ABOUT US



Hong Kong Housing Society (“Housing Society”) was established in 1948 and is headquartered in Hong Kong. We are an independent, not-for-profit organisation established under the Chapter 1059 — Hong Kong Housing Society Incorporation Ordinance. Being the “housing laboratory” in Hong Kong, the Housing Society develops quality housing and provides property management services to address the ever-changing needs of people across different socio-economic backgrounds.

Our core businesses include property development, property management, elderly housing and care, and commercial leasing. The Housing Society operates on a self-financing basis. We take a prudent approach in monitoring the expenses in staffing, operations, property development and providing housing-related services to the community with the income generated by property sales, leasing, and investments. By managing our financial resources effectively, we are more resilient to market changes and ready for any unexpected risks and opportunities, maintaining a healthy and long-term sustainable growth.

BUSINESS PROFILE



Total number of employees 1,508*

*including permanent and contract staff

100 projects developed totalling over 74,664* units

*including rental estate projects that have been developed, demolished and redeveloped

Serving
117,382 residents in 20 rental estates and 22 other properties

Total income
HK$ 3,127 million

Total expenses
HK$ 2,671 million

Net surplus
HK$ 456 million

Net assets
HK$ 47.4 billion

CHAIRMAN AND CEO'S MESSAGE

2023/24 has been a truly meaningful and fruitful year for the Hong Kong Housing Society (“Housing Society”) as we embarked on a momentous journey to commemorate our 75th Anniversary milestone. Against the backdrop of the global focus on climate change and sustainability, the Housing Society is committed to integrating sustainable practices with the provision of diverse and affordable quality housing solutions, to create a better living environment for the people of Hong Kong.