Hong Kong will need one million flats in the next three decades to accommodate household growth, non-locals and displacement caused by redevelopment projects, according to a long-term land planning report issued by the government.
The report, released as a supplement to the 2030 Plus long-term strategy for planning and development beyond 2030, also projects that the average flat size in the private housing sector would be 646 sq ft in net or saleable floor area by 2046.
The calculation is based...
↧