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Housing Market
Living Conditions
Hong Kong Island is an island of only 76 sq. km. with much of that being mountainous
rock. Land for development here is at an absolute premium and must be utilized
to its fullest advantage. For this reason, in order to maximise the use of
the limited land area suitable for building, high-rise apartment blocks,
some over 40 storeys, are normal and low-rise developments or townhouses are
only built in areas which have height or zoning restrictions. Restricted
areas include Victoria Peak and land on the coastal side of the main south
island roads. The areas nearer to the main business district, including Mid-levels
and Happy Valley, are almost exclusive high-rise apartment living.
Kowloon and the New Territories are likewise divided into high-rise and low-rise areas.