Saturday, November 1, 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:
Wine festival draws 22,000 visitors (10-31 16:38)
Lawmakers reject motions for Occupy probe (10-31 15:39)
Teenager linked to bomb scare appears in court (10-31 15:38)
Bid to smuggle liquid cocaine thwarted (10-31 15:36)
HSBC executive's comments trigger online outrage (10-31 15:30)
Police warn people to avoid radical protestors (10-30 18:18)
Activists setting up police complaints mechanism (10-30 18:03)
Waxwork Chinese leaders get democratic makeover in Hong Kong (10-30 17:57)
Senior civil servants in line for pay rise (10-30 16:53)
Concern over proposed discrimination amendments (10-30 16:52)

More breaking news >>

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