Thursday, November 27, 2014   

(2014-15 Budget) 150 residential sites spotted to boost supply
(02-26 12:00)

The government has identified 150 sites for residential use, hoping to provide 210,000 public and private flats over the next five years, said Financial Secretary John Tsang Chun-wah. Thirty-four residential sites -- 24 are new ones -- providing about 15,500 will be put into the 2014-15 Land Sale Program.
Secretary for Development Paul Chan Mo-po will reveal further details tomorrow.
Meanwhile, Tsang has allocated HK$650 million for the next five years to various government departments to enhance land development efforts. This will create 229 jobs.
   
Other Hong Kong breaking news:
Police slams attempts to occupy Portland Street (11-26 18:04)
Hong Kong needs universal suffrage, says Zeman (11-26 17:33)
Shuffles of government officials (11-26 17:11)
18 Jockey Club employees charged for fraud (11-26 16:47)
Movement leaders, barricades in Mongkok cleared (11-26 16:25)
Albert Chan kicked out of LegCo over police speech (11-26 16:08)
'Police will stay alert to prevent more trouble' (11-26 15:46)
New relics found at To Kwa Wan MTR site (11-26 15:45)
New concourse is on schedule, says airport chief (11-25 18:40)
Rights activist warns against police gloves (11-25 18:30)

More breaking news >>

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