{"id":102572,"date":"2018-12-28T18:00:00","date_gmt":"2018-12-28T11:00:00","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/government-fails-to-reach-land-supply-target-as-only-13850-flats-to-be-created-official-says\/"},"modified":"2018-12-28T19:06:30","modified_gmt":"2018-12-28T12:06:30","slug":"government-fails-to-reach-land-supply-target-as-only-13850-flats-to-be-created-official-says","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/government-fails-to-reach-land-supply-target-as-only-13850-flats-to-be-created-official-says\/","title":{"rendered":"Government fails to reach land supply target, as only 13,850 flats to be created, official says"},"content":{"rendered":"<p>&#013;<br \/>\nHong Kong\u2019s private housing land supply has failed to meet the government\u2019s 2018 to 2019 target, even as the number of private homes supplied by the tenders is at a high level, according to a senior government official on Friday.<\/p>\n<p>\u201cThe housing market is going through correction, but we will not slow land supply due to the home price change. We are uncertain whether it will be short-term or long-term,\u201d said Michael Wong, the Secretary for Development.<\/p>\n<p>The government&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/2179899\/government-fails-reach-land-supply-target-only-13850-flats-be-created\" target=\"_blank\">Government fails to reach land supply target, as only 13,850 flats to be created, official says<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Hong Kong\u2019s private housing land supply has failed to meet the government\u2019s 2018 to 2019&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-102572","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-qGo","jetpack-related-posts":[{"id":45342,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-land-supply-for-private-flats-likely-to-exceed-target-again-in-2017-18\/","url_meta":{"origin":102572,"position":0},"title":"Hong Kong\u2019s land supply for private flats likely to exceed target again in 2017-18","date":"February 23, 2017","format":false,"excerpt":"\r 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\u2019s plan to sell 28 plots of land for private housing in 2017-18 is expected to provide almost\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":45346,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-land-supply-for-private-flats-likely-to-exceed-target-again-in-2017-18-2\/","url_meta":{"origin":102572,"position":1},"title":"Hong Kong\u2019s land supply for private flats likely to exceed target again in 2017-18","date":"February 24, 2017","format":false,"excerpt":"\r The land supply for private housing is expected to be sufficient to build almost 32,000 flats in 2017-18, the SCMP reports.\r \r Source : cnbc.com\r Read more...Hong Kong\u2019s land supply for private flats likely to exceed target again in 2017-18","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":74800,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-government-to-slow-land-sales-as-it-exceeds-annual-target-for-supply-of-new-flats\/","url_meta":{"origin":102572,"position":2},"title":"Hong Kong government to slow land sales as it exceeds annual target for supply of new flats","date":"December 18, 2017","format":false,"excerpt":"\r Hong Kong\u2019s government will slow the release of land for tender in the coming three months as it has exceeded its target for the supply of new flats this year by 35 per cent, the development secretary said on Monday. Michael Wong said the government provided land for 24,300\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":67774,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-government-exceeds-annual-private-housing-target-with-six-months-to-spare\/","url_meta":{"origin":102572,"position":3},"title":"Hong Kong government exceeds annual private housing target with six months to spare","date":"September 29, 2017","format":false,"excerpt":"\r Hong Kong\u2019s government has exceeded its annual target of supplying 18,000 new private homes \u2013 with six months to spare. It provided land for 18,260 units in the six months from April to September, the first half of the current financial year, according to figures revealed on Friday. That\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114812,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/far-more-flats-are-needed-than-are-planned-in-the-hong-kong-governments-long-term-housing-strategy\/","url_meta":{"origin":102572,"position":4},"title":"Far more flats are needed than are planned in the Hong Kong government\u2019s long-term housing strategy","date":"March 10, 2020","format":false,"excerpt":"\r According to a Hong Kong government report last year on long-term housing strategy, the target for total housing supply in the next 10 years has been adjusted down from 450,000 to 430,000 units. The number of private houses within this will fall from 135,000 to 129,000 units.\r\rIn other words,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124024,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-government-sets-minimum-size-of-280-square-feet-for-flats-increases-land-supply-in-bid-to-tame-sky-high-house-prices\/","url_meta":{"origin":102572,"position":5},"title":"Hong Kong government sets minimum size of 280 square feet for flats, increases land supply in bid to tame sky-high house prices","date":"December 30, 2021","format":false,"excerpt":"\r Hong Kong\u2019s government set a larger-than-expected minimum size for the city\u2019s new homes and increased the supply of residential land to a four-year high, as the authorities announced a new housing strategy to tackle one of the most intractable socioeconomic issues in the world\u2019s least affordable city.The tiniest living\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/102572"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=102572"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/102572\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=102572"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=102572"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=102572"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}