Govt Allots HK$36mn For Pre-fabricated Homes
"); jQuery("#212 h3").html("

"); });
2018-06-01 HKT 19:00
The government's Community Care Fund has approved nearly HK$36 million to build pre-fabricated housing in Sham Shui Po.
The projects will be carried out by the Hong Kong Council of Social Service.
Its plan is to place three blocks, made of stackable, prefabricated units on Nam Cheong Street. The society wants to provide transitional homes for families who have been waiting for public housing for a long time.
Its chief executive, Chua Hoi-wai, said he hopes the Buildings Department will finish vetting applications submitted by at least four builders by this month.
The council can then choose one of the firms by tender, with an aim to having the prefabricated homes completed by the second quarter of next year.
Chua also revealed that the council is discussing two other locations with the government for such prefabricated flats – one in an urban area and another in the New Territories.
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
