Browsing: Hong Kong

Land resumption to boost supply

Chief Executive Carrie Lam today announced in her Policy Address that the Government will expedite its planning work and resume three types of private land wholly for developing public housing and Starter Homes. The three types


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Hong Kong’s construction workers to be impacted by salary freeze

The Hong Kong Construction Industry Employees General Union proposed for salary for construction workers to be frozen next month. This is the first time that salaries will not be adjusted upwards in the last 10 years.


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13 land transactions in Q3

The Lands Department registered 12 lease modifications and one land exchange in the Land Registry during the quarter ending September, of which six were technical changes involving nil premium. Five transactions were on Hong Kong Island,


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9 pre-sale consents issued

The Lands Department issued nine pre-sale consents for residential developments in the third quarter of the year. They were issued for eight residential developments, involving 4,101 units. Three developments in Mid-Levels East, Sham Shui Po and


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Cavern plan to free up and expand city’s land resources

The Government is actively exploring sustainable and innovative approaches to expand the city’s land resources. One viable source of land supply is rock cavern development. The relocation of suitable existing government facilities to caverns can release


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Balfour Beatty JV awarded HK$4.75 billion manufacturing facility contract

Balfour Beatty today announces that its 50:50 joint venture, Gammon Construction, has been awarded a HK$4.75 billion (c. £490 million) contract to deliver an Advanced Manufacturing Centre (AMC) on behalf of the Hong Kong Science &


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Land resumption notices posted

The Lands Department today posted notices of land resumption for the first phase development of the new development areas of Kwu Tung North and Fanling North. A total of 784 private lots with an area of


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Tenders for Kai Tak site rejected

The Government rejected all five tenders received for the purchase of a non-industrial site in Kai Tak, the Lands Department announced today. It said the tendered premiums did not meet the Government’s reserve price for the


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Two sites to provide 980 flats

The Government will sell by tender two residential sites capable of providing around 980 flats in its land sale programme from October to December. Announcing the land sale programme for the next quarter, Secretary for Development


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21 building plans approved in July

The Buildings Department approved 21 building plans in July – five on Hong Kong Island, seven in Kowloon and nine in the New Territories. Of the approved plans, nine were for apartment and apartment-commercial developments, seven


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