LCQ7: Residential units produced from projects undertaken by private sector
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Question:
Will the Government inform this Council, in tabulated form, of the respective numbers of residential units produced from projects undertaken by the private sector in each of the years from 2015 to 2018 on sites involving applications for (i) lease modification, (ii) land exchange and (iii) private treaty grant?
Reply:
President,
According to the statistics of Rating and Valuation Department (Note 1), the actual or forecast number of private residential units completed from 2015 to 2018 are set out below:
| Year | Private residential units completed/forecast completion (No. of units) |
| 2015 | 11 296 |
| 2016 | 14 595 |
| 2017 | 17 791 |
| 2018 | 18 130 (Note 2) |
The Government does not have statistical information on completed private residential units by category of land, such as lease modification, land exchange, private treaty grant, etc.
Note 1: The statistics are from the "Hong Kong Property Review 2018" published by the Rating and Valuation Department (www.rvd.gov.hk/doc/en/hkpr18/03A-1.pdf).
Note 2: This is the forecast completion figure for 2018.
Ends/Wednesday, October 31, 2018
Issued at HKT 11:55
Issued at HKT 11:55
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