Think Tank Moots Sai Kung Plots For 30,000 Flats

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

Related News Programmes

"); jQuery(document).ready(function() { jwplayer.key='EKOtdBrvhiKxeOU807UIF56TaHWapYjKnFiG7ipl3gw='; var playerInstance = jwplayer("jquery_jwplayer_1"); playerInstance.setup({ file: "http://newsstatic.rthk.hk/audios/mfile_1391687_1_20180417190420.mp3", skin: { url: location.href.split('/', 4).join('/') + '/jwplayer/skin/rthk/five.css', name: 'five' }, hlshtml: true, width: "100%", height: 30, wmode: 'transparent', primary: navigator.userAgent.indexOf("Trident")>-1 ? "flash" : "html5", events: { onPlay: function(event) { dcsMultiTrack('DCS.dcsuri', 'http://news.rthk.hk/rthk/en/component/k2/1391687-20180417.mp3', 'WT.ti', ' Audio at newsfeed', 'WT.cg_n', '#rthknews', 'WT.cg_s', 'Multimedia','WT.es','http://news.rthk.hk/rthk/en/component/k2/1391687-20180417.htm', 'DCS.dcsqry', '' ); } } }); }); });

2018-04-17 HKT 18:59

Share this story

facebook

  • Think tank moots Sai Kung plots for 30,000 flats

A think tank says it has identified two hillside areas in Sai Kung which are ideal locations to build public housing.

The Our Hong Kong Foundation estimates that the two sites in Shap Sze Heung, which cover 64 hectares, could provide space for up to 30,000 flats.

A spokesman for the foundation, Stephen Wong, said the two sites are owned by the government, outsides country park areas, and are not zoned as greenbelt land. Therefore, he said, there is no need for any compensation or acquisition plans.

The land is also close to existing infrastructure and relatively flat when compared to other sites the government is looking at for public housing estates, he said.

But the think tank said Hong Kong needs to build new towns the size of Sha Tin or Tai Po to overcome the city's housing problems and land reclamation is the way forward for large scale projects like that.

RECENT NEWS

HKMA Pushes Project Ensemble, Banks To Adopt Tokenised Deposits

The Hong Kong Monetary Authority (HKMA) will advance Project Ensemble and encourage commercial banks in the city to int... Read more

Singapore And Hong Kong Regulators Deepen Cooperation On Bank Oversight

The Monetary Authority of Singapore (MAS) and the Hong Kong Monetary Authority (HKMA) have signed a Memorandum of Under... Read more

XTransfer, SPD Bank Shanghai Partner To Boost Cross-Border Trade For SMEs

XTransfer has entered into a strategic partnership with SPD Bank’s Shanghai Branch, announced at the “XTransfer Tra... Read more

PayPay To Be Accepted At Over 2 Million Merchants In South Korea Via Alipay+

From late September 2025, Japan’s largest cashless payment service, PayPay, will be accepted at more than two million... Read more

Lenovo Hong Kong And Cyberport Partner To Support Startups

Lenovo Hong Kong has announced the signing of a MoU with Cyberport, aimed at supporting Hong Kong’s innovation and te... Read more

PAObank Partners With CPAIHK To Integrate Banking And Insurance Services

PAObank, in which Ping An Insurance holds a stake, is marking its fifth anniversary with a new strategic partnership wi... Read more