The Government will put a site in Shek Mun, Shatin out for tender for private residential development, Secretary for Development Bernadette Linn said today.

The tender was announced as part of the land sale programme for the third-quarter of 2026-27, and will run from this month until December.

The site is located at the junction of Tai Chung Kiu Road and On Sum Street. It has a floor space of around 48,090 sq m and can provide around 960 flats.

Ms Linn explained that the site is situated in a mature residential neighbourhood. Close to MTR Shek Mun Station, it has comprehensive surrounding infrastructure.

Originally zoned for commercial use, the site has received planning approval from the Town Planning Board for private residential development. Any approved developer will be requited to set aside some floor space to provide a public car park.

Other sources of private housing in this quarter’s land programme include the Urban Renewal Authority’s To Kwa Wan Road project, which is estimated to provide around 1,050 flats.

As for private development and redevelopment projects, seven are expected to complete lease modification or land exchange procedures in the third quarter, providing a total supply of around 1,835 flats. Ms Linn said this demonstrates developers’ optimistic market outlook.

Taking all sources of land supply into account, the total private housing land supply in the third quarter of this financial year will support the development of around 3,845 units.

Ms Linn said: “Together with the supply from the first two quarters of this financial year, the total private housing land supply in the first three quarters of this financial year is expected to support some 15,680 units, which has already exceeded our annual target of private housing supply, ie 12,600 units.”

Ms Linn said the Government will nevertheless continue to roll out land to the market.

She explained: “Firstly, the annual supply target is not a rigid indicator; the Government has all along evaluated the pace and trend of market supply in its totality from a macro perspective.

“Secondly, some development projects co-ordinated by the Government, e.g. the Northern Metropolis, railway property development and urban renewal projects, have their own specific timeframes in meeting the Government’s policy needs and the holistic development of their respective areas.

“Thirdly, with the generally positive market sentiment, there is sufficient demand and capacity for developers to take on mature urban land. The Government will continue to assess the circumstances and roll out land flexibly according to policy needs and market conditions."

In addition, the Development Bureau plans to put up for tender a Siu Lek Yuen site in Shatin for student hostel development this quarter. It is estimated the project will provide around 600 beds.

Ms Linn remarked that the site is near MTR City One Station and MTR Shek Mun Station, as well as post-secondary educational institutions.