Mainland Chinese buyers account for anywhere from 30 per cent up to 80 per cent of the sales in some recent launches, agents say, raising hopes that their buying power will bring price stability to the market.

‘We are entering the harvest season this year for the Housing Bureau’s efforts to push transitional housing projects,’ Secretary for Housing Winnie Ho says.

Hong Kong’s property transactions came close to a three-year high in April, with 9,880 units changing hands according to official data, as the removal of cooling measures continued to boost demand.

Our Hong Kong Foundation think tank expects government will meet public housing supply goal as an average of 35,000 flats set to be completed annually over next five years.

Hongkongers are less willing to buy homes amid price increases at new launches by developers, analysts said after Great Eagle Holdings announced a new higher price list for another 150 units at its Onmantin project on Monday.

Buoyed by the brisk sales of flats following the removal of Hong Kong’s property cooling measures, the city’s developers have this year launched 4,800 new units as of last week, a seven-year high.

All 260 flats on offer at Onmantin were already on Saturday after the project received 7,500 orders from prospective buyers.

Secretary for Housing Winnie Ho says projects represent 96 per cent of government’s target to complete 30,000 light public flats by 2026-27 financial year.

Prices of second-hand homes have increased for the first time in almost a year as the recent removal of cooling measures gave a much-needed boost to the beleaguered property market.

Development minister Bernadette Linn says ‘modular integrated construction’ method may help to offset predicted manpower shortfall for building sector.

Programme funded by Jockey Club aims to pull households out of poverty by improving financial literacy, career prospects.

Authorities will build 2,700 public flats at site, with historical Man Fat Nunnery to be preserved.

The Post examines green groups’ concerns about San Tin Technopole ahead of crucial meeting of government environmental advisers on Monday.

Property agents have raised sales forecasts for the year amid project launches at discounted prices, but say a lack of a rate cut could pare those estimates.

Administration plans to provide 30,000 temporary homes by 2027-28 for families waiting at least three years for public housing.

Development chief Bernadette Linn Hon-ho reveals plan after city leader pledges to review enforcement priorities for buildings failing to comply with fire safety orders.

Conservation groups say report on environmental impact of San Tin Technopole project contains inaccurate information and may be subject to legal challenges.

Environmental Protection Department says pilot scheme may soon be extended to private estates with fewer than 1,000 households.

A total of 130, or 70 per cent, of the 184 units on offer were sold on Saturday, according to sales agents.

One-fifth of those buildings are located in Yau Tsim Mong, home to 60-year-old New Lucky House where blaze killed five and injured 43 others.

Buildings Department says fire safety orders issued in 2008, but owners’ corporation had still not met requirements.

Readers discuss the history of proposals for container terminals and roads on reclaimed land, how landlords can help shops attract patrons, and visitors from the mainland flocking to a prestigious local university.

Undersecretary for Housing Victor Tai argues that it is impractical for government to set rent levels for individual subdivided flats.