Supply of new homes in Hong Kong to remain tight in 2013

The supply of new private housing is expected to remain tight this year, property experts say, although the number of flats on which construction began or was completed rose last year.

Figures from the Transport and Housing Bureau yesterday show construction started on 18,600 new flats last year, the most since 2000 and an 80 per cent jump from 10,300 in 2011.

via Business feed http://www.scmp.com/business/article/1136312/supply-new-homes-hong-kong-remain-tight-2013