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S
Spade-ready sites for private housing development did not pade-ready sites for private housing development did not
r
recover from previous nosediveecover from previous nosedive
(Figure 6) Spade-ready land supply for private housing
Government land sale Railway projects URA projects
Private development & redevelopment
25,000
-53%
from
20,000 peak
the
Number of units 15,000
10,000
5,000
0
2013/14 2014/15 2015/16 2016/17 2017/18 2018/19 2019/20 2020/21 [1]
Note: [1] Figure for 2020/21 is based on the Government’s forecast adjusted with the average shortfalls between supply forecast and actual land
supply for 2013/14-2019/20, which is approximately 30%.
Sources: Lands Department, Development Bureau, and Our Hong Kong Foundation
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