108k private flats projected

October 25, 2024

The projected private flat supply for the next three to four years is 108,000 units, 1,000 lower than the previous estimate.

 

The Housing Bureau today said there were 21,000 unsold units in completed projects at the end of September.

 

There were also 77,000 units under construction, excluding those pre-sold by developers, and 10,000 units from disposed sites where construction may start any time.

 

The number of flats under construction in the third quarter was 3,900, while 3,800 units were completed during the period.

 

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