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8. (1000, 40 wpm) Land Sale List
created Monday June 09, 08:21 by HHS
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The Government today announced its land sale list which includes eight residential sites, involving about flats to be put up for sale. As for industrial sites, the Government has identified three pilot areas to adopt the large scale land disposal approach, located in Hung Shui Kiu, Fanling North and the technopole.
Unveiling the list this afternoon, secretary for development Bernadette Linn said taking into account the estimated land supply from government land sale. Corporation and urban renewal authority projects as well as private development redevelopment projects, the private housing land supply in can produce about flats.
Pursuant to the long term housing strategy annual progress report released in October, the target for private housing land supply in is flats, similar to the potential supply of this financial year. No commercial site has been included on the list, considering the high vacancy rate of offices in recent years and the relatively ample supply in the next few years.
Unveiling the list this afternoon, secretary for development Bernadette Linn said taking into account the estimated land supply from government land sale. Corporation and urban renewal authority projects as well as private development redevelopment projects, the private housing land supply in can produce about flats.
Pursuant to the long term housing strategy annual progress report released in October, the target for private housing land supply in is flats, similar to the potential supply of this financial year. No commercial site has been included on the list, considering the high vacancy rate of offices in recent years and the relatively ample supply in the next few years.
