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Flat supply to remain high: CE

November 29, 2016

The supply of land and private flats will remain at a high level.

 

Speaking ahead of the Executive Council meeting today, Chief Executive CY Leung said the Government shares a common vision with the community to develop the economy to improve people's livelihood, and is striving to solve the land and housing shortage.

 

He said the projected private flat supply for the coming three to four years is 93,000 units, 46% higher compared to four years ago before the current-term administration took office.

 

He said he expects the high level of supply to continue.



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