The Financial Secretary of the Hong Kong Special Administrative Region delivered the 2026–27 Budget on February 25, 2026, outlining a series of measures related to aligning with the National 15th Five-Year Plan, enhancing industry development, attracting talent, residents’ wellbeing, land and housing, and public finance policies. Initiatives related to the real estate sector include:
- Adopting the public-private partnership (PPP) approach to develop the Northern Metropolis
- Keeping commercial land sales on hold
- Increasing stamp duty on luxury residential transactions
- Stabilizing housing and land supply, and providing land for around 22,000 new homes next year
Cushman & Wakefield believes that the above policies and measures can help diversify Hong Kong's economic portfolio, inject vitality into the market, support employment, and better meet local housing demands.
