Hong Kong Chief Executive Mr. John Lee Ka-chiu delivered the fourth Policy Address of his term of office on Sept. 17, 2025, with the theme of Deepening Reforms for Our People and Leveraging Our Strengths for a Brighter Future aiming to strive for a vibrant economy, pursue development, and improve people’s livelihoods.
We are pleased to see that, in the Policy Address, the government has actively pursued reform and accelerated administrative efficiencies by removing barriers and easing restrictions. Initiatives such as establishing a Heads of Department Accountability System, adopting innovative land policies, enriching the housing ladder, and forming the Committee on Development of the Northern Metropolis, demonstrate the government’s determination to deepen reforms. While expediting the development of the Northern Metropolis (NM), the government is also fostering synergies across education, technology, and talent attraction, as well as the development of culture, sports and tourism. Specific measures have been highlighted in areas including youth home ownership, educational resources, and talent recruitment.
In this special report, we summarize the real estate-related policies in the 2025 Policy Address, share our house views, and propose recommendations on current issues.
