Wednesday, April 23, 2014   

12 residential plots on market next quarter
(12-18 17:20)

The government said it will sell 12 residential land plots in Sha Tin, Taipo, Tin Shui Wai, Tuen Mun, Shau Kei Wan and Ping Chau to provide about 5,500 flats during the next quarter.
Two commercial land parcels of 18,000 square meters in gross floor area in total will also be sold.
Development minister Paul Chan Mo-po said the administration vowed to boost housing supply. This plan is set to mark the biggest sales in terms of plot sizes and the number of flats supplied since 2011.
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