Hong Kong authorities should immediately halt plans to build three artificial islands in waters off Lantau as the scheme may drive down bidding prices for land in the Northern Metropolis megaproject, a representative of the city’s major developers has said. Louis Loong Hon-biu, a lawmaker and also the secretary general of the Real Estate Developers…
As Hong Kong grapples with an estimated budget deficit of nearly HK$100 billion (US$12.8 billion), Financial Secretary Paul Chan Mo-po has urged government departments to tighten their purse strings ahead of announcing his annual budget on February 26. His call has sparked concerns among some observers about the possible impacts of budget cuts, including higher…
Expotainment, edutainment, sportainment – one has to use all sorts of hybrid words these days to heighten the excitement for a development project, just in case a good idea with good design is not sufficient. Airport Authority Hong Kong promised to deliver a world-class and premium experience when unveiling its “Skytopia” airport city development plan…
Beijing’s point man on Hong Kong affairs has called on property tycoons to back the government’s long-term development drives such as the Northern Metropolis by actively bidding for the projects involved, the city’s development minister has said. Secretary for Development Bernadette Linn Hon-ho on Saturday revealed the appeals by Xia Baolong, director of the Hong…
A debate between an ex-leader of Hong Kong and the current chief executive over land supply shows no signs of dying down, with the former urging the government to provide more comprehensive details of its planning for future development. Wednesday’s volley by former city leader Leung Chun-ying came a day after Chief Executive John Lee…