The unusual absence of a specific land premium payable in the latest tender document for a large residential site owned by MTR Corp in Tin Shui Wai signals the government’s desperation to achieve its housing target for this fiscal year.Wednesday, 1 January, 2014, 11:30am
Faulty design, defective material or poor workmanship could have caused the five-hour disruption on the MTR's Tseung Kwan O line on Monday, the railway company said yesterday.21 Dec 2013 - 7:51am 1 comment
MTR is still investigating the cause of the power failure which halted train services for five hours on Monday.17 Dec 2013 - 2:44pm
A power failure on the Tseung Kwan O line halted MTR services for nearly five hours yesterday, plunging the city's transport network into chaos.
A Yau Ma Tei-bound train broke down in a tunnel at 12.40pm, forcing about 150 passengers to walk on the track to Yau Tong station.17 Dec 2013 - 12:23pm 24 comments
More than 70 passengers were injured when a light-rail train left its tracks in Tin Shui Wai, Yuen Long, on Friday. It was the most serious derailment in the 25-year history of the transport system essential to the northwest New Territories.18 May 2013 - 11:43am
A ride on the MTR is going to cost more from June. Fares will go up 2.7 per cent - but it could have been as much as 3.2 per cent. The increase was announced yesterday after completion of a review of the formula for calculating fare rises.17 Apr 2013 - 4:18am 1 comment
Urban railway operator MTR Corp wants to export the successful property-plus-rail model it operates in Hong Kong to the mainland, but faces obstacles in laws relating to the sale of land.15 Apr 2013 - 5:33am
MTR Corp has withdrawn its residential site in Tin Shui Wai from tendering, as no developer submitted a bid for the site by the deadline yesterday. Surveyors said the land premium charged by the Lands Department was too high.21 Feb 2013 - 6:07am
Office unit sales hit 19-month high7 Nov 2012 - 3:36am
Lawmakers have urged the government to give them more time – until the end of the year – for their public consultation on how the MTR calculates its fare increases.29 Aug 2013 - 4:13am
Developers are expected to bid conservatively for the tender of a residential site in Tsuen Wan West, despite the site's location on the waterfront and next to an MTR station.
Fourteen developers which had shown interest in the Bayside residential site were invited to submit bids. The tender will close today.15 Aug 2012 - 11:11pm
The MTR Corp's HK$30 billion Tai Wai Station residential project was pulled from tender yesterday because the bids were too low.
It was the second time this year the MTR Corp has withdrawn a project after failing to attract high enough bids.10 Jul 2012 - 12:00am
Driverless trains like those serving Disneyland will transport passengers along the new South Island line when it opens in 2015.
The MTR Corp announcement yesterday came with details of services on the 7km line from Admiralty to South Horizons via Ocean Park, Wong Chuk Hang and Lei Tung.17 Apr 2012 - 12:00am
Fares are likely to rise 5.4 per cent in June, in the third and largest increase since a fare-adjustment formula came into effect in 2007, the MTR Corp said yesterday.27 Mar 2012 - 12:00am
Net profit at MTR Corporation, the city's only rail operator, climbed 22 per cent to HK$14.7 billion last year thanks to better earnings from its property and commercial businesses and its overseas rail operations, the company said yesterday.9 Mar 2012 - 12:00am