The Kowloon-Canton Railway Corp is exploring ways to resume property development along its rail lines after giving up its development rights less than a year ago. The government confirmed yesterday that it had held talks with the rail operator, which forfeited development rights along the West Rail line and Ma On Shan rail extension in July last year in support of government efforts to rein in land supplies. Yesterday, it was reported that KCRC chairman Michael Tien Puk-sun had asked the government to step up property development along the rail lines in the wake of the market's revival. 'The government will examine the implications after receiving a formal KCRC proposal,' a Housing, Planning and Lands Bureau spokeswoman said yesterday. 'But we haven't received any yet.' Centaline Property Agency research and marketing manager Wong Leung-sing cautioned that should the government change its stance, the unexpected supply would hit the residential market, saying: 'I do not expect the government to release housing units along the West Rail line ahead of its original schedule.' However, other property agents welcomed the new business rail line development would provide. Landscope Realty managing director Koh Keng-shing said: 'Taking into account the projected shortage of flats in 2006 and 2007, the government may accept Mr Tien's request to launch property projects earlier than expected.' Government estimates released last month put new-home completions at 16,000 in 2006 and just 7,000 in 2007.