daily menu » rate the banner | guess the city | one on oneforums map | privacy policy | DMCA | news magazine | posting guidelines

Go Back   SkyscraperCity > World Development News Forums > City/Metro Compilations

City/Metro Compilations Help report active highrise/urban developments occurring in your city to the global SSC community.



Global Announcement

As a general reminder, please respect others and respect copyrights. Go here to familiarize yourself with our posting policy.


Reply

 
Thread Tools
Old August 27th, 2015, 04:59 AM   #1921
hkskyline
Hong Kong
 
hkskyline's Avatar
 
Join Date: Sep 2002
Posts: 86,913
Likes (Received): 18178

Small is not just beautiful but never dies
Aug 26, 2015
Hong Kong Economic Journal Excerpt












Photos and diagrams by Apple Daily

The Greek philosopher Aristotle believed the whole is greater than the sum of its parts.

But Hong Kong developers do not believe in philosophy, and that is why they maximize profits by making residential units smaller.

In the latest residential property sales at what is dubbed as the smallest private housing estate, Kowloon Development Co. Ltd. (00034.HK) is to launch 1,008 units at Upper East in Hung Hom, with 36 units on a single floor.

Welcome to the small world!

Among the 36 units, half of them are one-bedroom flats, followed by 17 studios, each of 194 square feet.

There’s only one two-bedroom flat, of 375 sq ft.

It will have a tiny, 13 sq ft balcony.

These configurations turn the clock back to the 1970s, when the colonial government first planned public housing estates to cater for increasing housing needs.

Arguably, the demand for housing is greater now, but what is certain is the number of units on a single floor at Upper East broke the record of 34 in a public housing estate.

That is why the developer put in eight escalators for the potential buyers, who are expected to be young people or investors.

The pricing of the flats will be announced later this week.

The presale flats will be not available for occupancy until 2018.
__________________
Hong Kong Photo Gallery - Click Here for the Hong Kong Galleries

World Photo Gallery - | St. Petersburg, Russia | Pyongyang | Tokyo | Istanbul | Dubai | Shanghai | Mumbai | Bangkok | Sydney

New York, London, Prague, Iceland, Rocky Mountains, Angkor Wat, Sri Lanka, Poland, Myanmar, and much more!
hkskyline no está en línea   Reply With Quote

Sponsored Links
Old August 27th, 2015, 08:43 PM   #1922
hkskyline
Hong Kong
 
hkskyline's Avatar
 
Join Date: Sep 2002
Posts: 86,913
Likes (Received): 18178





__________________
Hong Kong Photo Gallery - Click Here for the Hong Kong Galleries

World Photo Gallery - | St. Petersburg, Russia | Pyongyang | Tokyo | Istanbul | Dubai | Shanghai | Mumbai | Bangkok | Sydney

New York, London, Prague, Iceland, Rocky Mountains, Angkor Wat, Sri Lanka, Poland, Myanmar, and much more!
hkskyline no está en línea   Reply With Quote
Old September 4th, 2015, 10:17 AM   #1923
Marzzzzzz
Registered User
 
Join Date: Sep 2015
Posts: 11
Likes (Received): 1

For the 20sec ride at the Peak ....

I just dont see the point lol
Marzzzzzz no está en línea   Reply With Quote
Old September 7th, 2015, 07:26 PM   #1924
hkskyline
Hong Kong
 
hkskyline's Avatar
 
Join Date: Sep 2002
Posts: 86,913
Likes (Received): 18178

Discounts fuel small flats' race
The Standard Excerpt
Monday, September 07, 2015

Investors are switching to buying tiny new flats that come with steep discounts and require low down payments, given fewer investment options amid swinging stock markets and a sliding yuan.

At Kowloon Development's (0034) Hung Hom mini-unit scheme Upper East, 325 of 368 flats listed for weekend sale were gone by Sunday evening.

About half went to those looking to reap steady rental gains despite the project's 36-month presale period, during which they will be vulnerable to risks from changes in market fundamentals.

Actor Evergreen Mak Cheung-ching said he bought his wife a one-bedroom flat for investment for less than HK$5 million, helped by mortgage financing of more than 90 percent.

Sales chief Yeung Chung-wing says buyers are allowed mortgages of up to 95 percent. That means one needs only pay HK$150,000 in down payment for the cheapest 197-sellable-square-foot studio flat, which costs HK$2.97 million after maximum discounts.

The modest price can push yields from investing in the project's flats to 3.8 percent, said Midland Realty's residential chief Sammy Po Siu-ming. That compares to an average 2.9 percent for small-flat investment as shown by the latest official statistics.
__________________
Hong Kong Photo Gallery - Click Here for the Hong Kong Galleries

World Photo Gallery - | St. Petersburg, Russia | Pyongyang | Tokyo | Istanbul | Dubai | Shanghai | Mumbai | Bangkok | Sydney

New York, London, Prague, Iceland, Rocky Mountains, Angkor Wat, Sri Lanka, Poland, Myanmar, and much more!
hkskyline no está en línea   Reply With Quote
Old September 10th, 2015, 06:10 PM   #1925
hkskyline
Hong Kong
 
hkskyline's Avatar
 
Join Date: Sep 2002
Posts: 86,913
Likes (Received): 18178

Quote:
Originally Posted by hkskyline View Post
One Bay East
6/20



By isaacloklok from dcfever :

__________________
Hong Kong Photo Gallery - Click Here for the Hong Kong Galleries

World Photo Gallery - | St. Petersburg, Russia | Pyongyang | Tokyo | Istanbul | Dubai | Shanghai | Mumbai | Bangkok | Sydney

New York, London, Prague, Iceland, Rocky Mountains, Angkor Wat, Sri Lanka, Poland, Myanmar, and much more!

Munwon, the spliff fairy liked this post
hkskyline no está en línea   Reply With Quote
Old September 11th, 2015, 01:50 PM   #1926
hkskyline
Hong Kong
 
hkskyline's Avatar
 
Join Date: Sep 2002
Posts: 86,913
Likes (Received): 18178

Tsing Yi site tender
The Standard Excerpt
Friday, September 11, 2015



A large-scale non-industrial site in Tsing Yi will be put out for tender and is expected to fetch at least HK$1.7 billion.

The 66,737-square-foot site, on Sai Shan Road near Mayfair Gardens, can yield a maximum gross floor area of 425,000 sq ft, the Lands Department said yesterday.

The government expects the site to provide up to 740 small and medium-sized residential flats.

James Cheung King-tat, director of Centaline Surveyors, estimated a land price of HK$2.84 billion, equivalent to HK$6,000 per sq ft.
__________________
Hong Kong Photo Gallery - Click Here for the Hong Kong Galleries

World Photo Gallery - | St. Petersburg, Russia | Pyongyang | Tokyo | Istanbul | Dubai | Shanghai | Mumbai | Bangkok | Sydney

New York, London, Prague, Iceland, Rocky Mountains, Angkor Wat, Sri Lanka, Poland, Myanmar, and much more!
hkskyline no está en línea   Reply With Quote
Old September 15th, 2015, 05:36 PM   #1927
hkskyline
Hong Kong
 
hkskyline's Avatar
 
Join Date: Sep 2002
Posts: 86,913
Likes (Received): 18178

Quote:
Originally Posted by hkskyline View Post
Upper West 奧城.西岸
6/27

9/4

__________________
Hong Kong Photo Gallery - Click Here for the Hong Kong Galleries

World Photo Gallery - | St. Petersburg, Russia | Pyongyang | Tokyo | Istanbul | Dubai | Shanghai | Mumbai | Bangkok | Sydney

New York, London, Prague, Iceland, Rocky Mountains, Angkor Wat, Sri Lanka, Poland, Myanmar, and much more!

the spliff fairy liked this post
hkskyline no está en línea   Reply With Quote
Old September 16th, 2015, 09:43 AM   #1928
hkskyline
Hong Kong
 
hkskyline's Avatar
 
Join Date: Sep 2002
Posts: 86,913
Likes (Received): 18178

Quote:
Originally Posted by hkskyline View Post
Small is not just beautiful but never dies
Aug 26, 2015
Hong Kong Economic Journal Excerpt





Sep 16, 2015
Hong Kong Economic Journal Excerpt
Deposit forfeitures on the rise at newly built small homes

There has been a significant increase in abandoned transactions of newly built homes, especially those that involve subdivided units, Metro Daily reported, citing a surge in cases where buyers have backed off after paying an initial deposit.

The Upper East housing project in Hung Hom, where some 200-square-feet homes were being offered for HK$3 million (US$390,000), is among the ventures that has seen a high number of deposit forfeitures, according to the report.

Backed by Kowloon Development Co. Ltd. (00034.HK), “The Town of Subdivided Flats” — as it has been nicknamed — launched sales earlier this month.

However, there have already been eleven cases of deposit forfeiture, the report said, citing data from an electronic platform operated by the government for primary market transactions.

The deposit forfeiture suggests that some buyers would rather lose what they have paid for the booking, rather than cope with future uncertainties in the property market.

The eleven flats forgone by the buyers are said to be worth more than HK$50 million (US$6.45 million) in total.
__________________
Hong Kong Photo Gallery - Click Here for the Hong Kong Galleries

World Photo Gallery - | St. Petersburg, Russia | Pyongyang | Tokyo | Istanbul | Dubai | Shanghai | Mumbai | Bangkok | Sydney

New York, London, Prague, Iceland, Rocky Mountains, Angkor Wat, Sri Lanka, Poland, Myanmar, and much more!
hkskyline no está en línea   Reply With Quote
Old September 23rd, 2015, 07:42 AM   #1929
hkskyline
Hong Kong
 
hkskyline's Avatar
 
Join Date: Sep 2002
Posts: 86,913
Likes (Received): 18178

URA home boost for Lai Sun
The Standard Excerpt
Wednesday, September 23, 2015



Lai Sun Development (0488) has won a bid to co- develop a residential site in Sai Wan Ho with the Urban Renewal Authority.

Kingland Century, a wholly owned subsidiary of Lai Sun Development, outbid 15 consortiums, including Cheung Kong Property (1113) and New World Development (0017).

Lai Sun Development said the total investment is estimated to be HK$1 billion.

A surveyor estimates that about HK$320 million will be used in construction, which means the bid costs the developer about HK$680 million, or HK$10,000 per buildable square foot.

Lai Sun would only break even if it sells a finished project at HK$23,000 per salable square foot, surveyors estimate.

Several new projects are providing small units in Shau Kei Wan, such as Island Residence by Wheelock Properties and Parker 33 by Henderson Land (0012). Prices range between HK$20,000 and HK$26,000 pssf.

Lai Sun Development senior vice president Julian Poon Yui-man said the company will provide 144 homes of mostly studio and one-bedroom units, with sizes ranging from 280 to 410 square feet.

A single block will be built from the commercial-cum-residential plot on Sai Wan Ho Street, which covers 7,642 sq ft with a maximum gross floor area of 64,200 sq ft.
__________________
Hong Kong Photo Gallery - Click Here for the Hong Kong Galleries

World Photo Gallery - | St. Petersburg, Russia | Pyongyang | Tokyo | Istanbul | Dubai | Shanghai | Mumbai | Bangkok | Sydney

New York, London, Prague, Iceland, Rocky Mountains, Angkor Wat, Sri Lanka, Poland, Myanmar, and much more!
hkskyline no está en línea   Reply With Quote
Old October 7th, 2015, 10:30 AM   #1930
hkskyline
Hong Kong
 
hkskyline's Avatar
 
Join Date: Sep 2002
Posts: 86,913
Likes (Received): 18178

Legal challenges may hinder HK land sales
7 October 2015
South China Morning Post Excerpt

Land supply target may be a challenge as more government sites face potential judicial review

The Hong Kong government may have difficulty meeting its long-term housing target as a growing number of residential sites up for public tender face potential judicial reviews that could stall land sales.

In its latest announcement of land sales scheduled for the three months to December, three of the four sites are subject to potential judicial review.

All three are in Tai Po and would have the capacity to provide 2,500 flats, or 88 per cent of the 2,825 flats that could be built on the released land for the October to December period. Aside from government land sales, the MTR Corp and Urban Renewal Authority will also release land sufficient to build 1,985 flats in the same period.

“That the government is still proceeding with the land sale plan indicates it has little choice while it is struggling to meet its annual housing target,” said Victor Lai Kin-fai, the chief executive of Centaline Professionals.

Enough land supply to build 19,000 flats per year is part of Chief Executive Leung Chun-ying’s blueprint for future development.

Faced with mounting opposition from affected local communities and environmental groups, Lai expects it to be increasingly difficult for the government to identify residential land.

The proposed tendering for the three sites in Tai Po was challenged by environmental groups that warned of potential air and noise pollution in the surrounding area.

The three sites raise the number of plots being challenged for judicial review to five for the financial year ending March 31, 2016.

“It is the largest number of sites being filed for judicial review that I have ever seen. The land issue is getting highly politicised,” said Charles Chan, Savills’ managing director for valuation and professional services. He supports the government’s plan to go ahead with the land sales.

“If the government held back those sites from sale once someone filed for judicial review, it would encourage more applications to block land sales,” he said. By proceeding with the sales the government believes there is less chance of them being taken to court, said Chan.

Chan’s remarks came after two mega residential sites in Yuen Long West Rail Station and Tai Wo Ping in Kowloon Tong sold successfully despite being under risk of judicial review.
__________________
Hong Kong Photo Gallery - Click Here for the Hong Kong Galleries

World Photo Gallery - | St. Petersburg, Russia | Pyongyang | Tokyo | Istanbul | Dubai | Shanghai | Mumbai | Bangkok | Sydney

New York, London, Prague, Iceland, Rocky Mountains, Angkor Wat, Sri Lanka, Poland, Myanmar, and much more!
hkskyline no está en línea   Reply With Quote
Old October 9th, 2015, 06:45 PM   #1931
hkskyline
Hong Kong
 
hkskyline's Avatar
 
Join Date: Sep 2002
Posts: 86,913
Likes (Received): 18178

Newest radar station hailed for rain spots
The Standard Excerpt
Friday, October 09, 2015



The Hong Kong Observatory yesterday unveiled its new HK$19 million weather radar at Tate's Cairn to replace its 20-year-old predecessor for improved monitoring of hail and rainfall.

The radar, which began operation in April, is the fifth to be installed at Tate's Cairn. The first one dates back to 1959.

The observatory said the new model is the first dual-polarization Doppler weather radar in the SAR.

On top of being a traditional weather radar, the new one goes as far as identifying hail areas and raindrop sizes, which will be useful for monitoring hail and rainfall rates.

Observatory director Shun Chi-ming said: "Global warming continues this century with more extreme weather and heavy rainfall so this radar has an important mission to help us detect extreme weather."

Secretary for Commerce and Economic Development Gregory So Kam-leung, who also officiated at the opening ceremony, said the observatory has always moved with the times in pursuit of excellence and improving its services.
__________________
Hong Kong Photo Gallery - Click Here for the Hong Kong Galleries

World Photo Gallery - | St. Petersburg, Russia | Pyongyang | Tokyo | Istanbul | Dubai | Shanghai | Mumbai | Bangkok | Sydney

New York, London, Prague, Iceland, Rocky Mountains, Angkor Wat, Sri Lanka, Poland, Myanmar, and much more!
hkskyline no está en línea   Reply With Quote
Old October 15th, 2015, 05:05 AM   #1932
hkskyline
Hong Kong
 
hkskyline's Avatar
 
Join Date: Sep 2002
Posts: 86,913
Likes (Received): 18178

PLA missile base in HK ‘defensive, not political’
14 October 2015
South China Morning Post Excerpt

Experts have weighed in on a report that the People’s Liberation Army will set up a land-to-air missile base at Hong Kong’s Shek Kong military airfield, suggesting the move was motivated not by local political concerns but rather an overdue strengthening of the city’s defensive capabilities.

The latest Chinese-language edition of the Canada-based Kanwa Defence Review said the PLA would deploy a Hongqi-6 missile battalion at the base in the New Territories later this year.

The HQ-6 system usually consists of six flatbed trucks with missiles housed on their backs, supported by smaller artillery units. The missiles have a range of 18km and are used to destroy low- to medium-flying air threats. The magazine based its claim on Google satellite images of the base, which showed landscaping work in line with preparatory work for such a system.

Macau-based military observer Antony Wong Dong said satellite pictures he saw proved the missiles would be deployed in Shek Kong, and such a deployment in Hong Kong was unprecedented. But he did not believe there was a political motive.

“Hong Kong has long been too weak in its anti-aircraft capabilities,” said Wong, adding the capacity was almost non-existent in the city and would still be “limited” after the deployment.

Wong said the missiles would be deployed mainly to protect military aircraft at Shek Kong.
__________________
Hong Kong Photo Gallery - Click Here for the Hong Kong Galleries

World Photo Gallery - | St. Petersburg, Russia | Pyongyang | Tokyo | Istanbul | Dubai | Shanghai | Mumbai | Bangkok | Sydney

New York, London, Prague, Iceland, Rocky Mountains, Angkor Wat, Sri Lanka, Poland, Myanmar, and much more!
hkskyline no está en línea   Reply With Quote
Old October 16th, 2015, 07:47 PM   #1933
hkskyline
Hong Kong
 
hkskyline's Avatar
 
Join Date: Sep 2002
Posts: 86,913
Likes (Received): 18178

Quote:
Originally Posted by hkskyline View Post
9/4

Upper West 奧城.西岸
10/11

__________________
Hong Kong Photo Gallery - Click Here for the Hong Kong Galleries

World Photo Gallery - | St. Petersburg, Russia | Pyongyang | Tokyo | Istanbul | Dubai | Shanghai | Mumbai | Bangkok | Sydney

New York, London, Prague, Iceland, Rocky Mountains, Angkor Wat, Sri Lanka, Poland, Myanmar, and much more!
hkskyline no está en línea   Reply With Quote
Old October 17th, 2015, 07:16 PM   #1934
hkskyline
Hong Kong
 
hkskyline's Avatar
 
Join Date: Sep 2002
Posts: 86,913
Likes (Received): 18178

Quote:
Originally Posted by hkskyline View Post
Visionary, Tung Chung
By Dickieccm from dcfever :

7/16

__________________
Hong Kong Photo Gallery - Click Here for the Hong Kong Galleries

World Photo Gallery - | St. Petersburg, Russia | Pyongyang | Tokyo | Istanbul | Dubai | Shanghai | Mumbai | Bangkok | Sydney

New York, London, Prague, Iceland, Rocky Mountains, Angkor Wat, Sri Lanka, Poland, Myanmar, and much more!
hkskyline no está en línea   Reply With Quote
Old October 18th, 2015, 07:46 AM   #1935
hkskyline
Hong Kong
 
hkskyline's Avatar
 
Join Date: Sep 2002
Posts: 86,913
Likes (Received): 18178

8/31

DSC_4650+51 by Kar Wah Tam, on Flickr
__________________
Hong Kong Photo Gallery - Click Here for the Hong Kong Galleries

World Photo Gallery - | St. Petersburg, Russia | Pyongyang | Tokyo | Istanbul | Dubai | Shanghai | Mumbai | Bangkok | Sydney

New York, London, Prague, Iceland, Rocky Mountains, Angkor Wat, Sri Lanka, Poland, Myanmar, and much more!
hkskyline no está en línea   Reply With Quote
Old October 18th, 2015, 06:16 PM   #1936
hkskyline
Hong Kong
 
hkskyline's Avatar
 
Join Date: Sep 2002
Posts: 86,913
Likes (Received): 18178

Hong Kong Economic Journal Excerpt
Improving people’s daily lives: Some small suggestions
Oct 16, 2015

While Hong Kong boasts many key elements needed to secure its place within the top league of world cities, life is still tough for many of its citizens, given the cramped living spaces in the city.

Pointing to land constraints, government officials say it is unrealistic to expect any dramatic change in the situation, and that one should learn to take both the positive and negative aspects in stride.

While they have a valid argument, it doesn’t mean that we cannot at least do some small things to improve the daily lives of Hong Kong people and enhance the overall livability index.

Ask any long-time resident about what can be done to make our lives more comfortable, and they’ll quickly come up with a plethora of suggestions.

Here, I will highlight two of the common demands from the public that are either simple enough to be taken up immediately for implementation or have proven, workable precedents in other urban centers.

Install canopies near road junctions

Summers in Hong Kong are long and scorching.

Though air-conditioning is ubiquitous and shields people most of the time from the heat, one still has to walk across streets a few times a day, either to grab a meal or to go to the MTR station or for myriad other things.

We all know how it feels when waiting under the sun for a minute or two for the traffic light to turn green.

Many of the road junctions in Hong Kong’s urban areas have no sunshade, nor the luxury of any luxuriant greenery with broad canopy or foliage. True, some high-rises can provide shade for pedestrians, but that is hardly all day long.

Now, why can’t we follow the lead of many mainland cities and towns that have put in place large canopy umbrellas near traffic signals?

The canopies, placed near zebra crossings at traffic lights, shield pedestrians from the sun and also provide shelter from rain.

Following the same logic, eaves and other projections of buildings along a street can also stretch over above the pavement and be linked together for similar functions.

But in Hong Kong, the Building (Planning) Regulations, enacted in 1992, stipulate that no eaves, cornices, mouldings or other architectural projections should project over a street more than 500 mm.

The rationale back then was to prevent occupation of public space by private property owners.

But now, as the city grapples with rising temperatures and the “wall effect” brought about by dense high-rises, it is not time to amend the rules?

Have ‘smart’ bus stop facilities

The contrast is striking.

While Hong Kong’s franchised road transport operators maintain one of the world’s largest and most advanced bus fleets – mostly spacious double-deckers with low emission and heavy duty suspension — the majority of the bus stops in the city look almost ancient, maintaining the same appearance for decades.

Kowloon Motor Bus, New World First Bus and Citybus have all been trialing “estimated bus arrival time system” at a small scale, like a similar system in use at the bus-bus interchange on Tuen Mun Road.

These firms have also quietly launched beta real-time bus arrival updates covering a few selected routes – mainly those serving the airport — on their websites and smartphone applications.

That said, so far it appears that none of these operators is eager to expand the service or make it available at all bus stops. Hong Kong is now a laggard in the race to make bus transport smarter.

As early as since 2010, bus arrival time systems have been in extensive use in Shanghai, Ningbo and some other mainland cities where almost all bus stops and interchange hubs are equipped with LED panels displaying not only estimated bus arrival times but also real-time bus locations, speed and remaining distance to the bus stop, thanks to a satellite tracking system for fleet management.

Additional features have been added to some newly refurbished key bus stops, including large touchscreens for information about weather, maps, bus departures, service hours and fares. News and government gazettes are also disseminated through the platform facilities. Among other features, free Wi-Fi and USB charging slots are available at the newer stops.

Although there have been criticisms concerning slack maintenance or occasionally inaccurate arrival time, most passengers feel the system has made their daily commute more predictable. Previously, they often had to wait in sheer boredom without any idea about when the bus will appear.

In a May 2013 reply to a lawmaker’s query, Hong Kong’s transport secretary Anthony Cheung Bing-leung said the government “will consider whether it’s necessary to require bus companies to provide estimated bus arrival time through video announcing devices or mobile phone applications”.

In another reply six months later, the government merely said that the work would entail considerable investment and operational cost, and that bus companies have to take into account passenger needs and the system’s cost-effectiveness.

Clearly, little progress has been made in the past two years.
__________________
Hong Kong Photo Gallery - Click Here for the Hong Kong Galleries

World Photo Gallery - | St. Petersburg, Russia | Pyongyang | Tokyo | Istanbul | Dubai | Shanghai | Mumbai | Bangkok | Sydney

New York, London, Prague, Iceland, Rocky Mountains, Angkor Wat, Sri Lanka, Poland, Myanmar, and much more!
hkskyline no está en línea   Reply With Quote
Old October 19th, 2015, 05:52 PM   #1937
hkskyline
Hong Kong
 
hkskyline's Avatar
 
Join Date: Sep 2002
Posts: 86,913
Likes (Received): 18178

‘Supply of new homes will meet target’
18 October 2015
South China Morning Post Excerpt

Paul Chan’s confidence bolstered by a drop in second-hand prices, but he says reclamation will be reconsidered to increase land supply

Development chief Paul Chan Mo-po has assured the public that the government is likely to achieve its housing supply targets for this year and next, a pledge buoyed by falling property prices in the secondary market.

Chan was speaking yesterday at a land supply forum where the Development Bureau invited five professional groups to discuss land supply problems together for the first time.

The government’s target is to provide 480,000 new flats in a decade, with 60 per cent being public housing and the rest private. In April, the Ratings and Valuation Department estimated the number of new private flats completed next year would reach a decade high of 20,000.

“For the current year of 2015/16, it is not a problem and we don’t need to worry,” Chan told his audience. “We are also prudently optimistic about meeting the target in 2016/17. So there is again no need to worry.”

A day earlier, Centaline Property Agency had released its latest Centa-City Leading Index – a weekly index based on the agency’s transaction prices of second-hand flats – which recorded its sharpest drop in two years.

“From yesterday’s media reports, we see some downward adjustments in property prices,” Chan told reporters after the forum. “About a month ago, I said some major changes had emerged in Hong Kong’s residential property supply.

“In the next three to four years, there will be more housing supply … Compared with past statistics of demand for first-hand flats, … the supply will be able to meet demand.”

Nevertheless, he cautioned people against rushing to buy flats once prices fell. “Changes in the wider economy and interest rates are other factors. One should consider very carefully before making any decision.”

At the forum, the minister attributed the slow efforts in increasing land supply to greatly reduced reclamation works between 2001 and 2013. In the long run, he said, the city would have to explore further reclamation outside of Victoria Harbour and development of caverns.
__________________
Hong Kong Photo Gallery - Click Here for the Hong Kong Galleries

World Photo Gallery - | St. Petersburg, Russia | Pyongyang | Tokyo | Istanbul | Dubai | Shanghai | Mumbai | Bangkok | Sydney

New York, London, Prague, Iceland, Rocky Mountains, Angkor Wat, Sri Lanka, Poland, Myanmar, and much more!
hkskyline no está en línea   Reply With Quote
Old October 20th, 2015, 04:17 PM   #1938
hkskyline
Hong Kong
 
hkskyline's Avatar
 
Join Date: Sep 2002
Posts: 86,913
Likes (Received): 18178

Visionary, Tung Chung
10/1

__________________
Hong Kong Photo Gallery - Click Here for the Hong Kong Galleries

World Photo Gallery - | St. Petersburg, Russia | Pyongyang | Tokyo | Istanbul | Dubai | Shanghai | Mumbai | Bangkok | Sydney

New York, London, Prague, Iceland, Rocky Mountains, Angkor Wat, Sri Lanka, Poland, Myanmar, and much more!
hkskyline no está en línea   Reply With Quote
Old October 21st, 2015, 02:38 PM   #1939
hkskyline
Hong Kong
 
hkskyline's Avatar
 
Join Date: Sep 2002
Posts: 86,913
Likes (Received): 18178

More reclamation mooted for Tuen Mun in western Hong Kong
17 October 2015
South China Morning Post Excerpt



More land could be reclaimed in Tuen Mun, a town planning official said yesterday, as plans advance for a logistics hub in the district.

The Planning Department and the Civil Engineering and Development Department jointly launched a two-month public consultation on development of the area on September 7. Under their proposal, 10 hectares of land on three sites near Pillar Point will be built up for "modern logistics uses" such as distribution and packaging, and for "green industry uses" such as recycling. Part of the land is occupied by industrial users, including warehouses, sawmills and open storage, and part is under temporary government use.

Logistics activities there will take advantage of connectivity with the airport to the south and Shenzhen to the north and create 9,500 jobs, under the government's projection.

At a Town Planning Board meeting yesterday, member Patrick Lau Hing-tat suggested the administration should also take the opportunity to improve the environment of the Butterfly Bay residential area. More land could be reclaimed along the promenade after the completion of the Tuen Mun-Chek Lap Kok link, he said.
__________________
Hong Kong Photo Gallery - Click Here for the Hong Kong Galleries

World Photo Gallery - | St. Petersburg, Russia | Pyongyang | Tokyo | Istanbul | Dubai | Shanghai | Mumbai | Bangkok | Sydney

New York, London, Prague, Iceland, Rocky Mountains, Angkor Wat, Sri Lanka, Poland, Myanmar, and much more!
hkskyline no está en línea   Reply With Quote
Old October 23rd, 2015, 11:01 AM   #1940
hkskyline
Hong Kong
 
hkskyline's Avatar
 
Join Date: Sep 2002
Posts: 86,913
Likes (Received): 18178

Staying on track: Hong Kong town planning board rejects proposal to remove trams
South China Morning Post Excerpt
Friday, 23 October, 2015



A proposal to remove trams from Central to Admiralty was rejected at a meeting of the Town Planning Board today.

The application to do away with tram road usage in the Central District Outline Zoning Plan was presented to the board this morning. Planners questioned whether the proposal, submitted by retired planner Sit Kwok-keung, had enough evidence to support its claims.

This afternoon, the board announced that it had decided to reject the proposal.

“Your proposal is only half a page long. Have you done any assessment to back up your suggestion [of cancelling trams]? Any more objective and scientific assessment, and not just by impression?”asked board member and professor of architecture Ho Puay-peng. In reply, Sit answered: “No.”

The proposal would have amended the Approved Central District Outline Zoning Plan and eliminate mentioning ‘tram’ in its contents. It sought to remove trams from Des Voeux Road Central by Jubilee Street all the way to Queensway by Arsenal Street in Admiralty.

Upon its announcement in August, the plan triggered public outrage.

Senior town planner Jerry Austin said 22,385 public submissions were received to comment on the proposal, of which 98 per cent were against the proposal.

“Trams are an integral part of the transport network,” said Austin. “There is no proof that taking away trams would improve traffic congestion issues ... the main cause of traffic congestion is not the trams.”
__________________
Hong Kong Photo Gallery - Click Here for the Hong Kong Galleries

World Photo Gallery - | St. Petersburg, Russia | Pyongyang | Tokyo | Istanbul | Dubai | Shanghai | Mumbai | Bangkok | Sydney

New York, London, Prague, Iceland, Rocky Mountains, Angkor Wat, Sri Lanka, Poland, Myanmar, and much more!
hkskyline no está en línea   Reply With Quote


Reply

Tags
hong kong

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Related topics on SkyscraperCity


All times are GMT +2. The time now is 11:52 AM.


Powered by vBulletin® Version 3.8.11 Beta 4
Copyright ©2000 - 2018, vBulletin Solutions Inc.
Feedback Buttons provided by Advanced Post Thanks / Like (Pro) - vBulletin Mods & Addons Copyright © 2018 DragonByte Technologies Ltd.

vBulletin Optimisation provided by vB Optimise (Pro) - vBulletin Mods & Addons Copyright © 2018 DragonByte Technologies Ltd.

SkyscraperCity ☆ In Urbanity We trust ☆ about us | privacy policy | DMCA policy

tech management by Sysprosium