10-Year Housing Supply Forecast 2023

Executive Summary

The housing supply outlook has improved both in terms of quantity and quality with the new measures announced in the 2022 Policy Address. Nevertheless, its realisation hinges on resolving the challenges in the Northern Metropolis, which holds the key to long-term housing supply.

Public Housing Supply

Waiting Time Could Shorten subject to the Supply Target being Attained

Private Housing Supply

Positive Trend for the First Five Years but Tailing off in the Next

Decoding Market Dynamics

Changes in Market Preference with Reduced Attractiveness of Small-size Units