Page 32 - Land2.5_EN_Final_C
P. 32

But Reclaimed Land Will Soon be Depleted







                                   Reclaimed Land Available for Sale (Private Residential Use)
                       Site Area (m sf)
                       9
                       8
                       7
                       6
                       5
                       4
                       3
                       2
                       1
                       0
                      2003  2004  2005  2006  2007  2008  2009  2010  2011  2012  2013  2014  2015  2016

                                TKO(2002)        Tai Po - Pak Shek Kok(2000)    Kai Tak(2001)
                                          Tung Chung(2003)        West Kowloon(1993)

                       Notes: ( ) Figures in bracket denotes the years when the land was first made available for sale.
                                      Only include land planned for residential use.
                       Sources: Building Departments, Lands Department, Town Planning Board, Our Hong Kong Foundation.





               1.  However,  having  researched  into  a  number of large reclamation projects in  the past, we
                   discovered that the inventory of residential land obtained through reclamation will soon be
                   emptied. The total site area plummeted from more than 8m sf in 2003, to only around 2m sf in
                   2016, representing a 75% drop. At this rate, these reclaimed land could be exhausted in the next
                   few years!



               2.  Eight residential sites in Kai Tak are included in this year’s Land Sale Programme (2017/18). When
                   they are sold, the government will have only three residential sites and a number of mixed-used
                   sites left for sale (for residential use) in Kai Tak.



























                                                            32
   27   28   29   30   31   32   33   34   35   36   37