One building in new Hong Kong housing estates could be set aside for elderly, surveyors say

The time has come for the Hong Kong government to launch a housing scheme for the elderly to deal with a rapidly ageing middle-class population, the city’s surveyors have said.

The Hong Kong Institute of Surveyors proposed that officials begin requiring private developers to set aside a building for the elderly in some new residential estates in exchange for waivers to land premiums or other incentives.

The idea was put forward in a policy report released by the institute on…

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