History of New Towns Development: Hong Kong government began various projects for new towns development in rural area since 1950 in order to accommodate the booming population. These new towns projects delicately assign land use for public housing projects, highways,…

New towns development in Hong Kong continues

New rail connections link Shatin to Central for convenient living
Given that the purpose of a railway network is to serve the general public, The Shatin and Centrel line (SCL) is the latest strategic railway lines recommended in the Railway Development Strategy 2000. Since 2008, MTR Corporation Limited, the operator of…

In the limited land resources to motivate commercial development
Some people think that Hong Kong where is full of business opportunities. Although facing with the problem of land limited, bring limitless commercial opportunities unexpectedly. Hong Kong government had through different policy or suggestion to fulfill commercial needs. For Example,…

Bring a brand new face after Wan Chai Development Phase II (WDII) completed
Hong Kong government seeks more land to fulfill increasing amount people in Hong Kong. Therefore it urgently needs an urban master plan. Much reclamation has taken place in prime locations on the waterfront on both sides of Victoria Harbour –…

The urge to industrial property re-development
There is growing concern among entrepreneur that the property costs of doing business in Hong Kong are close to unsustainable levels. It is a logical thinking that using the industrial sector as a source of land supply as this sector…

What’s fueling the property bubble? When will be the bubble burst?
The HKMA’s counter-cyclical prudential measures and financial stability The age of a “blazing hot” property market in the 1990s: a time almost too painful to recall “On the final day to register for subscription for flats in Carmen’s Garden in…

Property price: from soaring to shrinking
Warnings of housing bubble in HK by IMF The Deputy Managing Director, Min Zhu, of the International Monetary Fund (IMF) has published an article named “Era of Benign Neglect of House Price Booms is Over”, justifying the alarming housing bubble…

Redevelopment of Kwun Tong: Kwun Tong Town Centre Project
The Kwun Tong Town Centre project is one of the redevelopment projects announced but not yet commenced by the Land Development Corporation in 1998. Occupying a site area of 570,000 square feet, this multi-billion-dollar project will be the largest single…