31 Dec '15, 3am

#singapore #property Hong Kong to exceed housing supply target: The Hong Kong governmen...

Comment E-mail to friend Bookmark & Share The Hong Kong government is set to surpass its target of providing land yielding 19,000 new private homes for the 2015/2016 fiscal year, reported The South China Morning Post . In its last land sales programme for the financial year, the authorities on Wednesday launched four more plots to be sold over the next three months. Offering a total of 1,550 housing units, these sites are located in Stanley, Ho Man Tin, Sha Tin and Tuen Mun. Together with the flats sited on other plots sold this year and the 1,100 units to be developed by MTR Corporation at Lohas Park, the overall figure is expected to reach 20,300 units at the end of the fiscal year. “We are pretty confident that the private housing land supply target for this year will be met,” said Development Minister Paul Chan Mo-po, adding that the existing property cooling measures ...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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