Page 8 - PowerPoint Presentation

Manifestation of supply shortfall:

Rising property prices and shrinking living space

Private housing price index vs. per capita living space for private housing resident

29 June 2018
210 Centa-City Leading Index (LHS) Per Capita Living Space for Private Housing (RHS) [1] Chief Executive 220
Carrie Lam
introduced six
housing policies
22 February 2013
190 Introduction of Double 19 May 2017
Stamp Duty; Mortgage tightening
mortgage tightening
27 February 2015
27 October 2012
215
170 x further tightening on Special Mortgage tightening Mortgage relaxation for
Introduction of Buyer's
16 October 2019
Stamp Duty;
Index (1997=100) 150 Introduction of Special 14 September, 2012 210 Square feet
first-timers
Stamp Duty
10 June 2011
Mortgage tightening
130
19 November 2010
Mortgage tightening
Stamp Duty;
mortgage tightening
110
13 August 2010 x
Mortgage tightening
90 23 October 2009 x 205
Mortgage tightening

70

50 200
2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Note: [1] Average living space is calculated as average unit size divided by average number of persons per unit.
Sources: Centaline, Hong Kong Monetary Authority, Transport and Housing Bureau, Census and Statistics Department, and Our Hong Kong Foundation. 8