Mei Tin Road site in Tai Wai up for sale via tender

The site was later added to the land sale programme due to positive market responses.

A residential site on Mei Tin Road in Tai Wai will be up for tender, providing around 360 flats, Development Secretary Bernadette Linn announced.

The site was not part of the original 2024-25 Land Sale Programme but was included in the third quarter due to positive market responses to residential land sales in Sha Tin in the first two quarters, along with developers' growing interest in smaller-scale sites with good transportation and amenities.

Additionally, the MTR Corporation (MTRC) plans to tender its Tung Chung East Station development project this quarter, bringing about 600 flats. The MTRC had reduced the project's scale to half of its original size after first tendering the site in October 2023.

For private development and redevelopment, three projects are expected to complete their lease modifications in the third quarter, contributing 1,235 flats, with a significant portion from an in-situ land exchange application in Fanling North New Development Areas.

In total, the third quarter's private housing supply will involve around 2,200 flats. Combined with the supply from the first two quarters, the total for the financial year’s first three quarters will reach about 6,470 flats, nearly 50% of the annual target of 13,200 flats.

Additionally, the Development Bureau plans to tender an industrial site in Hung Shui Kiu for multi storey buildings this quarter, adopting a two-envelope approach for its disposal.

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