Hong Kong Housing Authority: The potential supply of first-hand residential units in the next 3 to 4 years has dropped sharply to 96,000 units, falling below the 100,000-unit mark for the first time in nearly four years.

According to data from the Hong Kong Housing Authority, as of the end of June 2026, the potential supply of first-hand private residential units in the next 3 to 4 years is recorded at 96,000 units, reflecting a sharp quarterly decline of 5,000 units, and for the first time in nearly 4 years, it has fallen below the 100,000 unit mark. The number of unsold completed units continues to decrease, dropping by 1,000 units to 19,000 units, which is the lowest level in the past two years. Based on data from the Hong Kong Housing Authority, the potential supply of first-hand private residential units in the next 3 to 4 years is recorded at 96,000 units, while the number of unsold uncompleted flats stands at 61,000 units, reflecting a quarterly decrease of 1,000 units. Additionally, the number of approved but yet-to-start "ready sites" has decreased significantly by 3,000 units, falling to 16,000 units. Moreover, in the second quarter of this year, the construction volume of private residential units was recorded at approximately 5,600 units, an increase of about 36.6% compared to around 4,100 units in the fourth quarter of last year, with a cumulative total of approximately 9,700 units in the first half of the year. During this period, the completion volume also increased significantly from around 1,600 units to about 6,400 units last quarter, with a cumulative total of approximately 7,900 units in the first half of the year.