Page 30 - Land2.5_EN_Final_C

Reclaimed Land Supply a Lot of Housing

Completion of Private Residential Unit by Land Source

Units
45,000
40,000
35,000
30,000
25,000
20,000
15,000
10,000
5,000
0
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Reclaimed land Non-Reclaimed land
Sources: Building Departments, Lands Department, Town Planning Board, Our Hong Kong Foundation.

1. By collecting and compiling public information from Buildings Department, Lands Department,
Town Planning Board; analysing projects held by di erent developers and conducting site
inspection when necessary, OHKF found that nearly 60% of the private residential units
completed since 2000 were built on reclaimed land. In other words, had the government not
actively reclaimed land in the past, the shortage of private housing supply today would only have
been even more severe, possibly sending property prices even higher.

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