Subdivided flat

Hong Kong to eliminate 'shoebox' flats

Published by Hurriyet on Wed, 10/16/2024 - 09:33

his aerial photo taken on October 14, 2024 shows apartment blocks in Tung Chung on Lantau Island in Hong Kong. (Photo by Peter PARKS / AFP)

Hong Kong leader John Lee rolled out plans on Wednesday to ban flats under eight square meters and cut import tax on spirits in a bid to ease a long-term housing crunch and boost the city's sluggish economy.