Page 10 - Building Journal - April 2017
P. 10
project News
New high in private flat supply
he projected private flat supply for The r e a r e 61, 000 uni t s unde r
the coming three to four years is construction, excluding those pre-sold by
T96,000, a record high since quarterly developers.
supply statistics were first released in There are 27,000 units from disposed
September 2004. sites where construction may start any
Publishing its quarterly figures in April, time.
the Transport & Housing Bureau said, as at The number of flats under construction
the end of March, there are 8,000 unsold in the first quarter was 2,500, while the
units in completed projects. number of units completed was 4,400.
Actual Construction of Private Residential Units (As at 31.3.2017)
(1)
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