Hong Kong Property: Land sales this fiscal year have seen a positive response, with developers optimistic about the market outlook and actively replenishing land reserves.

Zhito Finance APP has learned that Wang Pindi, Director of the Research Department at Hong Kong Property, stated that the Development Bureau of the Hong Kong SAR Government today announced its land sale plan. In the third quarter of the current fiscal year (October to December 2026), one residential government site in Shek Mun will be released, involving about 960 units; one project of the Urban Renewal Authority in To Kwa Wan, involving about 1,050 units; plus 7 private development/redevelopment projects involving a total of 1,835 units, bringing the total potential land supply to about 3,845 units. Together with the first half of the current fiscal year, the potential supply for the first three quarters of the current fiscal year (April to December 2026) is about 15,680 units, already exceeding the land supply target of 12,600 units for the current fiscal year.