Medium-Capacity Rail Transport System
The MTR has warned of slower customer growth this year, although transport earnings should still benefit from a 5.4 per cent fare increase that is due to be introduced later this year.Friday, 4 May, 2012, 12:00am
The Court of First Instance has thrown out a man's attempt to halt construction of the new MTR South Island Line, branding it an abuse of process and ordering him to pay HK$95,000 in costs.13 Oct 2011 - 12:00am
The government yesterday gave MTR Corp the right to develop big residential properties on two premium sites, at an estimated cost of more than HK$88 billion, along the routes of the planned South Island Line and Kwun Tong Extension.
The development rights are meant to help fund the HK$17.7 billion cost of building the new train routes.19 May 2011 - 12:00am
The long-awaited South Island Line (East) rail link is estimated to cost as much as HK$12.6 billion, an 80 per cent jump from the estimate when it was proposed in 2007.1 Dec 2010 - 12:00am
The HK$7 billion budget for building the South Island Line (East) may blow out by up to 55 per cent due to big rises in the price of construction materials, the MTR Corporation says.
This means the cost of the four-year railway project, due to be launched next year, could be as high as HK$10.8 billion.27 Sep 2010 - 12:00am
The government and the MTR Corporation are proposing to build 4,700 private residential flats on the site of the former public Wong Chuk Hang Estate, but the project's proposed building height has been opposed by district councillors there.25 May 2010 - 12:00am
Hong Kong's controversial high-speed rail project risks exceeding its HK$66.9 billion budget and five-year construction timetable, industry experts warn.18 May 2010 - 12:00am
A 220,000 square foot platform reserved for the Airport Express at Hong Kong station - almost as big as three soccer pitches - has been left unused for 11 years beneath prime real estate in Central.
The MTR Corporation says it was built 'for future development' of the railway as passenger numbers grew but still has no plan for when it will be put into service.13 Nov 2009 - 12:00am
Should the South Island Line be put underground?
We refer to the report 'Holy men join growing row over MTR viaduct', September 21, and recognise the importance of the MTR South Island Line. It will help alleviate traffic congestion, promote tourism and lead to urban renewal and economic development.24 Sep 2009 - 12:00am
The scheme for the seven-kilometre-long South Island Line (East) was gazetted by the government yesterday. Work on the proposed railway line is expected to last from 2011 to 2015, and the service is expected to help reduce traffic in Southern District, particularly at the Aberdeen Tunnel.25 Jul 2009 - 12:00am
South Island rail draft due out soon
Happy Valley has lost the latest round of its battle to convince the government to give it a station on the MTR's South Island line.
Draft plans for the line, which will be published by mid-year, would not include a Happy Valley stop, a senior government source said yesterday.14 Jan 2009 - 12:00am
The MTR Corp says planning and design work on its South Island line has found that adding a station at Happy Valley would cause traffic chaos for residents and be much more expensive and time consuming than previously thought.30 Apr 2008 - 12:00am
Henderson Land Development has joined the clamour for the government to drop its proposal to grant development rights over precious sites to MTR Corp to help finance the HK$7 billion South Island Line.
Tony Tse Wai-chuen, the general manager for sales at Henderson Land, said it would be fairer to offer the sites for public tender or auction instead.11 Jan 2008 - 12:00am
The Jockey Club will have to put up HK$1.3 billion if it wants a South Island Line station on its doorstep.20 Dec 2007 - 12:00am
Exco split on Happy Valley station
The Executive Council has given approval for the long-awaited South Island (East) railway line but members remain divided over whether it should include a station at Happy Valley, sources say.19 Dec 2007 - 12:00am