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A view of rural land in northern Hong Kong, with Shenzhen in the background. Photo: Roy Issa

Under “one country, two systems”, Hong Kong needs a unified land administration system for Hong Kong Island, Kowloon and the New Territories, as part of a sound housing policy.

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Good livability, in terms of living space per capita, work opportunities, and access to education and other facilities, should all be taken into account in a planning system that has a good understanding of the overall socio-economic development road map.

As part of our integration with the Greater Bay Area, New Territories planning should be aligned with Shenzhen development. The relevant Hong Kong government departments and business associations should meet their Shenzhen counterparts to explore development, business and social opportunities for citizens on both sides.

Planning of Hong Kong’s New Development Areas must include both housing and economic development. Work opportunities in the area will reduce the need for long journeys and address the current northbound-southbound commuting imbalance.

For New Development Areas, we suggest that the ratio of subsidised to private housing should be no less than 70:30. (Currently, it is 45:55.)

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Hong Kong financial secretary Paul Chan on land and housing issue in the city

Hong Kong financial secretary Paul Chan on land and housing issue in the city

In planning the New Territories, the government should involve business associations in working out a blueprint for developing economic sectors – including land-intensive sectors like logistics.

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