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Hong Kong Housing Authority: The potential supply of first-hand housing will plummet to 96,000 units in the next 3 to 4 years, falling below the 100,000 mark for the first time in nearly 4 years
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The Zhitong Finance App learned that according to data from the Hong Kong Housing Authority, by the end of June 2026, the potential supply of first-hand private housing units in the next 3 to 4 years was 96,000 units, a sharp drop of 5,000 units on a quarterly basis, falling below the 100,000 mark for the first time in the past 4 years. The end of the current building continued to be digested, and the number dropped by 1,000 to 19,000 units, a new low in the past two years.

According to data from the Hong Kong Housing Authority, the potential supply of first-hand private housing units in the next 3 to 4 years will be 96,000, and the number of real estate units under construction but not sold will be reduced by 1,000 units on a quarterly basis. Meanwhile, the number of “familiar land” that has not started construction has been drastically reduced by 3,000 units to 16,000 units.

In addition, the number of private housing construction units recorded in the second quarter of this year was about 5,600, an increase of about 36.6% compared to about 4,100 units in the fourth quarter of last year, with a cumulative total of about 9,700 units in the first half of the year. The number of completed units during the period also surged about 3 times from about 1,600 units. Last quarter recorded about 6,400 units, with a cumulative total of about 7,900 units in the first half of the year.

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