Government announces quarterly land sale programme for January to March 2026
The Government announced today (December 29) the quarterly land sale programme for the fourth quarter of 2025-26, i.e. January to March 2026.
The Secretary for Development, Ms Bernadette Linn, said in the fourth quarter of 2025-26, the Government will put up for tender two residential sites of small-to-medium scale. The first site is situated at Choi Ha Road, Ngau Tau Kok, Kowloon, which can provide around 470 flats. The second site is situated at Shau Kei Wan Main Street East, Hong Kong, which can provide around 200 flats. Both sites are selected from the Annual Land Sale List announced in February this year. Originally zoned as "Government, Institution or Community", both sites have been rezoned for residential use. The two sites are situated in a relatively mature neighbourhood near MTR stations with comprehensive surrounding facilities and traffic networks, and are expected to be welcomed by the market.
Apart from the government land sale, the residential land supply this quarter also includes the MTR Corporation Limited (MTRCL)'s Kam Sheung Road Station Phase 2 property development project, capable of providing around 1 290 flats. Separately, the Urban Renewal Authority (URA) plans to execute the land lease for the Kai Tak Road/Sa Po Road development project in the next quarter, and will take forward at this stage a series of advance works (including project foundation and excavation works for the basement), while concurrently planning for other works to expedite the provision of around 810 flats. As for private development and redevelopment projects, two projects are expected to complete the lease modification procedures in the fourth quarter, providing a total supply of around 190 flats.
"Taking all sources of land supply into account, the total private housing land supply in the fourth quarter of this financial year would support the development of around 2 960 units. Together with the supply from the first three quarters, the total private housing land supply of this financial year is expected to support some 15 750 units, exceeding the annual supply target (13 200 flats) by close to 20 per cent. This figure has not yet reflected private redevelopment projects not requiring lease modification from the fourth quarter, as such figures are only available at a later stage. To overview the residential land supply in this financial year, around 60 per cent was from private development projects, while the remaining 40 per cent was from government land sale and projects of the MTRCL and URA. The higher-than-expected private housing land supply reflects developers' optimism towards the market outlook. It is also the Government's aspiration for the launch of more new private housing projects to bring about economic activities and employment opportunities", Ms Linn said.
The Government will continue to sustain its effort in rolling out land in a prudent and pragmatic manner, and flexibly adjust the land disposal strategy according to market situation, in order to meet the development needs of society.
The list of sites to be tendered in January to March 2026 is in the Annex. The actual tender timetable will be drawn up taking into account the progress of the necessary preparatory work. The Lands Department will announce the detailed land sale arrangements before individual sites are put up for tender.
Source: AI-found images
