The government announced yesterday (30th) that for the first time, the minimum unit area was added to the land sale terms. The first is to implement a minimum unit area of approximately 280 square feet for residential land on the Castle Peak Road-Tai Lam section in Tuen Mun.
Chen Jianqing, a member of the local research society, pointed out today that the relevant approach is both weight and quality.
However, he emphasized that "nano-buildings" mainly come from urban renewal projects. It is far from sufficient to restrict the sale of land only. He believes that it will not help reduce the supply of nano-buildings. When the government is rebuilding, the developer and the government are required to also join in when discussing land lease arrangements. Relevant terms.
Chen Jianqing pointed out in the Hong Kong and Taiwan program "Millenniums" today (31st) that the existing housing policy "weights not quality, and rarely mentions the basic area of living space, etc.".
The folks have long advocated the minimum area per capita, believing that the practice is both weight and quality.
As for whether 280 feet has reached its goal?
He pointed out that the private sector had previously advocated that the per capita living area should not be less than 260 square feet, and the figures were based on the standards of public organizations such as the Urban Renewal Authority.
When asked whether he thinks the practice will affect the supply, Chen estimated that the 280-square-foot limit is only a pilot and "only in one direction." He believes that the government's housing goals should be of both quality.
However, the current measures only focus on the direction of land sales. According to statistics, the supply of first-hand properties for Zhongnano properties is mainly from urban renewal projects, not government land sales. Therefore, he emphasized that it is far from enough to set restrictions on land sales.
Chen Jianqing also emphasized, "It is not foreseen that, as the Development Bureau said, (measures) that the nano-buildings will disappear, and they will also appear in urban renewal projects."
He suggested that when redevelopment developers and the government are negotiating land lease arrangements, they can also include clauses, and he believes that the same effect can be achieved.
Chen Jianqing, a member of the Local Research Society.
(Profile picture / Photo by Huang Baoying)
▼The top priority of the housing issue in the 2021 Policy Address▼
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Tuen Mun Land’s bidding limit is limited to 280 square feet. Scholars expect property prices to rise, but the public will still be able to afford the land. Construction Association Leung Chi-kin: There is nothing wrong with setting a lower limit on area. Speed up the increase in the supply of units without addressing the root cause. Development Bureau: Supply of 5,680 units of private buildings in the next quarter, Tuen Mun Tai Lam official land with a minimum floor area of 280 sq. ft. The landlord’s rent increase before the effective rent control takes effect. The Housing Authority members said that the building site is like a "pig skull". The area is small and can only be "accepted with tears."
