Selling 5 places in the next season, Kai Tak is the most pleasing, can supply 2,630 people in the house, the most
The property market is blowing a breeze, and the government has not stopped the pace of pushing the land. From October to December this year, the third quarter of this fiscal year, the government will launch five tenders for the sale of land, four of which are residential sites. A total of 2,630 people can be built, which is close to 2,850 in October and December 2016. The maximum number of two years, together with the supply of land premiums, provides 3,360 people. The Kowloon East Kai Tak Development Area will be “re-flying”. The five new supply sites will account for three of them. The total valuation of the three sites is about $34.8 billion, which is equivalent to the total gross value of 5 plots of 42.6 billion yuan. .
In the first three quarters, the private residential supply was 9,840, which is only about 55% of the annual target of 18,000. The Secretary for Development, Mr Wong Wai-lun, admitted that as some of the land was converted from private residential to public housing, the pressure on private housing to meet the standards was even greater. However, the Government would “try to do it” and announce that there will be more private land launched from January to March next year. some”.
Huang Weilun predicts that Mingchun will push private buildings
The three Kai Tak sites, which will be launched from October to December this year, are all located in the runway area. Two of them are residential sites. The No. 3 site (4C3) in Area 4C is the first residential area in the runway area with invincible Victoria Harbour views. The market valuation is as high as 14.92 billion yuan. As for the No. 5 site (4C5) in the 4C area adjacent to the Kai Tak Cruise Terminal, it will serve as a commercial and hotel use with a total gross floor area of approximately 612,472 square feet. Huang Weilun said that in order to increase the synergy with the cruise terminal, the plan requires developers to use some of the floor to build hotels, providing about 340 to 570 rooms.
The remaining two sites for tenders in the next quarter include a low-density residential site in Cheung Sha, Lantau, and a residential site at the junction of Yu King Lei and Bo Yan Road, Tai Po, Tai Po, Tai Po, which is about 3.29 hectares. An elderly home for about 100 places will be built in the corner. As for the next quarter, the Railway and Urban Renewal Authority (hereinafter referred to as the One Iron and One Bureau) project has not contributed, and it is the first time in nearly three quarters since January to March this year.
The total supply of 9,840 in the first three quarters is only half of the target.
According to the data, 2630 gangs can be built in the next quarter, which is 42% more than the 1850 gangs in this quarter (July-September). It is also the most recent season in the two years from October to December 2016 when 2,850 gangs were recorded. The total supply calculated by selling land and private redevelopment projects is 3,360, which is the most in the past four quarters. However, due to the lack of positive attitudes of private developers to replenish their land prices, the total residential supply in the first three quarters of this year fell below 10,000, only 9,840, the lowest in the past five years since the 2013-14 financial year, and the annual target of 18,000. There is quite a distance.
In recent months, the Government has allocated a number of private residential developments to public housing development. Mr Wong pointed out that in recent years, the Government has increased the demand for public housing in the area of public housing. In recent months, some private residential uses in Anderson Road, Kwun Tong have also been converted into public housing. development of. However, he stressed that these practices “represent that they are striving for private housing.” Although the pressure on private housing to achieve compliance will be even greater, the government will “work hard.”
In addition, Huang Weilun thanked the Land Supply Task Force for a large amount of public participation and reiterated that not everyone in the community would fully agree with the 18 options. However, if the community can understand the urgency of land demand, etc., “it is a great achievement”, I believe The Chief Executive, Mrs Carrie Lam, will have some discussion on the housing land in the Policy Address.
Although the private residential land supply and the annual target are still about 8,160 gangs this year, Zhang Shengdian, Director of Corporate Development (Purchasing and Property Management) of Pu’er Group believes that from January to March next year, the government may also rely on the sale of land. Iron and Steel and private redevelopment projects can meet the standards, and a large supply of debuts may cause future land prices to be hidden, but I believe that there will still be opportunities to meet the standards throughout the year.