Two sites to provide 1,350 flats

Two sites to provide 1,350 flats

The Government will sell by tender two residential sites in the July to September quarter, providing about 1,350 flats.

Announcing the land sale programme for the next quarter, Secretary for Development Michael Wong today said the residential sites are in Kai Tak and Tuen Mun.

The Mass Transit Railway Corporation also plans to tender Package 4 of the Wong Chuk Hang Station project, providing about 800 flats.

Including supply from private development and redevelopment projects, the private housing land supply in the next quarter is estimated to produce about 2,480 flats in total.

Mr Wong said: “Together with the residential land supply in the first quarter, the total private housing land supply in the first half of 2019-20 from all sources will stand at about 5,420 flats.”

Meanwhile, one commercial site atop the Hong Kong West Kowloon Station of the Guangzhou-Shenzhen-Hong Kong Express Rail Link will be put up for sale in the next quarter, providing about 294,000 sq m of gross floor area.

It will be the largest commercial site to be sold by the Government in recent years.

“Looking ahead, the Government will continue to increase land supply through a multi-pronged approach to meet the community’s demands for housing, economic and social development land,” Mr Wong added.

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