A brownfield site owned by New World Development at San Tin, in Yuen Long. Photo: Roy Issa A brownfield site owned by New World Development at San Tin, in Yuen Long. Photo: Roy Issa
A brownfield site owned by New World Development at San Tin, in Yuen Long. Photo: Roy Issa

Hong Kong developers ignore scheme to boost land supply for housing by converting private reserves in New Territories

  • Government incentives fail to attract developers to land-sharing scheme launched in May
  • Economic downturn, pandemic leave land owners mulling their options, observers say

Topic |   Hong Kong housing
A brownfield site owned by New World Development at San Tin, in Yuen Long. Photo: Roy Issa A brownfield site owned by New World Development at San Tin, in Yuen Long. Photo: Roy Issa
A brownfield site owned by New World Development at San Tin, in Yuen Long. Photo: Roy Issa
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