Property
5.4 In the third quarter,
the
additional supply of private
sector property, in terms of the total usable floor area of all
buildings completed, was 844 000 square metres. This represents an increase of 9% compared with the third quarter of last year.
Taking the first nine
nine months together, the increase was
The situation, however, varied tremendously between types of property, as the following table indicates.
10%.
different
Usable floor area completed
('000 m2)
Third quarter
1982
Third quarter 39
Jan
Sept
1983 change
1982
Jan Sept 1983
-
옹
change
('000m2) ('000m2)
('000m2)
('000m2)
Residential
176
271
54
507
904
78
Commercial
166
365
119
548
871
59
Industrial
398
162
-59
1 046
632
-40
Others
32
46
45
173
95
-45
Total
772
844
9 2 274
2 501
10
Source: Buildings Ordinance Office
5.5
Comparing the third quarter of this year with the same period last year, the additional supply of private residential property increased by 54% in terms of floor area completed; and
at 6 302 units
in the third quarter of this year,
the
increase in terms of units completed was 26%. Taking the first
(4)
/ nine
(4) This figure is compiled from monthly returns prepared by the Buildings Ordinance Office. It includes all newly completed residential units to which full occupation permits have been granted. To the extent that there are some completed units not yet with occupation permits, this figure may understate the current number of completions.
33