Govt Still Plans To Build Flats On Golf Course: Linn
"); jQuery("#212 h3").html("

"); });
2023-06-07 HKT 12:53
Development minister Bernadette Linn on Wednesday said the government still plans to build public flats on part of the golf course in Fanling, despite moving to change the zoning of the land from "residential" to "undetermined".
Linn said the temporary change – pending approval from the Town Planning Board – is linked to an environmental report released last month, adding that it is not the first time the authorities have rezoned land during the planning stage of a development.
"It remains our intention to pursue a public housing development there. But we have to respect the statutory processes, in particular I'm talking about the environmental impact assessment process, which just last month gave us a conditional approval," she said.
"The condition is that we have to review the layout and density of the public housing development to minimise the impact on the visual and landscape in that area. So we are doing what we have to do, to respect a statutory system."
Authorities earlier said the review will take around a year and it wouldn't be appropriate to retain the current zoning with high-density development parameters in the draft plan to be submitted to the Executive Council later this year.
Linn said she couldn't give a concrete timetable for the development and added that the original goal of 12,000 homes may not be met.
The minister also said it was too early for the government to take a stance on a proposal by the Heung Yee Kuk for a similar number of flats to be built on abandoned farmland in Sheung Shui.
Indonesia And South Korea Begin Cross-Border QRIS Payments In Local Currencies
Bank Indonesia and the Bank of Korea have launched cross-border QR payment connectivity between Indonesia and South Kor... Read more
Hong Kong Misses March Deadline For First Stablecoin Licenses, No Issuers Approved
The Hong Kong Monetary Authority (HKMA) has yet to issue its first batch of stablecoin licenses, missing an earlier tar... Read more
Hong Kong Sees Digital Wallets Surpass Cards For The First Time
Digital wallets have surpassed cards for the first time in the city’s payments landscape, according to the Global Pay... Read more
HSBC Appoints Max Xu And Samuel Chen To Lead Wealth And Private Banking In China
HSBC has appointed Max Xu as Head of International Wealth and Premier Banking (IWPB), HSBC China, and Samuel Chen as He... Read more
OSL Group 2025 Revenue Hits HK$489M, Stablecoins Account For 60% Of Trading
OSL Group reported its annual results for the year ended 31 December 2025. The company said it recorded growth during t... Read more
JCB Brings Google Pay Contactless To Taiwan In First Overseas Rollout
JCB has announced that JCB-branded credit cards issued by Union Bank of Taiwan and Bank SinoPac will, for the first tim... Read more