From July to September, the Government will put up for tender one small to medium-scale residential site, Secretary for Development Bernadette Linn announced today.
The site is located at Fat Kwong Street in Ho Man Tin and can provide around 250 flats. Originally zoned for “Government, Institution or Community” use, it has been rezoned for residential use.
Ms Linn commented that the site is situated in a mature neighbourhood with comprehensive surrounding facilities and a nearby MTR station, making it attractive to the market.
She added that the Government will require the site’s eventual developer to allocate a small portion of the floor area for social welfare facilities.
Elsewhere, three residential sites located in the large-scale land disposal pilot area in the Hung Shui Kiu/Ha Tsuen New Development Area, for which the tender closed on July 3, are expected to provide around 3,120 flats in total.
Aside from government land sales, residential land supply in the second quarter of 2026-27 will include the MTR Corporation’s Tuen Mun A16 Station (Package 2) development project, which will have capacity to supply around 5,510 flats.
Additionally, the Urban Renewal Authority’s Bailey Street/Chi Kiang Street project in Hong Hum was launched on July 3 and will provide around 1,220 flats.
Separately, in terms of private development and redevelopment, three projects are expected to complete lease modification procedures in the second quarter, providing a total supply of around 90 flats.
Taking all sources of land supply into account, the total private housing land supply in the second quarter of this financial year will support the development of around 10,190 units in total.
Ms Linn said: “Together with the supply from the first quarter, the total private housing land supply of the first half of this financial year is expected to support some 12,430 units, which is very close to the annual target of private housing supply for this financial year (12,600 units).
“The supply target for the financial year is likely to be achieved shortly because of the need for the Government to spearhead development in the Northern Metropolis or railway property development projects in a timely manner, taking into account the overall land and infrastructure development strategy.”
