Gov’t to provide 5 sites for 1,850 flats

Gov’t to provide 5 sites for 1,850 flats

The Government will sell by tender five residential sites in the July-September quarter.

The sites are on Lantau Island, at the Peak, in Tuen Mun and two in Kai Tak.

Secretary for Development Michael Wong said they will provide about 1,850 flats.

Including projects at Ho Man Tin MTR Station, the total estimated number of flats provided in the quarter will be 2,750.

Mr Wong said, as announced by the Chief Executive earlier, some private sites will be reallocated for public housing to meet demand.

“While the pool of available sites to be rolled out for private housing in the short term will be reduced after the reallocation of some private housing sites for public housing development, the Government will, taking into account other land supply sources and market conditions, continue to put up for sale suitable private housing sites in the remaining two quarters to meet the annual target of providing land with a capacity to produce about 18,000 private units.”

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