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Hong Kong keeps third-quarter land supply steady as focus shifts to Carrie Lam’s October 6 plan to ease city’s housing shortage


Hong Kong’s government will keep its fiscal third-quarter land sale plan the same as three months earlier, as it focuses the spotlight on the final policy address by Chief Executive Carrie Lam Cheng Yuet-ngor on October 6, when she is due to deliver a widely expected blueprint to boost land supply and alleviate the city’s housing shortage.The government, which typically releases land from its reserves for developers to build homes, plans to sell a residential plot in Tai Po, and a parcel on…

Source : South China Morning Post
Read more…Hong Kong keeps third-quarter land supply steady as focus shifts to Carrie Lam’s October 6 plan to ease city’s housing shortage

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