The land supply for private housing in the coming financial year is expected to be sufficient to build almost 32,000 flats, exceeding the government target for the fourth consecutive year.
The government’s plan to sell 28 plots of land for private housing in 2017-18 is expected to provide almost 19,000 flats, while the remainder will come from railway property, urban renewal and private redevelopment projects.
Although the total supply of 31,620 flats – the most since 2012-13…
Source : South China Morning Post
Read more…Hong Kong’s land supply for private flats likely to exceed target again in 2017-18
