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  • September 17, 2014
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  1. News - Hong Kong - DEVELOPMENT

    Chuk Yuen villagers' delay bid could hit border project deadline

    Posted Sep 12th 2014, 02:42am by FANNY W. Y. FUNG

    ... Fanny W. Y. Fung fanny.fung@scmp.com Chuk Yuen residents ask for more time to relocate for multibillion-dollar development Bid to delay village move may hit checkpoint deadline ... in their relocation date. The villagers of Chuk Yuen, in Ta Kwu Ling, were due to move en masse to a new village built 500 metres to the southeast last year- but they have already had the date put back ...

    http://www.scmp.com/news/hong-kong/article/1590221/chuk-yuen-villagers-delay-bid-could-hit-border-project-deadline
  2. News - Hong Kong - DEVELOPMENT

    Chuk Yuen border village balances on the edge of change

    Posted Sep 12th 2014, 03:38am by FANNY W. Y. FUNG

    ... of the Shenzhen River. It's not just the farmland and backyards that are disappearing, but the integrated setting, where indigenous homes nestle with non-indigenous ones. In the new village, the 42 ... everyone just minds their own business." Yiu, who is treated as a non-indigenous household member under the patriarchal system in the rural New Territories, said the relocation process ...

    http://www.scmp.com/news/hong-kong/article/1590363/chuk-yuen-border-village-balances-edge-change
  3. News - Hong Kong - DEVELOPMENT

    Plan to build flats on site earmarked for Science Park growth put on hold

    Posted Sep 06th 2014, 05:02am by FANNY FUNG

    ... Leung Chun-ying's effort to build 470,000 new flats in a decade. Now the government wants to sell the land for a medium-density private residential development with 3,380 flats. ... growth until 2018. Soh Chun-kwok, the district planning officer, said the government had other sites for technology companies, citing the planned new towns in Kwu Tung North and Hung Shui Kiu ...

    http://www.scmp.com/news/hong-kong/article/1586166/plan-build-flats-site-earmarked-science-park-growth-put-hold
  4. News - Hong Kong - DEVELOPMENT

    Official in lands row to get new posting

    Posted Aug 08th 2014, 05:28am by Olga Wong, FANNY W. Y. FUNG

    ... Olga Wong and Fanny W. Y. Fung Supervisor who bought farmland in area now under her jurisdiction and next to planned new town is to be transferred within Lands Department Official in lands row to get new posting The senior lands official caught in a conflict-of-interest row over a land purchase is to be moved to a new post, away from the area of controversy, the Lands Department ...

    http://www.scmp.com/news/hong-kong/article/1568719/official-lands-row-get-new-posting
  5. News - China - DEVELOPMENT

    State Council kicks off drafting of next five-year plan

    Posted Sep 05th 2014, 03:36am by STAFF

    ... understand the profound changes taking place at the global level, as well as the challenges China faced in its new stage of development. The premier said the government would encourage more ...

    http://www.scmp.com/news/china/article/1585425/state-council-kicks-drafting-next-five-year-plan
  6. News - Hong Kong - DEVELOPMENT

    Consortium of Sino Land, Chinese Estates Holdings wins deal to redevelop Kwun Tong

    Posted Sep 02nd 2014, 04:03am by Sandy Li

    ... other tenders, from Cheung Kong; Henderson Land Development; Sun Hung Kai Properties; Great Eagle and another consortium of Wheelock Properties, Nan Fung Development and New World Development. ... by dropping the HK$8 billion entry fee. The new terms allowed the winning developer to propose how much it was prepared to pay for the entry fee plus profit-sharing. The Sino-Chinese Estates ...

    http://www.scmp.com/news/hong-kong/article/1583161/consortium-sino-land-chinese-estates-holdings-wins-deal-redevelop
  7. 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

    ... and Chinese Estates, and a consortium of Wheelock Properties, Nan Fung Development and New World Development. Only four developers, including SHKP, Cheung Kong and Wheelock Properties, made bids last ... for tender this year, a failure by the URA to award the site to a developer would have put a big dent in the government's target for building new homes. The authority was forced to remove its ...

    http://www.scmp.com/property/hong-kong-china/article/1581002/more-bidders-big-kwun-tong-redevelopment-after-ura-eases
  8. Property - Hong Kong & China - DEVELOPMENT

    Hong Kong needs master plan for urban development, architect says

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

    ... of the new living area." However, overcrowding in old districts is the most difficult problem to solve, he said. "It takes time to change," Lu said. "For example, it took New York more than 10 years to develop High Line [a 1.5-kilometre linear park built on the elevated former New York Central Railroad] and the Meatpacking district [a newly popular district on the west ...

    http://www.scmp.com/property/hong-kong-china/article/1556972/hong-kong-needs-master-plan-urban-development-architect
  9. News - Hong Kong - DEVELOPMENT

    New town in northeast New Territories threatens businesses and jobs

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

    ... the northeastern New Territories and Tung Chung- including sites to be rezoned in the next few years. That area would be 30 times the size of Taikoo Shing, and provide industrial space 73 times the size ... Olga Wong olga.wong@scmp.com New town in northeast NT will condemn businesses, as well as squatters, to an uncertain fate There goes the livelihood If a new town is built in Kwu Tung ...

    http://www.scmp.com/news/hong-kong/article/1548174/new-town-northeast-new-territories-threatens-businesses-and-jobs
  10. 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

    ... leaders from five emerging economies celebrated the birth of a new bank on the block. The New Development Bank is intended to rival Western-led financial institutions and become a more sympathetic ... chairman of the board of directors chosen by Brazil. It takes a long time and intense negotiation for such issues to be settled Oliver Rui, finance professor According to a People's Bank ...

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

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