Page 15 - PowerPoint Presentation
P. 15
Railway land bank is depleting quickly
Railway property development tenders that have been awarded or
Property development packages will be awarded:
awarded in the past 5 years Estimated number of Expected tender
private housing units award date
Kam Sheung Road
Package 2 1,040 2024-2025
Pat Heung Maintenance
Centre 6,060 Under review
Siu Ho Wan Depot 4,200 [1] Under review
LOHAS Park Station
Package 13 ~2,500 2020-2021
Wong Chuk Hang ~1,500 2020-2021
Packages 5 & 6
The remaining landbank of 15,300 units from the railway tenders cannot last for many years
Notes:
[1] There will be a total of 14,000 units for Siu Ho Wan Depot according to the latest planning proposal disclosed. Assuming a development approach of 30/70 split in units for private
and public housing, Siu Ho Wan Depot might supply 4,200 units for private housing at a conservative estimate.
Sources: Various newspapers, MTR Corporation, and Our Hong Kong Foundation.
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