240 rooms transform into transitional homesFinance | Staff reporter 22 Jul 2021
Approximately 240 hotel rooms will be launched under the government's transitional housing pilot scheme.
The Transport and Housing Bureau said more than 200 hotels and guesthouses have registered since April.
Two projects have been approved by the authority so far, involving one hotel and 14 guesthouses, providing a total of about 240 rooms.
Separately, Transport and Housing Secretary Frank Chan Fan told the Legislative Council that registered building professionals will have to submit a comprehensive report before July 30 about the two Pavilia Farm III towers, which are to be to be torn down and rebuilt after they failed concrete strength tests.
Chan said the Buildings Department has confirmed upon inspections that the overall structure of all seven residential buildings of the development project have no obvious danger. He also promised the demolition and reconstruction process will be conducted under continuous and stringent on-site inspections and real-time detection systems to ensure that railway services and safety will not be affected.
Chan also said he expected that it would take three years to correct issues with MTR ticket fares.
He explained that fares for the new Tuen Ma line is bound by the fare structure of the existing railway network, resulting in higher fares for shorter trips and lower fares for longer trips. However, he emphasized that this accounts for less than two percent of the over 4,000 trip combinations in the entire MTR network.
Also at the council meeting, Secretary for Financial Services and the Treasury Christopher Hui Ching-yu said most stakeholders support the amendment bill to transfer powers from the Hong Kong Institute of Certified Public Accountants to the Financial Reporting Council.
The authority has been promoting the bill to empower the FRC to conduct inspections, investigations, disciplinary sanctions and oversight of the HKICPA.