Policy Address

Short and Medium-term Land Supply

99.         In the short and medium term, the Government will continue to rezone sites, increase development intensity and conduct holistic land use reviews to make optimal use of land.  By the end of last year, the Town Planning Board (TPB) had approved applications for relaxing the development intensity of 41 housing sites, which will lead to an additional supply of about 7 750 units. 

Review of Land Use

100.         In the 2014 Policy Address, I announced that the Government had identified some 150 potential housing sites through land use reviews and would seek to make most of these sites available for housing development in five years to produce over 210 000 flats, with over 70% for public housing.  Proposals to amend the statutory plans of 63 of these sites have been submitted to the TPB over the past two years.  This is expected to provide about 74 400 housing units, including 42 500 public housing units and 31 900 private housing units.  To date, the statutory planning procedures for 46 of these sites (capable of producing about 41 000 flats) have been completed.

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