In the Executive Committee meeting of The Real Estate Developers Association of Hong Kong (REDA) held today, members discussed a story reported by a foreign news agency of the alleged concerns of unnamed Mainland officials about Hong Kong’s housing problem. Members of the Executive Committee clarified that they had not heard of the subject of the story and neither had REDA.
As a member of the society, REDA has all along been paying care and attention to the livelihood and economic issues of Hong Kong including the land and housing supply problem. We have been working closely with the SAR Government and the various stakeholders to address these issues. Under the new political environment of good governance, REDA and its members will continue to support the SAR Government in increasing land and housing supply for the social and economic well being of Hong Kong.