The projected private flat supply for the next three to four years is 93,000 units, 1,000 more than the previous estimate.

The Transport & Housing Bureau today said there were 12,000 unsold units in completed projects at the end of March.

There were 56,000 units under construction, excluding those pre-sold by developers, and 25,000 units from disposed sites where construction may start any time.

The number of flats under construction in the first quarter was 2,200, while the same number of units were completed during the period.

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