[Ho Wing-yin: The Hong Kong SAR will basically solve the problem of inferior subdivided housing in housing by 2030] On September 19th, the Chief Executive of the Hong Kong SAR, Lee Ka-chiu, announced Hong Kong’s first five-year plan on September 16th and issued the 2026 policy address. A number of key SAR government officials held press conferences from September 17 to September 21 to elaborate on relevant measures in their policy areas in the five-year plan and policy address. The Secretary for Housing of the Hong Kong Special Administrative Region, Nicholas Ho, introduced the housing-related measures in the first Five-Year Plan and the Chief Executive's 2026 Policy Address. Ho Yong-hsien said that the first step is to clearly ban low-quality subdivided housing and basically solve the problem of low-quality subdivided housing in residential areas within 2030. Ho Yong-yin said that there is a very clear long-term housing strategy, which clearly outlines the "433" ratio: 40% is public rental housing, 30% is subsidized sale housing, and the remaining 30% is private housing. As you can see, in fact, "three plus three", that is, 60% of the proportion is home ownership, which is also a very clear direction. We will continue to take the lead in supply, make good use of public housing resources, encourage upward mobility, take good care of the housing ladder, and promote home ownership by young people. This is a multi-layered housing supply strategy. (Voice of the Greater Bay Area)