China News Service, Hong Kong, September 28. The Hong Kong Special Administrative Region Government announced on the 28th a land sale plan from October to December 2020. During the quarter, two residential sites in The Peak and Kai Tak will be tendered for sale, with a total of 630 units available for construction.

Together with private development and redevelopment projects, the land sold during the quarter is expected to provide about 2780 units.

　　Wong Wai Lun, Director of the Development Bureau of the Special Administrative Region Government, said in a meeting with the media that in order to encourage more developers of different scales to participate in bidding, the residential land at Man Fai Road on the Peak will be divided into two for sale. 240 units.

The Kai Tak site is located at the northwest end of the old airport runway and can provide about 390 units.

　　Wong Wai-lun said that the MTR Corporation Limited will invite tenders for the fifth phase of the Wong Chuk Hang Station property development project during the quarter, and it is estimated that about 1,000 units can be built.

The above-mentioned land and private development and redevelopment projects are expected to provide a total of about 2780 residential units during the quarter.

　　Together with the land supply of approximately 4,620 units in the previous two quarters, in the first three quarters of 2020 to 2021, a total of approximately 7,400 units of private housing land from different sources can be provided.

　　In terms of commercial land, the SAR government will sell a site in Central New Waterfront No. 3, originally scheduled to be launched in the second quarter, next quarter.

In terms of industrial land, the SAR government plans to launch a site in Fanling in the next quarter, which can provide a total floor area of ​​approximately 20,100 square meters.

　　Wong Wai Lun stated that the SAR government will continue to increase land supply through a multi-pronged approach to maintain a continuous and stable supply and respond to the needs of the public for housing, economic and social development.

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