A 5,170-square-metre (55,649 sq ft) site on Fat Kwong Street in Ho Man Tin, Kowloon, will be offered through tender in the second quarter of the 2026-27 financial year, according to Development Secretary Bernadette Linn Hon-ho. The small-to-medium-sized site is expected to provide about 250 flats and will require the developer to include some social welfare facilities.
Linn said the decision reflected the government’s assessment of total housing supply, rather than just land sales.
“Taking all sources together for this quarter, we have quite a substantial turnout,” Linn said at a press conference on Friday. “We believe rolling out one small site in the Kowloon urban area should be something welcomed by the market.”
The Fat Kwong Street site, which was included in the government’s February land sale programme, only recently completed its land use procedures, Linn said. Located in an established neighbourhood with comprehensive facilities and close to an MTR station, the site was expected to attract market interest, she added.
CBRE said the lower target reflected a more pragmatic approach to land supply, with the government prioritising market stability over maximising short-term revenue.
