Zhongyuan estimates private building supply to reproduce the fault in 2020
Zhang Jingda, executive director of Zhongyuan Surveyors, pointed out that the number of private flats available for sale this year is about 32,000. However, due to the government slowing down the land and adjusting the proportion of public and private housing supply, it is estimated that the private building will have another supply fault since 2020. Or, to stimulate the rise in property prices, it is recommended that the Government appropriately increase the density of residential development in the New Territories. The land adjacent to the railway facilities can be relaxed to 8 to 9 times.