Application List less 4,000 flats, not rely on developers
Article from endlessly rising property prices, the government addition to spicy strokes pressure outside the city, also intends to increase the supply of long-term housing frustrated to the root of the problem ", except seek to plan land supply of the new fiscal year, a year-on-year a decrease of 13.42 percent, fell to 25,800 flat, but the government has not greatly increased land fill. The news that the Government eliminate five of residential land, part of the Application List for public housing purposes but will. Scholars think, This means that the government adjusted for the land policy to increase the proportion of public housing supply, in order to regain the initiative in the supply of the property market, plus days Sakae Station stream events, but also cannot rely on government understand supply standards developers.
Financial Secretary John Tsang said the Government to maintain an annual goal of 20,000 flatship units of land, the land sales program in the year 2013/2014, will have 46 residential land available for sale, of which 28 are new land, total construction 13,600 flats and 13,500 flats last year, a slight increase of 100 flats. Together with the railway property development projects, the URA projects, lease modification / land exchange, other private development project, next year's land supply of 25,800, but a decrease of 4,000 compared with 29,800 in the previous year, a reduction of up to 13.42 %.
28 new homestead satisfied Application List
Asked about the supply plunge, whether on behalf of the land supply shortage in danger? John C Tsang did not directly answer, stressed that the government hopes to release the message is the supply is growing, such as first-hand units available for sale this year of up to 24,000, including 12,000 pending uncompleted units, 8,000 have been approved pre- the sale of uncompleted flats, and 4,000 unsold, and a lot of quantity. He also said that the next 3-4 years, the primary market supply of 67,000 units, a new high in 2007 hands since September, the short-term supply ample.
4.5 billion research growth far from land
In fact, to make up for the past years the problem of inadequate supply of land, this year's government actively seek, including plans to invest 4.5 billion HKD studies to increase the supply of land to reclamation, such as new development areas and caves. The Planning Department proposed to former the Peng Chau Chi Yan Public School (discontinued) northern site, "Residential (Group C)" uses a site area of 17,373 ft plot ratio of 0.75 times the land rezoned from "Government, Institution or Community" development, high limit of 3 layers, residential gross floor about 13,030 feet. School south of the premises belonging to the two historical buildings, mainly private lots, it is not included in the rezoning of the column.
The other hand, the new fiscal year the Application List added a lot of new land, but, according to government sources, the authorities at the same time will also be removed from the five residential land, including a plan to turn for HOS development in Tseung Kwan O 65C2 area, as well as planning Difficult 's Peak, Mount Austin Road. The same time, the Pak Shek Kok also had the opportunity will be excised, is reserved for the use of the science park expansion, to make up for the lost supply, will supplement a waterfront residential land in the region another "exchange.
In fact, Mr Tsang yesterday afternoon's press conference, was asked whether the Application List of idle land used as a public housing development, he reply "do not rule out any possibility. Insiders believe that the government has seen it fit to the Application List, take away some of the land for public housing development, the intention is to tell the market, if the land is idle or stream standard, the government has the ability to develop on its own, the initiative in the to regain property market supply. Financial Secretary yesterday also admitted that the developers will generally depend on market digest the ability to adjust the sale pace, the 24,000 flats handedly units available for sale this year does not necessarily will be fully launched, coupled with the earlier the Tin Wing stream marked event, reflecting the government understand supply standards can not expect developers.
New suppliers to feed concentrate East Kowloon
The new fiscal year the government will continue to adopt the initiative by land, land sale arrangement and quarterly announcement. Commercial land, the Application List will provide nine commercial / business sites, year-on-year increase of 5 to 4 last year with the starter Kowloon East "plan temporarily removed Kowloon East commercial / business land is expected to be part of the need to re-incorporate hook surface, the authorities prepared to move to increase short-term supply of commercial floor. The other will provide a hotel, offers 300 rooms.
In addition to the private home ground, in the five years from 2012/2013, the Housing Authority will build 79,000 public housing units, as well as the construction of approximately 17,000 new HOS flats within four years from 2016/2017 onwards.
