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The LTV is an integral part of the long-term land supply strategy.   To increase housing completions for the short term (i.e. next 3–5   Executive
               It will not only act as an important “catalyst” in speeding up   years), the only way is to expedite development on spade-ready   Summary
               potential land clearance and resettlement issues in the negotiation   land. Currently, the average development cycles from land
               between the Government and different stakeholders, but also   acquisition to construction completion for public and private
               provide a new strategic transport network that unleashes the   housing are more than five years, even assuming spade-ready sites
               development potential of the New Territories.             are immediately available. We advocated the need to cut the
                                                                         administrative red tape to shorten the development cycles for both
               Strategic planning, however, is a continuous effort—a halt in land   public and private housing.
               development will only risk an inability to meet future needs. With the
               expected commencement of construction work for the LTV and   In the medium term (i.e. next 5–10 years), the Government needs to
               the New Territories North (NTN) in several years, we identify a   expedite the creation of spade-ready sites in its pipeline. A spade-
               paramount need to start looking for the next batch of NDAs to   ready site, be it a small rezoning site or a large NDA, takes at least
               succeed these two projects. In anticipation of the dynamics ahead   five to ten years to be created. Previously, we have also identified
               in the long-term future, we bring forth the development blueprint for   two sites of “unzoned hills” at Shap Sze Heung that are mostly
               a liveable New Territories, to lay out a visionary and pragmatic   government-owned and free from obvious legal restrictions to
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               roadmap towards the 2030s and beyond.                     development.  In this report, we also explore various measures to
                                                                         speed up the development procedures of spade-ready land,
               But what about the immediate housing                      especially for the two ongoing NDAs of HSK and KTN/FLN.
               shortage?
                                                                         Re-imaging the possibilities of the
               One of the direct consequences of the current land shortage is the   New Territories
               housing crisis. Many people live in small and unaffordable private
               flats, while many wait in an ever-lengthening queue for public   For Hong Kong to continue to thrive in the future, comprehensive
               housing units. We have scrutinised the short-to-medium land and   development that meets our various land demand, be it housing,
               housing supply in our previous research reports and put forward   economic activities, community facilities, recreation space,
               recommendations on this front. While this report gives emphasis to   transport, and infrastructures, is of the essence. As comprehensive
               long-term land supply, the suggestions herein can also facilitate the   planning and development must be accompanied by the availability
               NDA development that is currently underway.               of large and flat landmass; the New Territories, extending over
                                                                         almost 90% of Hong Kong’s landmass, will be a key enabler for
                                                                         Hong Kong’s future growth.


               1   For further information about our policy recommendations on cutting red tapes in development cycles and utilising “unzoned hills”, please refer to Cutting Red Tape to Catch Up with
                Shortfalls in Land and Housing Supply (OHKF, 2020a), and Lacunae in Land Planning: Undersized, Undersupplied and Underestimated (OHKF, 2018).
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