The Hong Kong government plans to sell a total of 5690 residential units in the next fiscal year, with the first quarter of the financial year involving 280 units in Sha Tin.

The Hong Kong government plans to tender two new residential sites in Sha Tin next fiscal year (ending in March 2025), with areas of 2300 and 5700 square meters respectively. Together with 6 residential sites carried over from the current fiscal year, a total of 8 residential sites will be tendered throughout the year, expected to provide 5690 units. The government also plans to tender a new commercial site located at the junction of Ainsworth Street and An Ping Street in Sha Tin, along with the existing Kai Tak commercial/hotel site. Two commercial sites are expected to be tendered next fiscal year, providing an estimated total floor area of 120,000 square meters. In addition, an industrial site in Hung Hom/Che Kung Temple is expected to provide a 544,000 square meter floor area. As for the new quarter, a residential site near Sha Tin City One with 280 units will be involved. The Director of Hong Kong Development Bureau, Ning Hanhao, stated that in the first quarter of the next fiscal year, 280 units will be tendered in a prime location, with only one residential site, no commercial or industrial land. The need for building community centers such as elderly centers and office spaces. The Hong Kong government will strive to "make land". In addition, MTR Corporation will re-launch the Tung Chung site involving 1200 units, while the Hong Kong Housing Authority has three projects totaling 2900 units, including Kowloon City, with an estimated 3200 units involved in market redevelopment, 2200 units in urban redevelopment and en-bloc sales, totaling 5400 units. The potential land supply for the year is approximately 15,000 units, marking a new low since the government began actively tendering land quarterly in 2011.