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  • September 1, 2014
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  1. Property - Hong Kong & China - DEVELOPMENT

    More bidders for big Kwun Tong redevelopment after URA eases terms

    Posted Aug 26th 2014, 11:41pm by Yvonne Liu

    ... the URA lowered the threshold by removing the HK$8 billion requirement." Leung said he thought developers would submit better offers than the first time around but none higher than HK$8 ... It means developers have to bear a higher investment risk and higher construction costs." The Kwun Tong redevelopment is the largest project undertaken by the URA. It covers more than 5.35 ...

  2. News - Hong Kong - DEVELOPMENT

    Tung Chung expansion to focus on the east

    Posted Aug 16th 2014, 02:57am by FANNY FUNG

    ... Chung." Green Power scientist Dr Cheng Luk-ki, said a higher density development was preferable given that there was convincing demand for the proposal. However, he warned that the plan to move ...

  3. News - Hong Kong - DEVELOPMENT

    URA set to think big after rare deficit

    Posted Jun 18th 2014, 02:54am by Olga Wong

    ... board indicated it would move towards bigger schemes in general. If the authority came up with a comprehensive redevelopment plan for a large site, the Planning Department might allow a higher ... support. "The government gains when a community is improved with buildings of higher value," the Democratic Party lawmaker said. "Higher rates and stamp duties … will eventually ...

  4. News - Hong Kong - DEVELOPMENT

    Evicted father threatens to jump

    Posted Jun 13th 2014, 04:48am by Olga Wong

    ... an equivalent new flat, as the URA has offered owners for projects launched since 2011. At HK$7,400 per square foot, the price is 50 per cent higher than the HK$5,000 offered in 2006. Authority sources ...

  5. News - Hong Kong - DEVELOPMENT

    West Kowloon arts hub operational plan for venues revealed

    Posted May 28th 2014, 04:19am by Vivienne Chow

    ... Architects and Ronald Lu and Partners, will feature a 1,100-seat theatre and a 200-seat tea house plus educational facilities and a retail and dining area. Yu said that besides Chinese opera, ...

  6. News - China - DEVELOPMENT

    Hebei cities poised to ease burden on Beijing, become its satellites

    Posted Mar 27th 2014, 11:43pm by Andrea Chen

    ... of 10.17 million, should host some branches of Beijing's administrative departments, hospitals, and higher education and research institutes, to co-ordinate the development of the Jing-Jin-Ji ... prices higher. Baoding, described as the "south gate of Beijing" on its official website, has seen its standing rise and wane over the decades. It has 3,000 years of history, and housed ...

  7. News - Hong Kong - DEVELOPMENT

    60-metre-high Ferris wheel to open in September at HK$100 per trip

    Posted May 17th 2014, 04:02am by AMY NIP AND SUZANNE VAN DER ERF

    ... of 2,740 a day. "A soft launch of the project will take place in September to build awareness and anticipation. A higher-profile 'launch' will, thereafter, be carried out ...

  8. News - Hong Kong - DEVELOPMENT

    Build eco-tourism resort on Lamma, not tower blocks: conservationists

    Posted May 13th 2014, 03:51am by FANNY W. Y. FUNG

    ... and it could threaten the area's ecology. The Eco-education and Resources Centre and the South Lamma Concern Group say they have collected 6,000 signatures from hikers on the island in favour ...

  9. News - Hong Kong - DEVELOPMENT

    Housing chief admits land shortfall in plan to build 200,000 public rental flats

    Posted May 05th 2014, 01:59pm by SAMUEL CHAN

    ... long-term forecast has its limits, and due to constraints in [research] methods, making a forecast in 2012 on what happens eight years later may result in a higher chance of inaccuracy,” Cheung said ...

  10. News - Hong Kong - DEVELOPMENT

    Rail delay rocks culture hub plan

    Posted Apr 17th 2014, 04:01am by ADA LEE AND VIVIENNE CHOW

    ... higher than expected and would therefore take longer to excavate. Progress was also slowed by boulders and uncharted utilities. The performance centre was expected to be completed after 2018 ...




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