Planning board approves density increase plan
The Town Planning Board has approved an unnamed developer's aggressive plan to increase the development scale of its residential project in Fanling by 2.75 times.
Analysts considered the move a confirmation of a revised policy adopted by the planning board which allows higher density developments in selected New Territories areas. Located in an area opposite Tin Ping Shan and near Shek Wu San Tsuen, the project covers 2.38 hectares. With an original plot ratio as low as 0.8, the developer applied to lift the ratio to 3.128. It wanted to build six to seven blocks of residential towers of up to 33 storeys, providing 1,248 units.
The planning board yesterday approved a plot ratio of 3.0 for the development, which meant the developer could build up to 768,000 square feet of residential floor area with a building height of up to 20 storeys. The substantial gain in density is allowed because the project falls within the Fanling North area, which is under a Government study to be upgraded as a higher density new town. Last year, the Planning Department decided to upgrade three areas as 'green cities' with higher density developments to be allowed within such cities.