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26,000 flats unsold at the end of September

Private flat supply in the next three to four years will be 102,000 units.

26,000 flats were unsold in completed projects at the end of September, according to the Housing Bureau.

There were also 62,000 units under construction, excluding those pre-sold by developers, and 14,000 units from disposed sites where construction may start anytime.

The number of flats under construction in the third quarter was 800, while 3,300 units were completed during the period.

The government projects that private flat supply for the next three to four years is 102,000 units, 1,000 more than the previous estimate.
 

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