Thirteen public works projects will be affected by the looming liquidation of one of Hong Kong’s largest construction firms, Paul Y Engineering Group, authorities have revealed, while saying the impact is manageable. The government said on Friday that it was prepared for the failure of the group, which had recently applied to the court to…
A lawmaker has called for existing land and property owners in Hong Kong to be allowed to join a new title deeds registration system proposed by the government, with a consultant expecting lower legal fees for real estate transactions when the process begins in two years’ time. Lawmaker Edward Lau Kwok-fan said on Tuesday the…
Hong Kong authorities will speed up the approval of private construction projects and related foundational works that have already been allocated funding to prevent the industry from shrinking. The government announced the new measures on Friday amid concerns from the construction and architectural sectors that repeated failed land bids had prompted some firms to lay…
About 30 more rocks containing dinosaur fossils have been found on a remote island off the northern part of Hong Kong, just two months after the first such discovery was revealed. Authorities also said that Port Island, where the fossils were found, would reopen to the public on Thursday. But the government warned visitors against…
About 30 more rocks containing dinosaur fossils have been found on a remote island off the northern part of Hong Kong, just two months after the first such discovery was made. Authorities also announced that Port Island, where the fossils were found, would reopen to the public on Thursday. But the government warned visitors against…
The Hong Kong government will consult developers and make any necessary changes to its pilot scheme for developing large land parcels in the Northern Metropolis to better leverage market forces for the construction of the megaproject near the mainland China border. The Development Bureau announced details of plots earmarked for the land-disposal pilot scheme on…
The Hong Kong government will consult developers and make any necessary changes to its pilot scheme for developing large land parcels in the Northern Metropolis to better leverage market forces for the construction of the megaproject near the mainland China border. The Development Bureau announced details of plots earmarked for the land-disposal pilot scheme on…
Hong Kong should reassess its demand for land, taking into consideration structural economic changes and the government’s operating budget deficit, a leading finance policy adviser and a veteran surveyor said as the city leader dismissed his predecessor’s concerns about oversupply. Professor Liu Pak-wai, a director at the Hong Kong Institute of Monetary Research under the…
Hong Kong should reassess its demand for land, taking into consideration structural economic changes and the government’s operating budget deficit, a leading finance policy adviser and a veteran surveyor said as the city leader dismissed his predecessor’s concerns about oversupply. Professor Liu Pak-wai, a director at the Hong Kong Institute of Monetary Research under the…
Residents insist that a proposed research centre in their neighbourhood should be relocated unless it is downsized by 60 per cent after Hong Kong’s oldest university agreed to scale it down and adjust the design. Their calls followed an announcement by the University of Hong Kong (HKU) on Thursday night that it would scale back…