Saturday, November 28, 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:
Traders and food businesses rake in HK$5.2 trillion (11-27 17:36)
Villagers and developer convicted for village house scam (11-27 16:59)
Mainlander who laundered HK$2.5b jailed (11-27 16:20)
Leung Kwok-hung ejected from Legco lunch (11-27 16:18)
ATV exec Ip Ka-po convicted over delayed staff pay (11-27 16:17)
Another leaked HKU audio clip suggests legal action move (11-27 13:11)
Airport terminal cost blowout reaches HK$16.5b (11-27 12:58)
Hong Kong trade slide continues in October (11-26 17:01)
Unsteady island seen as cause of bridge delay (11-26 16:46)
Elderly Wong Tai Sin wife killer jailed (11-26 13:45)

More breaking news >>

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