Surprisingly only 24% of Hong Kong is developed "built-up" area. The rest is mostly forested. This also means that despite the density being broadly equivalent to Singapore on that list, it is actually much more densely populated in the areas where people live and work.
Hong Kong has a mountainous topography. Of the total land area of 1,111 km 2, 24.3% (270 km2) is built-up area, with the remaining 75 .7% (841 km 2) being not-for-development or non-built-up area consisting mainly of country parks, wetland, reservoirs, fish ponds, etc
https://www.legco.gov.hk/yr17-18/english/panels/dev/papers/d...