BidVertiser

99k private flats projected

The projected private flat supply for the next three to four years is 99,000 units, 1,000 more than the previous estimate.   The Transport & Housing Bureau today said there were 14,000 unsold units in completed projects at the end of March.   There were 70,000 units under construction, excluding those pre-sold by developers, and 15,000 units from disposed sites where construction may start any time.   The number of flats under construction in the first quarter was 3,800, while 8,100 units were completed during the period.   Click here for details.
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