1. Is Hong Kong Running Out of Land? Hong Kong Institute of Architects C Y Leung www.cyleung.hk 17 December 2010

2. Housing Stock ('000 units, As at 2008) 2 Net Area (sq. m) A: Public Rental B: Subsidized Sale C: Private A+B+CPercentage Cumulative Percentage <405881513521,09143.4% 40-59.91404884211,04841.7%85.1% 60-69.9 -631101726.8%91.9% 15% 70-99.9 - -125 5.0%96.9% 8.1% >100 - -79 3.1%100.0% Total7287011,0872,516 100.0% Sources: Housing Authority; Rating and Valuation Department

3. Housing – Better Space Standards 3  1.091 million units to be enlarged by 10 sq.m each = 10.91million sq.m, or larger than the size of our existing office stock, requiring news sites of a total area larger than the present total office site area..  At a plot ratio of 5:1, = 2.2 million sq.m of net developable site area needed.

4. Distribution of Private Residential Units by Monthly Domestic Household Rent Source: 2006 Population By-census 500 – 9993,951 1,000 – 1,99924,146 2,000 – 2,99923,584 3,000 – 4,99960,808 5,000 – 9,99977,761 10,000 – 14,99921,119 15,000 – 19,9999,504 ≥ 20,00020,693

5. Vacancy Rates 2009 5  Offices:10.3%  Flatted Factories:8.0%

6. 港島中環 A Teaser - The Frontier Closed Area

7. 7  Is Hong Kong Running out of Land?