This photo shows a view of public housing in Hong Kong with cable cars traveling in the background, on Sept 20, 2020. (MAY JAMES / AFP)
The future of Hong Kong’s land and housing policy has become the focus of new Legislative Council members, who expressed confidence that they can help the special administrative region’s government resolve the issue.
Louis Loong, who won the seat for the Real Estate Functional Constituency, said in a written reply to China Daily that he will focus on helping the SAR government address the city’s land and housing problems after the successful LegCo elections on Sunday.
Louis Loong, who won the LegCo seat for the Real Estate Functional Constituency in Sunday's election, said in a written reply to China Daily that he will focus on helping the SAR government address the city’s land and housing problems
Loong is among the new lawmakers who want to prioritize resolving the SAR's housing problem. The shortage of land and homes is considered as one of the deep-seated problems in Hong Kong, with the city’s property prices among the highest in the world.
Loong said he also assist the government in harnessing the competitive advantages of the real estate and construction sector to capture the full development potential of Hong Kong’s proposed Northern Metropolis and the Guangdong-Hong Kong-Macao Greater Bay Area.
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“I will do all I can to rekindle the community spirit of solidarity of Hong Kong,” said Loong, the secretary-general of the Real Estate Developers Association of Hong Kong since 1999.
Before Loong’s victory in the election, the Real Estate Functional Constituency had been represented by Abraham Shek Lai-him for five consecutive terms.
Loong said that one issue troubling the industry was the rigid regulations and protracted approval regime that had obstructed development.
However, he added that there were promising signs recently that the administration was stepping up efforts to address these problems.
Now that the election is over, Loong said he is looking forward to using his years of experience in the industry to assist the government in resolving land and housing problems and building a harmonious society.
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