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Hong Kong to offer one residential land site in July to September
The city plans to tender a 5,170-square-metre site in Ho Man Tin, targeting about 250 flats, while saying it is managing overall housing supply rather than just land sales.
Hong Kong will offer just one residential site for sale in the July to September quarter, keeping land supply cautious even as the housing market rebounds, according to SCMP Economy.
Development Secretary Bernadette Linn Hon-ho said the Fat Kwong Street site in Ho Man Tin, Kowloon will be tendered in the second quarter of the 2026 to 2027 financial year. The 5,170-square-metre parcel is expected to yield about 250 flats and requires the developer to include some social welfare facilities.
Linn said the decision reflects the government’s assessment of total housing supply across multiple channels, not solely land sales. She added that, taking all sources together for the quarter, the administration expects a substantial housing turnout, and that rolling out a single small Kowloon urban site should be welcomed by the market.
CBRE said the lower land sales target reflects a more pragmatic approach that prioritises market stability over maximising short-term revenue. The government noted the site only recently completed land use procedures and was included in the February land sale programme.