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13 building plans approved in Nov

The Buildings Department approved 13 building plans in November - two on Hong Kong Island, six in Kowloon and five in the New Territories.   Of the approved plans, eight were for apartment and apartment-commercial developments, two for commercial developments, one for factory and industrial developments, and two for community services developments.   Consent was given for works to start on 11 building projects which will provide 210,471 sq m of gross floor area for domestic use involving 2,595 units and 83,060 sq m for non-domestic use.   Additionally, the department received notification of commencement of superstructure works for nine building projects.   The department also issued 16 occupation permits - three on Hong Kong Island, five in Kowloon and eight in the New Territories.   Buildings certified for occupation have 53,034 sq m of gross floor area for domestic use involving 1,355 units and 168,627 sq m for non-domestic use. http://dlvr.it/Sh3Dtw

99k private flats projected

The projected private flat supply for the next three to four years is 99,000 units, 1,000 more than the previous estimate.   The Transport & Housing Bureau today said there were 14,000 unsold units in completed projects at the end of March.   There were 70,000 units under construction, excluding those pre-sold by developers, and 15,000 units from disposed sites where construction may start any time.   The number of flats under construction in the first quarter was 3,800, while 8,100 units were completed during the period.   Click here for details.
http://dlvr.it/SPS5xJ

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