Secretary for Development Michael Wong Wai-lun speaks to the press on a land sale programme in June 2020. Photo: Xiaomei Chen Secretary for Development Michael Wong Wai-lun speaks to the press on a land sale programme in June 2020. Photo: Xiaomei Chen
Secretary for Development Michael Wong Wai-lun speaks to the press on a land sale programme in June 2020. Photo: Xiaomei Chen

Hong Kong may miss private home supply target again as recession slows land sale, development plans

  • The government and MTR Corp will put up three residential sites for tender next quarter, including one on The Peak that failed to sell in 2018
  • City may achieve only 57 per cent of its annual home supply target after nine months, according to projection

Topic |   Hong Kong property
Secretary for Development Michael Wong Wai-lun speaks to the press on a land sale programme in June 2020. Photo: Xiaomei Chen Secretary for Development Michael Wong Wai-lun speaks to the press on a land sale programme in June 2020. Photo: Xiaomei Chen
Secretary for Development Michael Wong Wai-lun speaks to the press on a land sale programme in June 2020. Photo: Xiaomei Chen
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