Shap Sze Heung in Sai Kung. Sun Hung Kai Properties last year reached an agreement with the government to build housing on the converted farmland in Shap Sze Heung, after paying a record premium of HK$15.9 billion for the conversion. Photo: SCMP

Hong Kong must not sacrifice the public interest in deals with landowners

Regina Ip says while public-private partnerships have worked in the past to spur Hong Kong housing development, the circumstances were different. Any deals today with landowners must be 100 per cent transparent, with every sum scrutinised

Topic |   Hong Kong housing

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Shap Sze Heung in Sai Kung. Sun Hung Kai Properties last year reached an agreement with the government to build housing on the converted farmland in Shap Sze Heung, after paying a record premium of HK$15.9 billion for the conversion. Photo: SCMP
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