The government will supply 94,5000 public housing units.
According to the government news site, Hong Kong will increase land supply on all fronts. At the Budget 2017-18, Financial Secretary Paul Chan said the Government will supply 94,500 public housing units from 2016-17 to 2020-21.
There will be 71,800 public rental housing units and 22,600 subsidised sale flats. On private housing, the 2017-18 Land Sale Programme comprises 28 residential sites capable of providing 19,000 units.
Together with railway property and redevelopment projects, potential private housing land supply in 2017-18 will be about 32,000 units.
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