Browsing: Hong Kong

Tuen Mun site sold

The tender for a Tuen Mun site has been awarded on a 50-year land grant for a premium of $83.19 million, the Lands Department announced today. The site, located at Lot No. 2883 in Demarcation District


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Hong Kong: 23 building plans approved

The Buildings Department approved 23 building plans in August – six on Hong Kong Island, five in Kowloon and 12 in the New Territories. Eleven were for apartment and apartment-commercial developments, eight for commercial developments, one


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Hong Kong plans huge infrastructure drive

Financial Secretary Paul Chan Mo-po said in a forum that Hong Kong will invest US$30 billion (HK$235.23 billion) annually in infrastructure in the next five years, focusing on developing properties, hospitals, and transportations. Also, he supported


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Consortium targets Yau Tong Bay plot

A consortium of Hong Kong property firms led by Henderson Land is in talks with banks to raise about HK$46 billion via bonds and loans to fund a residential project in Yau Tong Bay, according to


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Lantau artificial island plan plan remains on course, says Dev secretary

Secretary for Development Michael Wong Wai-lun said as he confirmed the government will press ahead with the controversial Lantau artificial island plan. He said the government will apply for funding for preliminary research early next year.


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Tenders for Peak site rejected

The Government has rejected all five tenders received for the purchase of a residential site at the Peak, the Lands Department has announced. It said the tendered premiums did not meet the Government’s reserve price for


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19 land transactions in Q3

The Lands Department registered 16 lease modifications and three land exchanges in the Land Registry during the quarter ending September, of which 11 were technical changes involving nil premium. Eleven transactions were on Hong Kong Island, five


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Hong Kong’s Development hinges on land supply

Chief Executive Carrie Lam today outlined measures to tackle the issue of land supply in her Policy Address. These include speeding up studies on brownfield sites in the New Territories and making arrangements for reprovisioning existing


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Lantau a development priority for HK Gov’t

The Chief Executive has outlined the Government’s vision for the development of Lantau in her Policy Address. Mrs Lam noted with the commissioning of the Hong Kong-Zhuhai-Macao Bridge, the transport connectivity between Hong Kong and other


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Hong Kong: Sanctions imposed on contractors

The Development Bureau has taken regulating actions against the contractors concerned for construction issues associated with Hung Hom Station, To Kwa Wan Station and Exhibition Centre Station under the Sha Tin to Central Link Project. The


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