Wait time for Hong Kong public rental flat still at 5.3 years, applications drop

Wait time for Hong Kong public rental flat still at 5.3 years, applications drop

Housing Authority says figures for first quarter due to new supply and higher turnover of homes, with 4,700 applicants allocated flats.

The Housing Authority said that as of the end of March this year, the average waiting time for general applicants who were arranged to live in public housing in the past 12 months remained at 5.3 years; the average waiting time for elderly single applicants fell by 0.1 year from the previous quarter to 3.3 years. The authority said that the average waiting time for public housing remained at 5.3 years, mainly because...