Wednesday, July 30, 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:
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Lawmakers asked to clarify donations (07-30 13:30)
Protest against mainlanders crowding pools (07-30 13:19)
8 arrested in police raids (07-30 12:56)
Elderly man hurt after falling from tree (07-29 18:20)
Anti-Occupy Central to march on Aug. 17 (07-29 17:16)
Lawmaker slams MTR over delay (07-29 17:15)
CE: govt should oppose Occupy Central (07-29 16:42)
Group seeks penalties on pier works (07-29 15:17)
Hammer Hill Road swimming pool closed as faeces found (07-29 12:37)

More breaking news >>

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