The first three seasons of private buildings, 6327 people started construction, nearly five years low

In the first nine months of this year, the number of private building starts was only 6,327, a decrease of 35% compared with 9,759 in the same period last year

It is the lowest since the same period in 2014 and the past five years.

A total of 3 residential starts in September

According to the information of the Buildings Department, a total of three private residential projects commenced in September (subject to the commencement of the Buildings Department’s notice of commencement of construction works). This involves a total of 901 flats, which is a 450-fold increase over the two in August. However, compared with the past, there are often more than a thousand people recorded in a single month, which is still at a low level.

In the first nine months of this year, only 6,327 people started to work, which was 9,759 fewer than the same period last year, down 35% year-on-year. It was the lowest level in the past five years after the 3,959 team in 2014. The number of annual jobs is less than 10,000, which is also the lowest level in the past five years.

As for the projects started in September, there are two Kai Tak sites resold by HNA Group, among which Henderson Land (00012) Kai Tak Mu Tai Street No. 8 project involves four 31-story high-rise residential buildings and 4 The 4-storey low-rise residential tower provides about 257 people, mainly large units.

The 12th Mutai Street project of Wheelock Properties will provide 643 gangs, providing open-plan to 4-bedroom units

Currently, the first phase of the project has applied for pre-sale of uncompleted flats. According to the developer, it is planned to be in the second half of next year. Sale.

In addition, a total of 14 private residential projects were completed in September (subject to the occupancy permit), involving a total of 4,085 people, a 19-fold increase month-on-month, which is the highest in a single month after December last year and nearly 9 months. In the first nine months, a total of 10,550 people were completed.


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