Airport Authority to take over 11 SKIES after deal ends early
New World will transfer the airport-area project’s assets and pay more than HK$3 billion as the authority prepares a new operating plan.
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New World will transfer the airport-area project’s assets and pay more than HK$3 billion as the authority prepares a new operating plan.
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About 100 hectares is reserved for the project; most of the technopole’s land was previously expected to be released after 2030.
Sun Dong says some overlap is reasonable; firms proposing certain work at San Tin may be referred to other sites.
The Housing Bureau will examine the unit’s plans, technical requirements and building deed before deciding whether the subdivision qualifies.
The proposed public-housing scheme’s development scale and timing will be reviewed after the court cancelled its environmental approval.
Housing Secretary Winnie Ho said the waiting time could fall to four years or less by 2030/31, although annual supply may cause fluctuations.
The Housing Department has paused pouring at affected locations while further core tests are carried out, with the impact on construction progress assessed as minor.
The first session will cover 35 households, while an exhibition in Kwun Tong displays models of two Tai Po developments.
A proposed 25-storey building would bring legal training and mediation facilities to a site between Lockhart Road and Jaffe Road.
The first 10 numbers in each application batch have been drawn, with flat selection expected to begin by the end of September.
English coverage informed by local Chinese-language reporting. Original sources linked in every story.