Private Housing Supply

Celestial Heights in Ho Man Tin. Photo: Jonathan Wong

Redevelopment of Ho Man Tin to increase flat supply

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.