Housing Supply

In 1997, the Steering Committee on Land Supply for Housing
(HOUSCOM), led by the Financial Secretary, completed a review of the
organisation of and work procedures involved in housing production, and
continues to work towards facilitating the production target of at least
85 000 flats every year.

On July 15, 1997, the government announced a five-year Land Sales
Programme. From now on, it will announce a similar programme each
year on a rolling basis to enhance transparency and to provide a clearer
picture of land supply for housing.

The programme covers two parts - land disposal between July 1997 and
end-March 1999 and the projected land supply for 1999/2000 to 2001/02.
The first part includes 120 hectares and the second part includes 260
hectares for private sector housing development.

[Back] [Forward]