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  • July 31, 2014
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  1. News - Hong Kong - DEVELOPMENT

    Longer wait for flats on the cards amid building shortfall

    Posted Jul 24th 2014, 04:57am by FANNY W. Y. FUNG

    ... use often face opposition … There is a long consultation process." Increased rainfall and a construction labour shortage also contributed to the delays, he said. Wong said the authority would probably "briefly deviate from the targeted waiting time" of three years from the date of application. But he insisted it would be able to catch up in the coming two years. ...

    http://www.scmp.com/news/hong-kong/article/1557701/expect-longer-waits-flats-amid-shortfall-well-catch-soon-says-housing
  2. Property - Hong Kong & China - DEVELOPMENT

    Hong Kong needs master plan for urban development, architect says

    Posted Jul 22nd 2014, 03:19pm by Yvonne Liu

    ... the natural ventilation in a high-density area," Lu said. The Planning Department conducted a study of ventilation in Hong Kong, he said, and the results should have been taken into consideration ... ways to avoid such isolation." The Central and Wan Chai Reclamation area has shown how this can work, he said. Since the reclaimed land in the area is above the underground transport ...

    http://www.scmp.com/property/hong-kong-china/article/1556972/hong-kong-needs-master-plan-urban-development-architect
  3. Business - Banking & Finance - DEVELOPMENT

    Competing interests between BRICS nations could lead to challenges for new bank: analysts

    Posted Jul 21st 2014, 03:18am by Daniel Ren, Teddy Ng, KRISTINE KWOK

    ... negotiation for such issues to be settled," Rui said. "It's not easy at all." But he said such questions would not prevent the bank from providing financing to developing nations. ... US$50 billion could only fund five to six projects in China," he said. The existing international development financing system is centred on the World Bank and the International Monetary ...

    http://www.scmp.com/business/banking-finance/article/1556937/new-brics-bank-face-tough-challenges-analysts-say
  4. News - China - DEVELOPMENT

    Xi Jinping hails 'new horizons' for China and Argentina on visit to Buenos Aires

    Posted Jul 20th 2014, 06:13am by Reuters

    ... "Our two countries find themselves at a historic crossroads," Xi said as he met Vice-President Amado Boudou and the heads of both chambers of Argentina's legislature. And he told ...

    http://www.scmp.com/news/china/article/1556670/xi-jinping-hails-new-horizons-china-and-argentina-visit-buenos-aires
  5. News - Hong Kong - DEVELOPMENT

    Tribunals to speed up stalled land negotiations

    Posted Jul 15th 2014, 04:29am by Olga Wong

    ... the proposed premium will be arrived at. "Developers hoping to minimise risks might adopt a wait-and-see approach until precedents are set," he said. The Real Estate Developers Association ...

    http://www.scmp.com/news/hong-kong/article/1554255/tribunals-speed-stalled-land-negotiations
  6. News - Hong Kong - DEVELOPMENT

    New town in northeast New Territories threatens businesses and jobs

    Posted Jul 07th 2014, 05:43am by Olga Wong

    ... compensation. He said he had not received a specific offer. The government has not committed to providing the factory a new site, and would not disclose the amount of compensation offered. Yuet ... we don't know what options will be offered by the government," he said. The Kwu Tung development project is one of several in the works. Kwu Tung's residents were the first ...

    http://www.scmp.com/news/hong-kong/article/1548174/new-town-northeast-new-territories-threatens-businesses-and-jobs
  7. News - Hong Kong - DEVELOPMENT

    Non-indigenous villagers lose out in compensation for loss of their homes

    Posted Jul 07th 2014, 05:43am by Olga Wong

    ... people live there, including grandchildren, and he raises livestock. He says the government offered him about HK$1,000 per square foot. "For the small sum we can't really afford a flat in this area," he said. Private developers hold at least 70 hectares of the 168 hectares of residential land that would be subsumed in the proposed Kwu Tung new town development, according ...

    http://www.scmp.com/news/hong-kong/article/1548175/non-indigenous-villagers-lose-out-compensation-loss-their-homes
  8. News - Hong Kong - DEVELOPMENT

    New towns plan: hearing could last 2.5 years

    Posted Jul 04th 2014, 04:03am by Olga Wong

    ... Stanley Wong Yuen-fai. Wong said he did not want to see rules tightened due to the number of objections. "We should treasure the liberal process and it shouldn't be tightened just because of the large number of opposite views," he said. Board members will be asked to decide today whether the public comments should be considered individually or collectively. Wong urged ...

    http://www.scmp.com/news/hong-kong/article/1545997/new-towns-plan-hearing-could-last-25-years
  9. News - Hong Kong - DEVELOPMENT

    Tai O's stilt houses safe despite new zoning, say planning officials

    Posted Jul 05th 2014, 03:14am by FANNY W. Y. FUNG

    ... Office and they said they had not reached a conclusion yet on the built heritage policy, so they did not object," he said at the Town Planning Board. Director of Lands Bernadette Linn said ...

    http://www.scmp.com/news/hong-kong/article/1546785/tai-os-stilt-houses-safe-despite-new-zoning-say-planning-officials
  10. News - Hong Kong - DEVELOPMENT

    Speed of construction is draw of the mainland for Hong Kong architects

    Posted Jul 03rd 2014, 03:26am by SHIRLEY ZHAO

    ... Qianhai special economic zone. Barrie Ho Chow-lai's company received an offer from Qianhai officials in February to design a centre for start-up businesses. He expects the 580,000 sq ft ... world because everything is too fast," he says. Ho's Shenzhen project, the Qianhai-Hong Kong Youth Innovation and Entrepreneur Hub, is intended as a base for start-ups by entrepreneurs ...

    http://www.scmp.com/news/hong-kong/article/1545080/speed-construction-draw-mainland-hong-kong-architects

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