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Hong Kong land sale

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Hong Kong land sale
The latest news, analysis and opinion on Hong Kong land sale. In-depth analysis, industry insights and expert opinion.
A residential site in Tung Chung, originally designated for the Private Subsidised Sale Flat Pilot Scheme, will be handed over to the Hong Kong Housing Society. Photo: Sam Tsang
Hong Kong housing

Hong Kong private subsidised flat scheme suffers new blow as site reassigned

Tung Chung site, originally designated for Private Subsidised Sale Flat Pilot Scheme, will be handed over to Housing Society, authorities say.

Hong Kong economy

New approach to fast-track Hong Kong industrial park gets thumbs up from firms

Hong Kong economy

Editorial | For Hong Kong’s fiscal health, commercial land sales should resume

Hong Kong economy

Exclusive | Hong Kong ‘could halt’ commercial land sales for second year over poor demand

Development chief Bernadette Linn also says it is ‘untrue’ that Lantau reclamation plan was shelved because of pressure from developers.

A minister has said a coming megaproject will not focus on creating another central business district. Photo: Jelly Tse
Hong Kong housing

First developer withdraws from Hong Kong land sharing scheme amid slow economy

Lawmaker Wendy Hong says scheme’s conditions are not attractive as developers can only break even rather than make a profit.

John Lee policy address 2025

Opinion | Hong Kong doubles down on innovation and accountability for its future

From embracing new development models to holding civil servants accountable, the 2025 policy address could be the most transformative yet.

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Hong Kong politics

Opinion | Northern Metropolis can be Hong Kong’s new growth engine

By focusing on the project, leaders are addressing pressing needs such as jobs and housing – and laying the foundation for the city’s next phase of development.

A view of fish ponds in San Tin on September 1. Moves announced at the chief executive’s policy address will provide the legal framework and other policy tools needed to realise the government’s ambitious vision for the Northern Metropolis. Photo: Edmond So
Hong Kong economy

Opinion | Kai Tak infrastructure projects shouldn’t be developed in isolation

Fragmented tendering could stifle long-term plans for transport connectivity, tourism and urban planning before they even get off the ground.

Sino Land Co

Sino Land wins Tuen Mun land tender with HK$1 billion bid as market improves

The transaction marks the Hong Kong government’s first residential plot sale this financial year.

Hong Kong economy

Editorial | Pragmatic approach will help take Northern Metropolis forward

That tenders for two sites could not go ahead despite concessions to market demands attests to the project’s challenges.

The Kwu Tung MTR station serving the Northern Metropolis is expected to be completed in 2027. Photo: Eugene Lee
Hong Kong property

Hong Kong government to offer just 1 residential plot for sale this quarter

A 6,500-square-metre plot at the junction of Wing Shun Street and Texaco Road in Tsuen Wan will be tendered in the July to September quarter.

View of a plot at the junction of Wing Shun Street and Texaco Road in Tsuen Wan, which will be offered for sale this quarter. Photo: Edmond So
Hong Kong economy

Hong Kong to keep expanding land bank, but not to offset deficit: Paul Chan

Finance chief also says government will address plans to build artificial islands off Lantau waters at later stage, despite calls to halt project.

Hong Kong housing

Hong Kong approves land grants to cash-strapped urban renewal body in rare move

Statutory body handed Hung Hom and Tseung Kwan O sites to support redevelopment projects, with a condition to review its financing model.

Hong Kong economy

Hong Kong confident in megaproject bids amid economic headwinds

Secretary for Development Bernadette Linn optimistic of successful tenders for Northern Metropolis projects despite US-China tensions.

The pilot scheme includes an 18.6-hectare site in San Tin, one-third of which will be allocated for private housing. Photo: May Tse
Northern Metropolis

Opinion | Why decision on a Northern Metropolis authority can’t be rushed

It all hinges on execution. Detailed public consultations will ensure any such authority serves both economic and society’s needs.

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Financial Secretary Paul Chan Mo-po leading a delegation of enterprise representatives to visit the site for the Northern Metropolis on November 29. Photo: Handout from Hong Kong’s Information Services Department
Hong Kong housing

22 Hong Kong, mainland firms express interest in pilot Northern Metropolis scheme

Henderson Land Development, New World Development and Sino Land among those to signal interest, after Beijing official urged involvement.

Hong Kong housing

Hong Kong eyes ‘pay for what you build’ approach for developers adjusting leases

Developers currently pay land premiums based on maximum floor area when they modify leases, development chief Bernadette Linn notes.

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Hong Kong economy

Explainer | Hong Kong is granting Northern Metropolis land to tech firms. Will it pay off?

Financial Secretary Paul Chan earlier announced departure from traditional tender process to entice companies with cutting-edge technology.

The new process is excepted to be used for developing the San Tin Technopole. Photo: May Tse
Northern Metropolis

Opinion | Hong Kong must ensure it won’t lose control of Northern Metropolis

As the city moves away from conventional development models, risks and rewards with the private sector should still be distributed fairly.

Hong Kong economy

Hong Kong to press on with selling residential plots amid warnings of oversupply

Development minister Bernadette Linn also says government will not give up on project to build artificial islands in waters off Lantau.

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Hong Kong budget 2025-26

8 residential sites Hong Kong to sell in 2025-26 will yield 4,450 private flats

Each of eight plots expected to deliver between 193 and 985 flats, with first site in Tuen Mun to be rolled out between April and June.

The Tsuen Wan area. Along with other redevelopments and projects, 13,700 private flats were expected to be created in the coming financial year, 500 above the official target. Photo: Sun Yeung
Hong Kong property

Singapore’s Mapletree wins tender for Hong Kong logistics site

Unit of Temasek Holdings-owned company, the sole bidder, pays about US$473 million for the parcel.

Hikers climb Tai Mo Shan with Tsing Yi and Tsuen Wan in the background on February 25, 2025. Photo: Eugene Lee
Hong Kong property

Hong Kong land sale to fetch around US$76 million amid developer caution

The New Territories site – the only residential plot offered in the previous quarter – has attracted bids from six developers.

Hong Kong housing

Hong Kong to expedite approvals to keep construction sector from contracting

Repeated failed land bids had prompted some construction and architectural firms to cut jobs, force staff to go on unpaid leave.

Hong Kong property

Hong Kong to offer single land plot this quarter amid developer caution

The plan for the Tung Chung site has been revised to allow for 745 flats following an unsuccessful tender in 2023.

A view of developments in Tung Chung New Town on June 17, 2024. Photo: Jelly Tse
Hong Kong housing

Hong Kong floats land premium offer to boost interest in 2 large sites

Incentive aims to promote modern industrial development at two sites in Northern Metropolis.

A site in Hung Shui Kiu has 45 per cent of its 12.5 hectares reserved for “enterprise and technology park” purposes. Photo: Winson Wong
Hong Kong politics

Hong Kong will not restore land-sale scheme axed in 2013, development chief says

Mechanism allowed developers to apply for sites listed by the government and offer a minimum price, triggering a public auction or tender.

Hong Kong economy

Is Hong Kong’s system of assessing land demand broken? Experts have the answers

Professor Liu Pak-wai says geopolitical headwinds and integration with mainland China warrant reassessment of city’s land needs.

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