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Spade-ready sites for private housing development did not


         recover from previous nosedive




                                                          Spade-ready land supply for private housing


          25,000


                                                                                                                                                         -53%
                                                                                                                                                         from
          20,000
                                                                                                                                                          the
                                                                                                                                                         peak
         Number of units  15,000








          10,000





            5,000





                  0
                                                                                                                                                                                       [1]
                           2013/14              2014/15             2015/16              2016/17             2017/18              2018/19              2019/20             2020/21

                         Government land sale                   Railway projects               URA projects               Private development & redevelopment
    Note: [1] Figure for 2020/21 is based on Government’s forecast adjusted with the average shortfalls between supply forecast and actual land supply for 2013/14-2019/20, which is
    approximately 30%.
    Sources: Lands Department, Development Bureau, and Our Hong Kong Foundation.                                                                                                             9 9
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