Build Homes On Abandoned Farmland: Heung Yee Kuk

"); jQuery("#212 h3").html("

Related News Programmes

"); });

2023-06-06 HKT 18:03

Share this story

facebook

  • Heung Yee Kuk chairman Kenneth Lau says villagers of Ping Kong Tsuen welcome the flats proposal. File photo: RTHK

    Heung Yee Kuk chairman Kenneth Lau says villagers of Ping Kong Tsuen welcome the flats proposal. File photo: RTHK

Rural leaders at the Heung Yee Kuk on Tuesday proposed that the government build over 12,000 flats on abandoned farmland in Sheung Shui, to help solve the SAR's housing woes.

The Kuk's chairman, Kenneth Lau, said authorities could take back land in Ping Kong Tsuen and build nine high-rises there.

The buildings could be up to 46-storeys tall with 12,188 flats with an average size of 457 square feet, the Kuk said.

It added that the flat terrain in Ping Kong Tsuen would be easy to build homes on, and villagers welcome the idea.

"The representative of Ping Kong Tsuen communicated with the villagers, and they were willing to... they actually proposed to build homes on the abandoned land. I believe community facilities will come with the flats, and residents in the neighbourhood should benefit," Lau said.

The Kuk said the project could be completed more quickly than building public flats at the Fanling golf course, but it denied that its proposal is meant as a replacement for a development there.

RECENT NEWS

Is Hong Kongs Default Life Insurance Choice A Wealth Drain?

Hong Kong is a city that takes financial security seriously, boasting one of the highest insurance penetration rates in... Read more

RedotPay Secures $107M Series B, Total Funding Hits $194M

RedotPay, a global stablecoin-based payment fintech, has closed a US$107 million Series B round, bringing its total cap... Read more

91% Of Hong Kong Merchants Lose Revenue To Payment Friction

Aspire has released its Hong Kong Ecommerce Pulse Check 2025, highlighting that while mid-sized ecommerce merchants rem... Read more

Do Kwon Faces Possible Trial In Korea After US Conviction

Do Kwon, the crypto tycoon behind the 2022 collapse of TerraUSD and Luna, caused an estimated US$40 billion in investor... Read more

Startale, SBI Holdings To Develop Japans Regulated Yen Stablecoin

Startale Group and SBI Holdings have signed a MoU to jointly develop and launch a fully regulated Japanese yen-denomina... Read more

KakaoBank Expands In Indonesia Through Superbank Partnership

KakaoBank, South Korea’s largest internet-only bank, is accelerating its global expansion through a deepened partners... Read more