Draft paragraph to be inserted in
covering letter to Mr. Blaker's secretary
Home Ownership for Middle Income Families
The enclosure to Mr. Cheong-Leen's letter is a
copy of his speech in the adjournment debate in Legislative Council on 18th July. A reply was given then by Mr. D.P.H.
Liao, Acting Secretary for Housing
2.
copy enclosed.
Government is greatly concerned about the insufficient supply of medium and large flats in response to the recent upsurge in demand.
Developers are aware of
the imbalance and, given the opportunity, have already directed their efforts towards redressing the imbalance. The supply figures below indicate this:
No. of flats completed in
1978
1979 (estimate)
1980 (estimate)
Medium Flats
1430
1160
615
Large Flats
170
355
350
Houses
245
1350
1855
Total
1845
2865
2820
3.
A Committee has been formed
The correct solution is to increase the land supply. This is by no means easy, because of geotechnical
and infrastructure problems. under the chairmanship of Deputy Secretary (Environment)
and is making (good) progress. announced that this Committee has been formed; but Government has announced its commitment to increase the supply of land.)
(It has not been publicly
No comments yet.
Private notes are available after approval.