The Government today announced its 2025-26 Land Sale List which includes eight residential sites, involving about 4,450 flats to be put up for sale.

Unveiling the list this afternoon, Secretary for Development Bernadette Linn said taking into account the estimated land supply from government land sale, MTR Corporation and Urban Renewal Authority projects as well as private development/redevelopment projects, the private housing land supply in 2025-26 can produce about 13,700 flats.

Pursuant to the "Long Term Housing Strategy Annual Progress Report 2024" released in October 2024, the target for private housing land supply in 2025-26 is 13,200 flats, similar to the potential supply of this financial year.

No commercial site has been included on the list, considering the high vacancy rate of offices in recent years and the relatively ample supply in the next few years.

As for industrial sites, the Government has identified three pilot areas to adopt the large-scale land disposal approach, located in Hung Shui Kiu/Ha Tsuen, Fanling North and the San Tin Technopole.

Each of these pilot areas covers land for residential, industry and public facilities. The expressions of interest exercise will last until end-March, with a target to commence the tendering work progressively from the second half of 2025 to 2026.

For the first quarter of 2025-26, ie April to June this year, a site in Tuen Mun will be put up for tender, capable of producing about 525 flats.

Ms Linn said that the site is located in a mature residential neighbourhood near a light rail station and should be attractive to the market.

She reiterated that the Government will prudently roll out land in a paced and pragmatic manner for development and maintain a continuous and sustained land supply, noting that placing available sites on the list does not mean all sites are to be rolled out.

The Government will refer to the market situation and other supply sources so as to announce the Land Sale Programme on a quarterly basis. Depending on the market situation, it may also put up additional sites to respond to market changes, Ms Linn added.