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Breaking down the private housing supply by district,
                 Kowloon  City,  Yuen  Long  and  Sai  Kung  (including
                 Tseung Kwan O) are the three districts with the largest
                 supply in the next five years. Together they will supply
                 38% of all new private housing units during the period.


               Kowloon  City  alone  will  contribute  14%  of  the  total  new  private
               housing  supply,  or  some  12,500  units.  The  majority  of  these
               units (6,400 units) are sites in Kai Tak which are expected to be
               completed in phases between 2019 and 2023.
               Yuen  Long  and  Sai  Kung  (including  Tseung  Kwan  O)  will  see
               completions of some 11,800 and 10,700 units respectively in the
               same period.
               We note that the land supply from these three districts all come from
               past  developed  new  towns  or  New  Development  Areas  (NDAs).
               As Hong Kong has stopped making new towns in the past two
               decades, it easily follows that the city’s land bank is running out.
















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