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New high in private flat supply

July 28, 2017

The projected private flat supply for the coming three to four years is 98,000 - a record high since quarterly supply statistics were first released in September 2004.

 

Publishing its quarterly figures today, the Transport & Housing Bureau said as of the end of June there were 8,000 unsold units of completed projects.

 

There were 61,000 units under construction, excluding those pre-sold by developers.

 

There were 29,000 units from disposed sites where construction can start any time.

 

The number of flats under construction in the second quarter of 2017 was 6,000, while the number of units completed was 4,400.

 

Click here for the figures.



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