The first eight months of private construction 1.5 million 17 years over the same period high

In August, the overall private building volume recorded 1,646 units, an increase of 91% on a monthly basis, the first eight months of the cumulative 15,000, more than 20% of the year, a 17-year high in the same period.

As more projects start, the supply of flats will increase in the next year.

August 1646 increase by 91%

According to the latest information of the Buildings Department, a total of seven private residential projects commenced in August (subject to the notice of commencement of construction works by the Buildings Department), involving 1,646 flats, representing 91% higher than the 863 flats in July, More than four months.

As for the first eight months of this year, as many as 40 private building projects started, involving a total of 1.51 million, an increase of 22% over the same period last year 12,400,

With the project officially started, you can apply for pre-sale of paper, will be in the next year, one after another in the form of uncompleted.

Among the projects started in August, the largest projects for the Ka Wah (00173) Tai Po Pak Shek Kok Innovation Road project involving 1,090 flats have also been applied for pre-sale of flats. Other projects started in the same period include CITIC Pacific Ma On Shan (Involving 148 gangs), Far East Development (00035) Tai Wai Mei Tian Road (involving 118 partners) and so on.

The total number of active teams in the first eight months of this year is nearly 77% of the total for the first time in the first eight months of this year. There are still many large projects expected to start, including Henderson (00012) Tuen Mun 56 District tube Tsui Road (involving 1,982 partners) and so on during the year at any time construction, is expected to start this year, private housing is expected to break through 20,000 units.

As for the number of private buildings in August, 1,183 were recorded, down by 52% on a monthly basis. However, the first eight months of this year recorded a total of 12,400 lots. Compared with the same period last year, 9,531 contracts increased by 30% over the same period last year. , Also accounted for the estimated annual completion of the estimated amount of 17,700 partners nearly 73%, is expected to reach the government’s annual forecast target.