Govt Eyes More Public Flats On Greenbelt Land

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

Related News Programmes

"); });

2019-05-08 HKT 13:18

Share this story

facebook

  • The government is planning to build 10 highrises in four separate developments that can house almost 23,000 people. Image courtesy of the Housing Department.

    The government is planning to build 10 highrises in four separate developments that can house almost 23,000 people. Image courtesy of the Housing Department.

The Housing Department has unveiled plans to add more flats to its controversial plan to build public housing flats on 7.2 hectares of greenbelt land in Tseung Kwan O, in a move likely to meet stiff opposition from green groups and activists.

It’s planning to build more than 8,000 flats in four separate developments: two located next to Hong Kong Movie City and Clear Water Bay Film Studio; on Yau Yue Wan Village Road and Chiu Shun Road . This is 7.5 percent more than a previous proposal given to the district council several months ago.

Authorities will not only have to get approval from the Town Planning Board to rezone the land, they will also be asking the board to ease the plot ratio, to allow them to build more flats on these sites, and to lift height restrictions. The developments are to range from 40 to 45 storeys high, and are designed to accommodate a total of up to 22,890 people.

The latest proposal was made in papers submitted to the Sai Kung District Council.

The first phase of the projects is scheduled to be completed as early as 2024.

The district council is scheduled to discuss the proposals at a special meeting on Wednesday.

______________________________



Last updated: 2019-05-08 HKT 15:02

RECENT NEWS

TOPPAN Edge Becomes Japans First Qualified VLEI Issuer

The Global Legal Entity Identifier Foundation (GLEIF) has announced TOPPAN Edge, a subsidiary of TOPPAN Holdings that p... Read more

SFC And Dubais DFSA Partner On Cross-Border Regulatory Cooperation

The Dubai Financial Services Authority (DFSA), the independent regulator of the Dubai International Financial Centre (D... Read more

Toss To Launch Finance Super-App In Australia, Plans Won-Based Stablecoin

South Korea’s fintech unicorn Toss is preparing to launch its finance super-app in Australia before the end of this y... Read more

China Funds Research On Stablecoins And Cross-Border Oversight

China’s largest government-backed research funder has begun accepting applications for studies on stablecoins and the... Read more

XTransfer, CZBank Shanghai Branch Form Cross-Border Finance Partnership

XTransfer has entered into a partnership with the Shanghai branch of China Zheshang Bank (CZBank). The agreement was si... Read more

Brinc Launches VentureVerse Through Acquisition Of OG Club

Brinc, a Hong Kong-based venture acceleration and corporate innovation firm, has acquired OG Club, a decentralised auto... Read more