates housing 32,600 units. Another provider, the Housing Authority, raised rents by 2.04% last month, also starting October 1 for two years. This year's rent hike is lower than the 10% increase in 2024, but most households saw rent increases waived for the first three months.
Around 30% of Hong Kong's population resides in public rental housing. Housing Chief Executive John Lee emphasized that addressing Hong Kong's housing issue is a top priority.
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.
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