WORLD FOCUS

City of shrinking homes: Hong Kong struggles to ease housing crisis

As developers race to build ever smaller homes, Hong Kong is struggling to ease its most pressing issue - housing

New: Gift this subscriber-only story to your friends and family

When it comes to high housing prices worldwide, Hong Kong reigns supreme. Now, it is poised to take the crown for coming up with some of the tiniest living spaces globally as well.

The rise of elfin units, typically under 200 sq ft each, comes amid a 23-month surge in property prices - the longest for a property bull market in 25 years.

Already a subscriber? 

Dive deeper at $0.99/month

Want more exclusives, sharp insights into what's happening at home and abroad? Subscribe to stay informed.

Unlock these benefits

  • All subscriber-only content on ST app and straitstimes.com

  • Easy access any time via ST app on 1 mobile device

  • 2-week e-paper archive so you never miss out on any topic that matters to you

Join ST's Telegram channel and get the latest breaking news delivered to you.

A version of this article appeared in the print edition of The Straits Times on April 24, 2018, with the headline City of shrinking homes: Hong Kong struggles to ease housing crisis. Subscribe