Browsing: Hong Kong

93K flats forecast

The projected private flat supply for the next three to four years is 93,000 units, unchanged from the previous estimate. The Transport & Housing Bureau today said there were 9,000 unsold units in completed projects at


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MTRC accused of incompetence while Leighton denounced for arrogance

A lawyer for the government has accused the MTR Corporation of incompetency and a construction firm of corporate arrogance, as final submissions are made to an inquiry looking into a safety scare at Hung Hom MTR


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Kai Tak site sold

The tender for a Kai Tak site has been awarded on a 50-year land grant at a premium of $11.26 billion, the Lands Department announced today. New Kowloon Inland Lot No. 6551 at Kai Tak Area


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Views sought on harbour front site

The Development Bureau today launched a sounding exercise to obtain market feedback on the viability of developing the Urban Park site at the Hung Hom harbourfront under a public-private sector partnership. Subject to the feedback, the


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Lantau site to be sold

A Lantau site in the 2018-19 Land Sale Programme will be sold by public tender, the Lands Department announced today. Lot No. 738 in Demarcation District No. 332 South Lantau Road, Cheung Sha, is designated for


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As cramped Hong Kong eyes $64 billion island-building plan, critics say developers are hoarding unused land

HONG KONG – Hong Kong’s government says it needs to build billions of dollars’ worth of artificial islands to give the city’s glittering skyline room to grow, but critics say developers are hoarding unused land that could


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Tokyo mulling complex with convention center on Tsukiji market site

The Tokyo metropolitan government is considering building a complex including a convention center on the site of the closed Tsukiji fish market, a source close to the matter said Wednesday. The Tokyo government will outline on


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25 building plans approved

The Buildings Department approved 25 building plans in November last year – five on Hong Kong Island, seven in Kowloon and 13 in the New Territories. Thirteen were for apartment and apartment/commercial developments, nine were for


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Sai Kung to get over 9000 Apartments

Sun Hung Kai Properties (SHKP), one of the city’s biggest housebuilders, has reached an agreement with Hong Kong’s government to build more than 4,700 villas and medium-rise flats on a converted piece of farmland in Sai


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Taiwan Water Corp eyes Java water project

Taiwan Water Corp Taiwater has signed a memorandum of understanding (MOU) to build a water purification plant in Indonesia based on a build-operate-transfer (BOT) model, the state-owned company said on Saturday last week. The new water


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