• Sat
  • Dec 20, 2014
  • Updated: 11:44pm

Shaping the City of Sadness

PUBLISHED : Monday, 06 December, 2010, 12:00am
UPDATED : Monday, 06 December, 2010, 12:00am

1977 Special Committee on Land Production recommends government study feasibility of developing Tin Shui Wai.

1979 Mightycity, a consortium owned mainly by China Resources and Cheung Kong, acquires fish ponds and farmlands in Tin Shui Wai

1980 Mightycity approaches government to develop new town of about 535,000 people in Tin Shui Wai. Government regards proposal as inappropriate.

1982 Government and Mightycity sign joint venture agreement in July where government buys back all 488 hectares lands in Tin Shui Wai for HK$2.3 billion and grants 38.8 hectares back to Mightcity at HK$800 million for private residential development.

1986 Cheung Kong raises stake in Mightcity to 44.5% from 14.5%

1987 Mightycity sues government for not delivering 38 hectares on time.

1988 Cheung Kong and Li Ka-shing hold 48.25% and 0.75% shares of Mightycity, respectively. Cheung Kong appointed as the project manager by Mightcity to develop Kingswood Villas

1989 The government hands over 38.8 hectares to Mightcity

1992 Court case dismissed

1992 Tin Yiu Estate, the first public housing estate in Tin Shui Wai, completed.

1995 Master development plan for 319-hectare reserve zone in Tin Shui Wai north endorsed.

1998 Latest outline zoning plan for Tin Shui Wai approved.

91-99 A total of 58 blocks, 15,808 flats, in Kingswood Villas completed in seven phases.

2004 31-year-old woman and six-year old twin daughters chopped to death in Tin Heng Estate by jobless father, who then commits suicide.

2006 Three women, in their thirties, found dead in suicide pact in Tin Wah Estate.

2007 36-year old mother throws 12-year old daughter and 9-year old son from apartment in Tin Yiu Estate before leaping to her death.

SOURCES: A STUDY OF TIN SHUI WAI NEW TOWN BY THE UNIVERSITY OF HONG KONG, CHEUNG KONG (HOLDINGS) ANNUAL REPORTS, HIGH COURT JUDGMENT OF THE CASE TIN SHUI WAI DEVELOPMENT LIMITED V. THE ATTORNEY GENERAL

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