People can get an overall view of the current market situation at a glance as quarterly statistics on private housing supply in the primary market will be available at the Housing, Planning & Lands Bureau website to enhance transparency.

The International Monetary Fund said the initiative, providing timely information about the Government's plans on the supply of land, will help reduce uncertainty and mitigate any associated instability in property prices.

On the website, the number of new residential units under construction, the actual completion of private residential units and the number of completed but unsold units will be provided. 

A detailed explanatory note is also available to help users reconcile the data compiled in this form with the source data released by various government departments.

People are reminded that the figures should not be interpreted as depicting a full and complete picture of the future supply situation in the years to come.

The Government has no intention to make supply forecasts or influence public perception of market trends. Prospective home buyers should assess rationally and cautiously their own circumstances and all relevant market information before making such investment decisions.