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Land, Housing and Transport


  • 15 000 units from 8 residential sites under the 2024/25 Land Sale Programme, railway property developments, private development and redevelopment projects and URA’s projects
  • 2 commercial sites to provide about 120 000 square metres of commercial floor area, and 1 industrial site to provide 540 000 square metres of industrial floor area
  • Consider market conditions when deciding on quantity, type and pace of land sale
  • Make available land for no less than 80 000 private housing units in the coming 5 years


  • Public housing: Sufficient land for 308 000 public housing units identified
  • Cash Allowance Trial Scheme to be extended for 1 year until June 2025
  • Private housing: Completion of 19 000 private residential units annually on average in 5 years from 2024. Expected first-hand private residential unit supply for the next 3 to 4 years will be around 109 000 units

Transport and Infrastructure

  • Invite expression of interest on supply and operation of smart and green mass transit systems in East Kowloon, Kai Tak and Hung Shui Kiu/Ha Tsuen in 2024
  • Examine feasibility of investing in MiC supply chain
  • Set up Building Testing and Research Institute within 2024 to promote innovative application by industry

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