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Will the considerable housing supply from the
EELM plan cause a crash in the property market?

There are a number of factors affecting the property price. Although the EELM
could produce a considerable amount of housing supply, the government will
not be obliged to make these supply available to the market in one fell swoop. We
recommend the government to release these land and housing supply into
the market in batches in accordance to the actual demand dynamics.
Unnecessary fluctuation in the market should be avoided.

Release these land and
housing supply into the
market in batches

How liveable can the EELM be?

The 2,200-hectare EELM will enable us to reimagine urban design and the quality
of living. It could be green and socially inclusive, with communal facilities and
next-generation green solutions in place. These will include solar panels,
eco-shoreline design and a waste management system, among others.

Questions on
RECLAMATION

How should we view reclamation?

We oppose reclamation inside Victoria Harbour. However, under the current
context of severe land shortage and urgent social discontent built upon our
housing problem, we believe that society should take reclamation as a land
supply option seriously.
Since Hong Kong’s early days, we have always been limited by our hilly terrain, yet
we have always managed to source our land supply by reclamation. We have
developed new towns such as Tsuen Wan, Sha Tin, Tuen Mun and Tai Po in the
1970s, Tin Shui Wai and Tseung Kwan O in the 1980s, and Tung Chung in the
1990s. These examples of new towns are evidence that our urban development
has always been tied with reclamation.