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  1. News - Hong Kong - DEVELOPMENT

    Property developers in legal threat over new-towns land plan

    Posted Sep 28th 2012, 12:00am

    ... by the government earlier. In the eight-page submission, Reda focused its objections on the change of development approach. Louis Loong Hon-biu, secretary general of the association, referred to the Lands ... towns. Developers whose land was acquired received a letter of exchange so they could redeem their loss of development rights elsewhere. Reda said the government, in proposing the method ...

    http://www.scmp.com/news/hong-kong/article/1048881/property-developers-legal-threat-over-new-towns-land-plan

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