MTR CORPORATION(HK:00066) Zhong Guo Xin Wen Wang·2025-10-10 00:58Group 1 - The Hong Kong government plans to auction a residential site in Jordan Valley, Kowloon, which can provide approximately 570 units in the third quarter of the fiscal year 2025 (October to December) [1] - In addition to the auction, the Hong Kong Railway Corporation has begun bidding for a property development project in Tuen Mun District 16, offering around 1280 units [1] - A total of eight private development and redevelopment projects are expected to complete land administrative procedures in the third quarter, providing about 4570 units, with two larger projects located in the Hung Shui Kiu/Ha Tsuen New Development Area and Sheung Shui [1] - The Secretary for Development, Ning Hanhao, indicated that the total private housing land supply for the first three quarters of this fiscal year is expected to reach approximately 12430 units, which is 94% of the annual supply target [1] - Recent recovery in the residential property market, along with the U.S. resuming interest rate cuts, has boosted market confidence, making the government's land sale initiative timely [1] Group 2 - The Vice President of the Unity Hong Kong Foundation, Ye Wenqi, suggested extending the "infrastructure first" principle from Hung Shui Kiu to other areas, with the government leading investments in capital-intensive major transportation projects to enhance investment visibility and land attractiveness [2]