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Is Hong Kong Running Out of Land?. Hong Kong Institute of Architects. C Y Leung www.cyleung.hk 17 December 2010. Housing Stock ('000 units, As at 2008). Sources: Housing Authority; Rating and Valuation Department. Housing – Better Space Standards.
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Is Hong Kong Running Out of Land? Hong Kong Institute of Architects C Y Leung www.cyleung.hk 17 December 2010
Housing Stock ('000 units, As at 2008) Sources: Housing Authority; Rating and Valuation Department
Housing – Better Space Standards • 1.091 million units to be enlarged by 10 sq.m each = 10.91million sq.m, or larger than the size of our existing office stock, requiring news sites of a total area larger than the present total office site area.. • At a plot ratio of 5:1, = 2.2 million sq.m of net developable site area needed.
Distribution of Private Residential Units by Monthly Domestic Household Rent Source: 2006 Population By-census
Vacancy Rates 2009 • Offices:10.3% • Flatted Factories:8.0%