93K flats forecast for construction

93K flats forecast for construction

The projected private flat supply for the next three to four years is 93,000 units, unchanged from the previous estimate.

 The Transport & Housing Bureau today said there were 9,000 unsold units in completed projects at the end of September.

There were 66,000 units under construction, excluding those pre-sold by developers, and 18,000 units from disposed sites where construction can start any time.

The number of flats under construction in the third quarter was 1,900, while the number of units completed for the period was 6,400.

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