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Old April 13th, 2013, 06:18 PM   #561
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2/20

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Untitled by David Davidoff, on Flickr
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Old April 27th, 2013, 07:43 PM   #562
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3/14

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Old June 11th, 2013, 06:31 AM   #563
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Kai Tak prize to state firm
The Standard
Thursday, June 06, 2013

In a cynical turn of events, the first two sites allotted for building homes solely for locals was awarded to a mainland state-owned enterprise for HK$4.54 billion.

China Overseas Land & Investment (0688) outbid at least 16 other developers - including a bevy of local titans such as Sun Hung Kai Properties (0016), Cheung Kong Holdings (0001), Henderson Land (0012) and Sino Land (0083) - to clinch through two separate bids the 1H1 and 1H2 plots at Kai Tak for HK$2.27 billion each.

The two sites measure 83,639 square feet and 92,400 sq ft and cost HK$5,428 and HK$4,913 per buildable square foot respectively - the upper range of market estimates.

COLI managing director Tony Yau Wai-kwong said the developer had eyed plots in the Kai Tak development area for a long time.

He said the two plots are nearest to the proposed MTR Kai Tak Station.

"Total investment cost including the land price will amount to HK$9 billion," Yau said. He stressed the firm made a bid after taking all government restrictions into account.

At least 1,145 flats have to be built on the two sites and all must be put up for sale. Yau said COLI - one of the first mainland developers to list in Hong Kong in 1992 - plans to construct four residential blocks on each site.

The plots sold were chosen as pilot sites for the "Hong Kong Property for Hong Kong People" scheme proposed by Chief Executive Leung Chun-ying.

All buyers must be permanent residents.

Michael Choi Ngai-min, a member of the government's Long Term Housing Strategy Steering Committee, said future homes at the sites would be sold at a relatively high price.

Surveyors said they could be sold above HK$10,000 psf or for as much as HK$30,000 psf.

Meanwhile, agents revealed that the secondary home sellers at The Latitude, situated near Kai Tak, are now opting to rent out their homes instead.

Brian Chan Chi-yan at Midland Realty said homeowners at The Latitude had reduced their price cuts to an average of 3 percent from the earlier 8 percent right after learning that 29 bids were submitted for the two sites on Friday.

Separately, the Chinachem Group outbid five tenders to win the 90,396 sq ft site near the MTR at Long Ping South for a lower than expected HK$1.3 billion.
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Old June 11th, 2013, 03:44 PM   #564
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Hmm any photos of the newly completed terminal?
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Old June 12th, 2013, 05:23 PM   #565
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Quote:
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Hmm any photos of the newly completed terminal?
News photos from today and the first docking :









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Old June 14th, 2013, 11:36 AM   #566
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Easy sailing for new cruise terminal
The Standard
Friday, June 14, 2013





The Kai Tak Cruise Terminal's first visitor concluded its 20-hour stop amid a minor taxi hiccup.

Mariner of the Seas, a 3,000-passenger ship operated by Royal Caribbean International, left for Japan at 4pm yesterday.

It will then proceed to South Korea and Shanghai.

Tourism commissioner Philip Yung Wai-hung said the taxi shortage on Wednesday was quickly resolved and there was no such problem yesterday.

Jeff Bent, managing director of Worldwide Cruise Terminals - the consortium that operates Kai Tak - said one of the three security companies mistakenly thought that no taxis should be allowed to enter the terminal.

That led to the absence of cabs between 8:30pm and 8:45pm on Wednesday.

A male Malaysian tourist described it as "chaotic" after passengers spent "a long time to get on coaches to visit nearby shopping malls."

But others said they are bound to come back. "We hope that cruises can stop in Hong Kong for a longer period of time, say one or two days, so that we can have more time to shop," said a woman tourist.

Travel Industry Council chairman Michael Wu Siu-ying said shuttle bus services should be provided by the terminal's operator to connect Kai Tak to more areas.

And these should include Kowloon City, shop managers there said.

Daisy Fong, of Yuen Hing Foods, said she did not see a single passenger. "This is not unexpected. There is no support in place to bring them to the old district," she said.

Kai Tak's next visitor is the Voyager of the Seas, also from Royal Caribbean International, on October 15.
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Old July 6th, 2013, 06:08 AM   #567
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Fantasy project aiming to take off at Kai Tak
The Standard
Friday, June 21, 2013

The old airport site looks set to land some fun and fantasy over the next few years.

An 80-hectare recreational landmark, dubbed Kai Tak Fantasy, will reflect the aviation and maritime history of the historic area - site of a newly opened cruise terminal.

The project is expected to take in the tip of the runway, Kwun Tong ferry pier and typhoon shelter.

Now, over the next two months, the head of the Energizing Kowloon East Office wants the public to give its views on a planned design competition for the development.

"We believe Kai Tak Fantasy has a huge potential to be developed into a world-class tourism hub and an `edutainment' destination," Raymond Lee Kai-wing said.

Lee yesterday described how the tip of the runway is already zoned as a tourism center, park and helicopter ramp.

The pier area will be set aside for cultural events and the typhoon shelter will host water activities such as dragon boat races.

Lee said the government is planning to connect the project to the MTR network.

A "Green Map" will also promote environmentally friendly features.

Planners, architects and engineers will by the end of the year be asked to submit creative proposals for the KTF International Ideas Competition on Urban Planning and Design.

Short-listed proposals should be published around June next year in order to consider the reaction of those living nearby.

Results of the competition will be released by the end of next year.
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Old July 6th, 2013, 05:29 PM   #568
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Quote:
Originally Posted by hkskyline View Post
what are they going to do with these empty lands?
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Old July 10th, 2013, 05:48 PM   #569
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By sky4082 from dcfever :



By wwh11 from dcfever :

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Old July 10th, 2013, 05:49 PM   #570
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Quote:
Originally Posted by Highcliff View Post
what are they going to do with these empty lands?
You can check out the previous posts in this thread for the development plans.
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Old July 14th, 2013, 04:12 PM   #571
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7/14

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New Kai Tak..... by Hoi Kit Chung, on Flickr
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Old August 13th, 2013, 05:44 PM   #572
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By Wombat2012 from dcfever :

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Old August 13th, 2013, 07:02 PM   #573
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Is there any link where I can get a "full picture" of the entire project?
Besides the cruise terminal (which is very nice btw), what is going to be for the rest of the area?
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Old August 13th, 2013, 10:08 PM   #574
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What an awfull walls built in an area with a giant visual and economical potential in the near future !!
Why they don't innovate and stop building similar giant blocks close to each others ? It's desperating really !!
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Old August 24th, 2013, 06:43 PM   #575
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Quote:
Originally Posted by Highcliff View Post
what are they going to do with these empty lands?
Some time back, there was a huge mound of sand at the northern end of the kai tak runway.. it has been moved?
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Old August 24th, 2013, 06:44 PM   #576
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What is going on here? this is where the grand old terminal once stood... miss those days.
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Old August 25th, 2013, 07:25 AM   #577
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Quote:
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What is going on here? this is where the grand old terminal once stood... miss those days.
That section is the Shatin-Central subway line under construction.
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Old August 26th, 2013, 01:21 PM   #578
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That section is the Shatin-Central subway line under construction.
Woah. do they really need another subway line? there are subway lines nearby, which pass by here..

If they would have built one when kai tak was running, that would be better, people could have had the extra option, besides bus or taxi..
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Old August 26th, 2013, 02:27 PM   #579
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Quote:
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Woah. do they really need another subway line? there are subway lines nearby, which pass by here..

If they would have built one when kai tak was running, that would be better, people could have had the extra option, besides bus or taxi..
No subway lines pass by Kowloon City. This line will be extended across the harbour, offering relief to existing lines.

Building a line from scratch in a densely-built city is a logistical nightmare. Better they do it while it is empty - much cheaper.
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Old August 28th, 2013, 12:40 PM   #580
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Originally Posted by hkskyline View Post
No subway lines pass by Kowloon City. This line will be extended across the harbour, offering relief to existing lines.

Building a line from scratch in a densely-built city is a logistical nightmare. Better they do it while it is empty - much cheaper.
Thanks for the explanation. But from the map below, there is the KwunTong line, which has stations by the name of Lok Fu, Kowloon Bay, Kowloon Tong, Diamond hill, etc. All of them pass by the area.

http://en.wikipedia.org/wiki/Rail_tr...#MTR_route_map

Are they going to build another underwater tunnel across the harbour, or will it use the existing lines?
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