The Hong Kong government will release only one residential site for sale through tender during the July to September quarter [1].
This restrictive approach comes as officials attempt to balance housing targets with a rebounding property market. By limiting immediate supply, the government maintains a tight grip on land availability to avoid destabilizing prices while relying on long-term projects to meet future demand.
Development Secretary Bernadette said the government will release just one residential site for sale in the July to September quarter of the 2026-27 financial year [1]. The site is located on Fat Kwong Street in Ho Man Tin, Kowloon, and measures 5,170 square metres [1].
Officials are leaning on future supply from railway developments and redevelopment projects to fill the gap in housing [1]. This strategy includes the Hung Shui Kiu/Ha Tsuen New Development Area, which is intended to provide larger volumes of land in the coming years [2].
An unnamed official said the government will tender just one plot in Kowloon this quarter, as officials point to future supply from railway and redevelopment projects [1]. The decision reflects a cautious fiscal and urban planning stance despite the current recovery in the real estate sector [1].
This limited release is part of a broader effort to manage the pace of development. The government continues to prioritize the phased rollout of land to ensure market stability, a move that prevents a sudden surge of inventory that could crash prices during a rebound [1].
“The government will release just one residential site for sale in the July to September quarter.”
By restricting the immediate release of land to a single 5,170-square-metre plot, the Hong Kong government is prioritizing price stability over rapid inventory growth. This strategy suggests a preference for controlled supply to support the current property market rebound, shifting the burden of housing targets to long-term infrastructure and redevelopment projects rather than immediate market auctions.
