The Government announced today (January 13) the addition of a residential site to the quarterly land sale programme for the fourth quarter of 2016-17, i.e. January to March 2017.
The residential site, which is in Ap Lei Chau, has a capacity to provide about 1,420 flats. Together with the two residential sites already announced on December 29, 2016, the Government will put up for sale in the fourth quarter of 2016-17 a total of three residential sites (capable of providing about 2,450 flats).
When announcing the quarterly land sale programme for the fourth quarter of 2016-17 on December 29, the Secretary for Development, Mr Paul Chan, mentioned that, subject to market conditions as well as the progress of rezoning and other work, the Government might put up additional sites for sale within the fourth quarter of 2016-17.
The updated list of the government sites to be tendered in January to March 2017 is attached. The Lands Department will announce separately the detailed land sale arrangements.
Ends/Friday, January 13, 2017
Issued at HKT 16:30
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