Exclusive | Housing boost: Hong Kong’s Kai Tak development area to get 11,000 additional private flats
Development minister Paul Chan reveals ambitious goal to boost supply of private housing at old airport site, but public housing target set to be missed
The number of residential flats to be built at Hong Kong’s biggest prime urban site, Kai Tak, will be increased by half to 44,500 in an ambitious government plan to meet its housing targets, the city’s development chief revealed on Tuesday.
The revamped Kai Tak plan, involving 29 sites, is expected to add about 11,000 units to the stock of mostly private residential flats at the 328-hectare site that once housed the city’s airport.
This would be partially achieved by increasing development density by 20 per cent and moving sites around, according to Chan.
“We will review the original zoning and assess whether some of the hotel sites can be changed to residential use,” he added.
The original plan, floated in the 1990s, was to build about 29,000 flats, but this was increased by 4,500 during a second review.