Hong Kong public rental housing wait edges up to 4.8 years, urban allocations rise

The composite waiting time for general applicants for long- and short-term subsidised public rental housing in Hong Kong has edged up slightly to 4.8 years at the end of June, authorities have said, adding that a higher proportion of coveted homes in urban areas was allocated in the second quarter. Despite an increase in the “composite” figure, which includes temporary flats under the light public housing initiative, the Housing Bureau said on Thursday that the average waiting time for general...