'No Need For Consultations On Light Public Flats'

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

Related News Programmes

"); });

2023-02-04 HKT 11:32

Share this story

facebook

  • 'No need for consultations on light public flats'

Housing Secretary Winnie Ho on Saturday dismissed the idea of holding consultations before picking plots for light public housing.

The government recently announced that eight plots have been identified for the construction of 30.000 light public flats – but the plot in Kai Tak has received strong opposition from lawmakers and residents, who say the plan will hinder the area from being developed as a central business district.

Speaking on an RTHK radio programme, Ho said light public housing was a "rescue boat" for people living in poor housing such as subdivided flats, and that the government had no time to hesitate.

"If we follow the normal procedures, with discussions and tabling it to the Legislative Council, it may take six to seven years time before construction work can begin," she said. "It will take a long time and fail to reach the aim of providing flats within a short time."

The minister reassured people that the long-term aim of developing Kai Tak into a second central business district still remains.

"We are just borrowing the land in Kai Tak, which is used for parking buses at the moment, so we want to make use of it and provide people with a better living environment," she said.

"We will use two years to build the flats and people will live there for another five years. After seven years, when the Development Bureau needs the plot back for a long-term purpose, we will release the land again."

Ho added that details of the project have been tabled to the Legislative Council.

RECENT NEWS

HSBC And Standard Chartered Venture Reportedly Among First For Hong Kong Stablecoin Licenses

People familiar with the matter say HSBC and a joint venture led by Standard Chartered will likely be among the first f... Read more

Hong Kong Taxi E-Payment Adoption Surges, Hits 90% Ahead Of April 2026 Mandate

The taxi industry is moving decisively toward digital payments as the mandatory Hong Kong taxi e-payment requirement, s... Read more

SUNRATE Renames China Payment Unit Following Regulatory Approval

SUNRATE has changed the name of its China-licensed entity from Transfar Pay to SUNRATE Pay following following regulato... Read more

Bithumb Could Face Six-Month Business Suspension Over AML Breaches

Financial authorities plan to impose significant sanctions on virtual asset exchange Bithumb for breaching anti-money l... Read more

HSBC Hong Kong Enables Digital Consolidation Of Multiple Passbooks

HSBC Hong Kong has introduced a new Passbook Consolidation feature on the HSBC HK App, allowing customers to view and m... Read more

PAObank Launches Flexible Wealth Service For Retail Customers

PAObank has launched a new wealth service, offering a dual-advantage solution that allows customers to switch between i... Read more