Private Housing Supply

Redevelopment of Ho Man Tin to increase flat supply

Celestial Heights in Ho Man Tin. Photo: Jonathan Wong

The district is now undergoing some changes, with the site of the Valley Road Estate site sold to Sun Hung Kai Properties for HK$12,000 per buildable square foot in 2010, and that of the Ho Man Tin Estate on Sheung Lok Street open for tenders, Cheung said. Redevelopment of both these sites will provide more private flats.

Wednesday, 6 March, 2013, 4:40am

PLA military sites targeted in bid to ease housing crisis

Secretary for Development Paul Chan Mo-po (left) and Secretary for Transport and Housing Professor Anthony Cheung Bing-leung visit a proposed site for public housing in  Sham Shui Po. Photo: Dickson Lee

The development minister said on Wednesday the PLA barracks in Admiralty could be turned into a site for private residential flats, as the government seeks to increase the housing supply.

7 Feb 2013 - 3:49am

Supply of new homes in Hong Kong to remain tight in 2013

The number of new flats being made available is not expected to increase significantly until next year, experts say. Photo: Nora Tam

The supply of new private housing is expected to remain tight this year, property experts say, although the number of flats on which construction began or was completed rose last year.

Figures from the Transport and Housing Bureau yesterday show construction started on 18,600 new flats last year, the most since 2000 and an 80 per cent jump from 10,300 in 2011.

26 Jan 2013 - 12:02pm