The government has recently disclosed its housing land supply strategy for the upcoming year, aiming to bolster the residential sector. A total of eight residential sites have been earmarked under the 2025-26 Land Sale Programme, with an estimated capacity to provide approximately 4,450 new flats. This initiative forms part of a broader effort to ensure sufficient private housing supply across various projects. The Development Secretary, Bernadette Linn, highlighted that the overall private housing land supply, encompassing government sales, MTR initiatives, Urban Renewal Authority schemes, and private redevelopment efforts, is projected to meet or exceed the annual target set forth in the Long Term Housing Strategy Annual Progress Report 2024.
In response to current market dynamics, the government has also outlined plans for industrial and public facility development. Three pilot areas—Hung Shui Kiu/Ha Tsuen, Fanling North, and the San Tin Technopole—have been selected for large-scale industrial land disposal, incorporating residential, industrial, and public amenities. An expressions of interest exercise will continue until March, followed by tender openings in the latter half of 2025. Notably, the first site for tender, located in Tuen Mun, is scheduled to launch between April and June, offering around 525 flats. The government will adopt a flexible approach, releasing land strategically based on prevailing market conditions and adjusting as necessary.
Through this comprehensive plan, the government demonstrates its commitment to addressing housing needs while fostering sustainable urban development. By balancing residential and industrial growth, the administration aims to create a thriving environment that supports both economic vitality and quality living standards for residents. This strategic approach not only meets immediate housing demands but also lays a solid foundation for long-term urban prosperity.
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