As many as 10,000 new flats may become available for sale in the fourth quarter of this year in Hong Kong, after Carrie Lam Cheng Yuet-ngor, the city’s leader, unveils a widely expected blueprint for increasing land supply to alleviate a housing shortage in her last policy address on October 6.New residential projects will be launched after Lam’s annual speech, which “will definitely” focus on land and housing supply issues, said Sammy Po, the CEO of Midland Realty’s residential division.“There…
Source : South China Morning Post
Read more…Carrie Lam’s policy address could push Hong Kong developers to put 10,000 flats up for sale in fourth quarter
