Browsing: Hong Kong

HOS projects to provide more than 4,800 flats this year

Six Home Ownership Scheme estates will be sold this year, providing 4,871 flats priced at 59 percent of market level, with the cheapest one being a 275-square-foot flat in Ma On Shan at HK$1.56 million. The


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Sites chosen for green form homes

The Housing Authority today announced its decision to convert two public rental housing developments in Chai Wan and Tsing Yi for use and sale under the Green Form Subsidised Home Ownership (GSH) Scheme 2019. Its Chai Wan


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Building debris to help create Lantau offshore artificial island

Development Secretary Michael Wong sought to play down concerns today that a shortage of marine sand would push up the cost for a massive reclamation plan in waters off Lantau Island. The first phase of the


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HK$58.7b surplus predicted

Financial Secretary Paul Chan revised the estimates for 2018-19, with a surplus of $58.7 billion predicted. Unveiling his 2019-20 Budget at the Legislative Council today, Mr Chan said the revised estimate for government revenue in 2018-19


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Hong Kong sees boosts in land supply

The Government will ensure that adequate resources are provided to support fully the short, medium and long-term measures to increase land and housing supply. Unveiling his 2019-20 Budget at the Legislative Council today, Financial Secretary Paul


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Chief Executive receives rail inquiry interim report

The Shatin to Central Link inquiry commission today submitted an interim report to the Chief Executive. The report covers the commission’s original terms of reference, which concerns the diaphragm wall and platform slab construction works at


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Lantau site sold

The tender for a Lantau site has been awarded on a 50-year land grant at a premium of $1.13 billion, the Lands Department announced today. The site at South Lantau Road, Cheung Sha was awarded to


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Sewage bypass planned for March

The Drainage Services Department today announced it will complete the second stage of maintenance works for the Stonecutters Island Sewage Treatment Works in March, which requires a partial bypass of treated sewage into Victoria Harbour. The


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Gov’t endorses land supply options

The Government fully endorses the eight land supply options proposed by the Task Force on Land Supply to address land shortage in Hong Kong. Secretary for Development Michael Wong today held a press conference on the


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Rail inquiry scope expanded

The Chief Executive in Council today approved the expansion of the terms of reference for the rail inquiry team following the recent discovery of additional construction problems at the Shatin to Central Link. The Commission of Inquiry


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