Page 4 - Eng_Land&Housing_Report_2021_summary
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The hope to shorten public rental                         Unlock the short, medium, and long
               housing waiting time is still alive                       term housing supply in tandem,
                                                                         break through and lay the foundation
               As of the end of September 2021, general applicants for public   for the future
               rental housing have reached 153,700, with an average waiting time
               of 5.9 years (Housing Authority, 2021).
                                                                         Whether it is to fill the past supply gaps in the short term, or to facilitate
               After reviewing each of the public and private housing project    long-term land development projects such as the Northern Metropolis
               expected to be completed between 2026 and 2030, we found that   and the Lantau Tomorrow Vision, these efforts may eventually be
               approximately 123,000 units are at the later stages of    shelved in the endless process of “study after study, consultation after
               development and have the potential to be brought forward to   consultation” under the current cumbersome development cycle, if the
               complete in 2025 or earlier. This involves approximately 22,000 units   Government is to continue with business as usual. Hong Kong people
               from private housing projects. To accelerate project commencement   already live in dire straits, and can no longer bear the endless debates
               and construction, we recommend to suitably relax the importation of   and excuses. The public urgently needs a clear direction and the
               professional labour and streamline the building plan vetting and   commitment to the way forward.
               approval process. The remaining 101,000 units are from public housing
               projects, of which approximately 15,000 units are in the planning and   To reverse this situation, the Government must significantly streamline
               land administration process. We recommend accelerating the land   the current development procedures, clarify supply targets, enhance
               resumption and clearing works and proceed with the detailed design   high-level steering, and make every effort to shorten the housing
               and site formation of the remaining phases of a New Development Area   development cycle. There is no better time than now to push for
               (NDA) in parallel. The other 86,000 units are in the site formation and   reform. We must turn the tide, to overcome the social dilemma of
               design process. We recommend to reintroduce the Private Sector   largely ignoring the short term supply and losing confidence in the
               Participation Scheme (PSPS) and popularise the applications of   medium to long term supply.
               Modular Integrated Construction (MiC) to enhance construction
               efficiency.
               If the recommendations in this report are adopted, and if 100,000
               public housing units can be completed by 2025, we estimate that
               the number of public rental housing general applicants will be
               reduced to less than 100,000 by 2026, and the average waiting
               time will be reduced to 3.7 years.





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