To illustrate the Government’s efforts in land creation and facilitate monitoring of progress, we formulated for the first time a forecast of 10-year supply of developable land (i.e. spade-ready sites) made available by the Government in 2022.  We will update the figures annually.

According to the latest forecast, in the next decade (i.e. 2024-25 to 2033-34), the supply of spade-ready sites will reach 3,370 hectares (ha), representing an increase of 90 ha as compared to the preceding 10-year projection period in last year’s forecast (i.e. 2023-24 to 2032-33).  All such supplies come from government-led projects, with over 1,400 ha from the Northern Metropolis (amounting to nearly half of the new developable land of the Metropolis) and about 400 ha from the Kau Yi Chau artificial islands (amounting to around 40% of the total reclamation area of the project).  We will continue to ensure a steady and sustainable supply of land of different uses through a multi-pronged land supply strategy.

Information of the sites for meeting the demand for land for the estimated public housing production in the 2nd five-year period under the Long Term Housing Strategy (LTHS) (i.e. 2029-30 to 2033-34) is as follows.

For information on public housing production forecast of 2023-24 and the first five-year period under the LTHS (i.e. 2024-25 to 2028-29), please refer to the Housing Bureau’s website
(https://www.hb.gov.hk/eng/publications/housing/public/phpf/index.html)。