Property News · December 29, 2016

Hong Kong to top fiscal 2016 housing supply by 8 per cent


Hong Kong’s government is expected to add 19,460 apartment units to the city’s housing supply for the 2016 fiscal year ending March 31, surpassing its target by 8 per cent, according to a city official.
The government will sell two residential sites by tender in the fourth fiscal quarter, adding 3,610 residential units into the pipeline, said the Secretary for Development Paul Chan, during a press briefing in the city.
Besides the residential sites, Hong Kong’s government will…

Source : South China Morning Post
Read more…Hong Kong to top fiscal 2016 housing supply by 8 per cent

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