Browsing: Hong Kong

Cost of Guangzhou-HK-Shenzhen ERL project rise over 30% to HK$85.3 bil

The Government has expressed “grave concern” that the Guangzhou-Hong Kong-Shenzhen Express Rail Link project will incur cost overruns of more than 30%. According to the Mass Transit Railway Corporation’s latest assessment, which was submitted to the


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Express Rail Link estimate to be made available soon

The MTR Corporation will complete an estimate of the Express Rail Link project timetable and cost by the end of June, and it will be made public as soon as possible after it is received by the


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Gov’t Q2 land sale plan unveiled

The Government will sell by tender three residential sites and one business site in the second quarter, which can provide about 5,100 flats, Secretary for Development Paul Chan announced today. Meeting the media on the land


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Land supply target within reach

Secretary for Development Paul Chan says he expects this year’s land supply target can be reached, despite difficulties in rezoning land. Speaking to the media today, Mr Chan said it is understandable some people oppose rezoning


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Land advisory body members appointed

The Government has appointed the chairman and members of the Land & Development Advisory Committee for a new three-year term, from July 1. David Wong has been re-appointed as chairman. The other 20 non-official members, appointed on


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Cheung Chau site awarded to Moonlight Shadow Holdings

A residential site on Cheung Chau has been awarded to Moonlight Shadow Holdings on a 50-year land grant at a premium of $68.9 million, the Lands Department announced today. The site is Lot No.1872 in Demarcation


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Tuen Mun site tender awarded

The tender for Tuen Mun Town Lot No. 500 has been awarded to Fortune Choice Development Limited on a 50-year land grant at a premium of $3.63 billion, the Lands Department announced today. Fortune Choice’s parent


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Three historic Hong Kong buildings to be revitalised

Non-profit-making organisations have proposed revitalising three historic buildings under the fourth round of the Revitalising Historic Buildings Through Partnership Scheme. They are No. 12 School Street in Tai Hang, the Old Dairy Farm Senior Staff Quarters


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Views sought on Hong Kong port land use

The Government today released proposals and invited stakeholders’ views on measures to make better use of Kwai Tsing port back-up land to enhance Kwai Tsing Container Terminals’ cargo-handling capacity and operating efficiency. Findings of the Study


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Hong Kong: 16 building plans approved

The Buildings Department approved 16 building plans in April – five on Hong Kong Island, five in Kowloon and six in the New Territories. Eight were for apartment and apartment-commercial developments, three were for commercial developments


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