93K private flats projected
February 4, 2020
The projected private flat supply for the next three to four years is 93,000 units, unchanged from the previous estimate.
The Transport & Housing Bureau today said there were 10,000 unsold units in completed projects at the end of December.
There were 61,000 units under construction, excluding those pre-sold by developers, and 22,000 units from disposed sites where construction may start anytime.
The number of flats under construction in the fourth quarter of last year was 4,000, while the number of units completed for the period was 3,500.
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