Hong Kong » Rental Market

It is the Government's policy to provide public rental housing to families in genuine need who cannot afford private rental accommodation.

The public rental housing programme is a major social achievement. At the end of 2003, about 2.1 million people lived in public rental housing estates managed by the Hong Kong Housing Authority and Hong Kong Housing Society.

The stock at that time was 689 450 flats. Public housing tenants pay, on average, 48% of the market rent for the flats in which they live.