COMMENTARY

Hong Kong 2030+

Under the vision-driven and capacity-creation approach of Hong Kong 2030+—a conceptual spatial framework that focuses development in one metropolitan business core—two strategic growth areas (SGAs) and three development axes are proposed. This framework is essential to satisfy our projected and foreseeable land requirements for housing, economic and other social needs.

Future space solutions
With decreasing persons per flat and displacement of residents from old buildings due to redevelopment, the existing housing stock and planned new supply can only accommodate about 8 million people. Against the Census and Statistics Department’s projected peak population of 8.22 million in 2043 under the baseline projections*, there will still be a significant shortfall that needs to be met. Hence, the proposed SGAs should not be regarded only as buffers but essential solution spaces to meet our future demand for housing and other uses.

Should all the committed and planned developments and two SGAs be fully implemented, the maximum housing capacity that could be generated under the proposed conceptual spatial framework is about 9 million in terms of population. We would like to reiterate that it is not our population target, but the maximum housing capacity that could be generated under the proposed framework based on a number of assumptions. 

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