Hong Kong can build 2.8 million flats if land freed up, group claims
Study identifies short-lease government areas and plots reserved for Disneyland’s expansion as possible sources
From relocating Hong Kong’s main container port to scrapping a small-house policy, some 2.8 million flats – six times the government’s target for 10 years from now – could be built, a group of local young leaders has claimed.
Hailing from the business, private and civil sector, the 21 proponents on Friday floated seven land supply solutions that could yield 4,279 hectares across the city. Officials have stated they hope 460,000 units can be built by 2027.
Loong Tsz-wai, one of the 21 young leaders attending a housing forum organised by independent think tank Global Institute for Tomorrow, said its report addressing housing affordability “for the next generation” showed Hong Kong did not have a land shortage problem.
“It’s a distribution problem, and also a lack of political will,” Loong said.
“Of course, not all of the land can be realised, but this [shows] just how big the potential is.”
