Private housing land supply reaches 6,000 units in H1

H1 supply already hit 45% of annual private housing target.

The Hong Kong government said that the total private housing land supply for the fiscal year’s second quarter, July to September 2025,  would support the development of around 4,950 units.

Together with the supply from the first quarter, the total private housing land supply of the first half of this financial year is expected to support some 6,000 units, which is around 45% of the annual target of private housing supply.

This figure has not yet reflected private development projects not requiring lease modification from the second quarter, as such figures are only available at a later stage.

In the second quarter, the government will sell by tender a residential site at the junction of Wing Shun Street and Texaco Road, Tsuen Wan that will provide about 780 flats.

There are also six private development and redevelopment projects requiring lease modification that are expected to complete their land administration procedures during this period, providing a total supply of around 4,170 flats.

The actual tender timetable will be drawn up taking into account the progress of necessary preparatory work. The Lands Department will announce the detailed land sale arrangements before the site are put up for tender.