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NEWS

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Kai Tak Site To Be Sold

New Kowloon Inland Lot No. 6575 at Kai Tak Area 4B Site 2 is designated for private residential purposes. It has a site area of 9,048 sq m with a minimum and maximum gross floor area of 33,116 sq m and 55,192 sq m. The tender invitation for the lot will open on November 9 and close on December 21. ...more

Panel Recommends Safety Checks At More MTRC Station Projects

AN EXPERT PANEL HAS ASKED THE GOVERNMENT TO EXPAND SAFETY CHECKS TO STRUCTURES UNDER CONSTRUCTION AT TWO MORE STATIONS OF THE UPCOMING SHA TIN-TO-CENTRAL LINK OF THE MTR CORP The government-appointed panel of three retired officials said in their interim report that such checks be done not only at the troubled Hung Hom Station, but also at two other stops of the cross-harbour extension, RTHK reports. ...more

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. The 1,700-hectare artificial island plan has been at the center of controversy since its announcement in Chief Executive Carrie Lam Cheng Yuet-ngor’s policy address ...more

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 cities in the Greater Bay Area will be further improved, making Lantau a “Double Gateway” to the world and other Greater Bay Area cities. The Government will launch ...more

More Resources Devoted To Public Housing

Speaking to the media, Mr Wong said there is a huge shortage of public housing. “We think it is reasonable to devote more resources to public housing. We have done so, for example, by picking nine sites on Anderson Road and in Kai Tak. “Originally, those sites would be put in the Land Sale Programme, those sites will now be devoted to public housing. We think it is the right thing to do.” On whether ...more

Four Sites In Hong Kong To Provide 2,630 Flats

THE GOVERNMENT WILL SELL BY TENDER FOUR RESIDENTIAL SITES IN THE OCTOBER TO DECEMBER QUARTER, PROVIDING ABOUT 2,630 FLATS. One site is in Tai Po, one on Lantau, and two in Kai Tak. For the Tai Po site, the successful bidder will be required to develop a 100-place residential care home for the elderly. Including supply from private development and redevelopment projects, the total estimated number of ...more

21 Building Plans Approved

Twelve were for apartment and apartment-commercial developments, six for commercial developments, two for factory and industrial developments, and one for community services developments. Consent was given for works to start on eight building projects which will provide 107,100 sq m of gross floor area for domestic use involving 1,620 units, and 25,706 sq m of gross floor area for non-domestic use. ...more

Li Eyes UK Infrastructure IPO

VICTOR LI’S CK INFRASTRUCTURE HOLDINGS (1038), WHICH OWNS ENERGY AND WATER UTILITIES GLOBALLY, IS CONSIDERING LISTING SOME UK ASSETS THROUGH A LONDON INITIAL PUBLIC OFFERING. CK Infrastructure is speaking with investment banks about the listing of certain UK holdings through a potential multibillion-dollar fund, according to market sources. The company is still discussing the entity’s structure and ...more

Construction I&T Committee Formed

It will advise the Government on the fund’s effective utilisation to upgrade the local construction industry’s performance. The 2018-19 Budget has set aside $1 billion for establishing the fund to boost the capacities of enterprises and practitioners in the construction industry to adopt new technology, and support the industry to harness innovative technology. Secretary for Development Michael Wong ...more

Invitation to Tender for Development of URA’s Castle Peak Road/Un Chau Street Development Project

The Urban Renewal Authority (URA) today (Friday) invites a total of 37 property developers to tender for the development of the Castle Peak Road/Un Chau Street Development Project (the Project) in Sham Shui Po. The URA will provide the relevant tender documents to the invited property developers, based on which they can submit tenders for the development. All tender submissions should reach the URA ...more
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