Renewal efforts: Secretary for Development Carrie Lam briefs reporters on the Ma Tau Wai Road-Chun Tin Street redevelopment project before visiting a household there.

The Urban Renewal Authority will build 420 flats of less than 500 square feet each to cater for the mass housing market in the Ma Tau Wai Road-Chun Tin Street redevelopment project.

At a press conference today, Secretary for Development Carrie Lam said the authority agreed to do so in response to the Financial Secretary's concern over the supply of small flats as mentioned in his budget speech.

"The building collapse [at 45J Ma Tau Wai Road] has seriously upset the daily lives of the affected residents. To allay residents' anxiety, and taking account of the dilapidated conditions of those buildings, we believe redevelopment is the most appropriate solution," Mrs Lam said.