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…More than 9,000 Hectares of Land









                           Number of units be builtover the next 30 years    1,263,000 Units

                                                                                270 sf
                                Per capita living space of new unit   (Reference to Singapore level)

                                    Average size of new unit*                   730 sf
                                   Residential land demand^                  2,975 hectares




                            Residential land   +        Facility land**   =     Total land demand
                               2,975 ha                   6,375 ha                  9,350 ha


                       Notes: (*)  Assume average household size of 2.7 persons.
                                    (^)  Assume average plot ratio of residential land of 3.6 times.
                                   (**) Assume the ratio of facility land to density-adjusted residential land (the population density of village houses is
                                          adjusted to the same as other units) remains unchanged.
                       Sources: Development Bureau, Census & Statistics Department, Our Hong Kong Foundation.





               1.  If we hope for a more spacious living environment, and increase the per capita living space of
                   newly constructed units to 270 square feet (sf), similar to the current level of Singapore, average
                   size of new units will be   730sf. After taking into account the redevelopment requirements
                   mentioned above and adopting the average plot ratio in the “Hong Kong 2030+” consultation
                   document, the construction of 1.26 million units will require nearly 3,000 hectares of residential
                   land.



               2.  A well-established community needs to satisfy not only housing demand, but also living needs,
                   such as employment, transportation, open space, shopping, medical care, etc. OHKF estimates
                   that the demand for future ancillary land is 6,375 hectares. In other words, Hong Kong will need
                   more than 9,000 hectares of land over the next 30 years, nearly double that of the government's
                   estimate of 4,800 hectares (of which about 1,700 hectares are for residential use).





























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