Tuesday, October 6, 2015   

(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:
Arts hub museum chief steps down (10-05 19:56)
Selina Tsang stands by her man (10-05 15:54)
Turmoil follows Donald Tsang into retirement (10-05 15:42)
Donald Tsang says his conscience is clear (10-05 15:08)
Tsang says public should keep hands off HKU appointments (10-05 13:33)
Pedophile tutor jailed (10-05 13:18)
Tsang to appear in court at 2:30pm (10-05 13:03)
Shenzhen flat allegation puts Donald Tsang in the dock (10-05 12:53)
Signal No 1 raised, tropical storm predicted to intensify (10-02 22:17)
(Fashion) Ted Baker (10-02 21:23)

More breaking news >>

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