15 000 units from 8 residential sites under the 2024/25 Land Sale Programme, railway property developments, private development and redevelopment projects and URA’s projects
2 commercial sites to provide about 120 000 square metres of commercial floor area, and 1 industrial site to provide 540 000 square metres of industrial floor area
Consider market conditions when deciding on quantity, type and pace of land sale
Make available land for no less than 80 000 private housing units in the coming 5 years
Housing
Public housing: Sufficient land for 308 000 public housing units identified
Cash Allowance Trial Scheme to be extended for 1 year until June 2025
Private housing: Completion of 19 000 private residential units annually on average in 5 years from 2024. Expected first-hand private residential unit supply for the next 3 to 4 years will be around 109 000 units
Transport and Infrastructure
Invite expression of interest on supply and operation of smart and green mass transit systems in East Kowloon, Kai Tak and Hung Shui Kiu/Ha Tsuen in 2024
Examine feasibility of investing in MiC supply chain
Set up Building Testing and Research Institute within 2024 to promote innovative application by industry
