Policy Address

Land Supply

79. Our efforts in the past few years are beginning to deliver results. Yet, we must keep up these efforts. In the short to medium term, by way of changing existing land uses and increasing development intensity, which involve some 210 housing sites identified through land use reviews, Kai Tak Development Area, Diamond Hill Comprehensive Development Area, reuse of three quarry sites, railway property developments, urban renewal projects, etc., a total of over 380 000 residential units can be provided. In the medium to long term, various new development areas (NDAs) and new town extensions (including Kwu Tung North and Fanling North NDAs, Tung Chung New Town Extension, Hung Shui Kiu NDA and Yuen Long South Development), as well as potential railway property development projects being planned (including Siu Ho Wan Depot and Pat Heung Depot), can provide over 220 000 residential units and over 8.6 million square metres of commercial and industrial floor area. In sum, the various short, medium and long-term land supply initiatives can provide over 600 000 housing units in total.

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