Housing Authority sets rents for two new estates
The following is issued on behalf of the Hong Kong Housing Authority:
Rents for a total of 2 551 flats in four non-standard blocks of two new public rental housing (PRH) estates under the Hong Kong Housing Authority (HA) will be set at the best rent level for their respective districts. The best rent level of a respective district is expressed in terms of dollars per square metre of internal floor area and determined with reference to the location and comparable value of the estates concerned.
The best rent at $104.40 per square metre per month for the flats in Urban district will apply to 1 088 flats in Kin Yan House and Moon Yan House of Hiu Yan Estate.
The best rent at $74.00 per square metre per month for the flats in Sheung Shui district will apply to 1 463 flats in Fu Pak House and Kam Yuk House of Choi Shek Estate.
"Under this rent-fixing exercise, over 69 per cent of the flats are set at a rent level below $2,500 per month," a spokesman for the HA said today (September 24), adding that PRH rents, which are inclusive of rates, management fees and maintenance costs, are heavily subsidised.
"PRH applicants who are allocated new flats but cannot afford the rents may request refurbished flats at lower rents. They may also apply for assistance under the Rent Assistance Scheme for flats in older block types where applicable," the spokesman added.
Brussels ETO promotes Hong Kong's I&T sector with InvestHK at NEXUS Luxembourg 2026
The Hong Kong Economic and Trade Office in Brussels (Brussels ETO), participated in the NEXUS Luxembourg 2026 from June 10 to 11 (Luxembourg time) to showcase Hong Kong's vibrant innovation ecosystem in promoting the development of AI and technology. The promotion was carried out in collaboration with Invest Hong Kong (InvestHK).
Ms Shirley Yung, the Special Representative for Hong Kong Economic and Trade Affairs to the European Union, delivered a presentation at the event to introduce Hong Kong's dynamic innovation ecosystem, highlighting its unique strengths as a place for world-class research and talent, a global financial and fundraising hub, and a trusted international business environment.
She also mentioned the various recent Hong Kong Special Administrative Region Government policies that are conducive to the development of AI and technology, such as the AI+ strategy and the Finance+ strategy. "The Hong Kong Special Administrative Region Government has positioned AI as a focus of our I&T strategy, developing it as a core industry while also harnessing its potential as a powerful enabler to upgrade traditional sectors," she remarked. She also emphasised the huge potential of the innovation cluster in the Guangzhou-Hong Kong-Macao Greater Bay Area.
Nexus Luxembourg is Europe's leading AI and technology summit. The 2026 edition attracted approximately 10 000 attendees, featured 150 speakers, and over 250 startups from more than 50 countries. A dedicated Hong Kong booth was set up at the NEXUS Luxembourg, providing global attendees with information on investment and business opportunities in Hong Kong.
Brussels ETO promotes Hong Kong's I&T sector with InvestHK at NEXUS Luxembourg 2026 Source: HKSAR Government Press Releases
Brussels ETO promotes Hong Kong's I&T sector with InvestHK at NEXUS Luxembourg 2026 Source: HKSAR Government Press Releases
