Page 31 - Land2.5_EN_Final_C

And Reclaimed Land are More Development-E cient

Residential Sites Sold from 1997 to 2016

Average Site Area Average Plot Ratio
sf Times
140,000 5
120,000
4
100,000
80,000 3
60,000 2

40,000
1
20,000
0 0

Reclaimed Land Non-reclaimed Land
Sources: Building Department, Lands Department, Our Hong Kong Foundation.

1. More importantly, land obtained from reclamation are also more e cient for development. OHKF
analysed residential sites sold by the government from 1997 to 2016 and found that the average
site area of reclaimed land is 20% larger than that of non-reclaimed land, while the average plot
ratio was nearly 60% higher. The larger site area and higher plot ratio could also lead to a more
comprehensive and optimal planning process. For instance, it can more easily accommodate
development of large-scale commercial and residential complexes with adequate transport
facilities such as transport terminals and car parks to be placed near residential areas.

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