CE to tackle housing issues

September 11, 2018

Chief Executive Carrie Lam:
On the upcoming Policy Address which will be delivered in almost exactly four weeks later, I am afraid I cannot disclose any details in the coming Policy Address. But like every Policy Address of the Chief Executive, this is an annual occasion for the Chief Executive to take stock of what the Government has achieved over the past 12 months and what further measures and initiatives the Government will implement in order to meet the needs and aspirations of the people of Hong Kong. But it is beyond doubt that the number one issue that is of major concern to the people of Hong Kong is housing. So I have already said that in this Policy Address, there is no question of not addressing the issue of housing which means that I need to be able to say something about land supply. Because without land supply, there is no way that I could build more flats whether for sale or for rental to meet the needs of the people. Particularly on June 29 this year, I have already announced a series of housing policy measures. So we are now waiting for land supply to fulfil those promises in the new housing policy.

The Policy Address, which will be delivered in four weeks' time will deal with the city's housing issues, Chief Executive Carrie Lam said today.

Speaking to reporters before attending the Executive Council meeting this morning, Mrs Lam noted the number one issue that is of major concern to Hong Kong people is housing, which must be tackled.

“In this Policy Address, there is no question of not addressing the issue of housing which means that I need to be able to say something about land supply.

“Because without land supply, there is no way that I could build more flats whether for sale or for rental to meet the needs of the people.”

Mrs Lam added that the Government is now waiting for land supply to fulfil the promises made in the new housing policy measures announced on June 29.