Research and Advisory Services
One of the key objectives of the ULI Asia Pacific Centre for Housing is to provide thought leadership and practical insights on housing production and affordability. The team conducts research and ULI Advisory Services projects on the trending topics and issues facing the industry and cities across the region.
In this section, explore our current and past research efforts as well as selected reports, which will represent the range of housing issues addressed through the Centre’s programme of work.
Recent Research and Publications
2023
Senior Housing: A Business Case for Investment in Hong Kong
Population ageing, one of the most significant global demographic trends of our time, has presented governments worldwide with unprecedented challenges and implications for how cities are built and organised. In response to this shift, this megatrend has created new real estate development opportunities and given rise to senior housing as a distinctive asset class. Developers and investors continue to delve into the trends and potential shifts in demand and property types required to serve the ageing population.
In partnership with the Chinachem Group, ULI Asia Pacific Centre for Housing has conducted a study on Senior Housing: A Business Case for Investment in Hong Kong. The report dives into vital topics such as market and demand, policies in Hong Kong and throughout the region, services and operating models, design implications, and financing strategies. Additionally, it includes case studies from other countries in Asia Pacific and Europe.
The report is available on Knowledge Finder here.
Read the Press Release here.
2023 ULI Asia Pacific Home Attainability Index
The 2023 ULI Asia Pacific Home Attainability Index report provides a high-level snapshot of the extent to which housing is attainable in cities in the Asia Pacific region. The report covers 45 cities in nine countries with a combined population of 3.5 billion or around 45% of the world’s total population, measuring home attainability for both home ownership and home rentals in relation to the median income of households.
The Index is available on Knowledge Finder here.
Read the Press Release here.
2022
Low-cost Rental Housing in Hong Kong – Technical Assistance Panel Report
Innovation in Hong Kong’s low-cost rental housing market may be used alleviate the challenges posed by subdivided housing units and other inadequate housing stock. This TAP aims to identify alternative private-sector solutions at a monthly rental of up to HKD 6,000, intending to shorten the public housing waiting list and provide better-quality living at low cost in the inner city. New small rental units at affordable prices in new- built and refurbished buildings in urban areas can fill the housing gap for low-priority queuers for public housing. It will not only create social goods for the greater community, it would also be a new asset class for institutional investors. It is expected that rental units like these will provide value to society, benefiting the community, government, and development companies through the creation of higher-quality housing, shorter public housing waiting lists, and shorter development cycles for asset enhancement in conversion projects.
The Report is available on Knowledge Finder here.
2022 ULI Asia Pacific Home Attainability Index
With the goal of supporting cities and members of the development community working to address longstanding home affordability challenges, ULI has conducted its pilot Home Attainability Index for Asia Pacific. The first edition covers 28 cities in five counties in the region, and it aims to provide information that will help identify gaps in home attainability, provide better context to understand residential markets, and, over time, enable city, regional and national comparisons to inform housing production, policy, and financing decisions.
The Index is available on Knowledge Finder here.