The recently published Hong Kong Property Review 2012 indicates that private residential completion is expected to increase 25.8% from 2011 to 11,890 units in 2012, of which 54% will be in the New Territories. It is also reported that completion in 2013 will further increase to 14,930 units, of which 87% will be located in the New Territories.
     Completion of small to medium-sized residential units of less than 100 sq m will rise 6.6% year on year to 8,870 units, accounting for 74.6% of the total completion in 2012. In 2013, the figure will increase to13,590 and the proportion will go up to 91%.
     Completion of large residential units sized 100 sq m or above will surge 167.3% to 3,020 units in 2012, taking up 25.4% of the total completion. In 2013, the figure will fall to 1,340 units, while the ratio will also plunge to 9%. The review is published by the Rating and Valuation Department, Hong Kong SAR Government.