Policy Address Development of Former Quarry Sites103. The statutory planning procedures for the ex-Cha Kwo Ling Kaolin Mine site and the Anderson Road Quarry site have been completed. The two development projects will provide over 11 000 residential units and over 25 000 square metres of commercial floor area. The aim is to have the units ready for occupation progressively from 2023 to 2024. Land Sale Programme104. In 2014-15, the Government sold 20 residential sites. Together with other sources of supply, about 21 200 private residential flats can be produced, exceeding the target of 18 800 set for the year and being a record high since 2010. 105. In 2015-16, a total of 16 residential sites were sold or will be put up for sale under the Land Sale Programme. Together with other private housing land, it is estimated that about 20 300 flats can be produced. This is higher than the target of 19 000 flats, and the second highest since 2010. 106. Since July 2012, the MTRCL has successfully tendered 13 railway property development projects, which will provide about 21 800 residential units. The Government is actively exploring with the MTRCL the development potential of stations and related sites along existing and future rail lines. The preliminary estimate is that such sites, including the Siu Ho Wan Depot in Lantau, can provide over 12 000 flats. 107. The Government will continue to increase private housing supply through a multi-pronged approach, which includes putting up land for sale and encouraging the MTRCL to take forward residential development projects.
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