Hong Kong developers may apply to build estates mixing private and public housing after three applications were approved
- Authorities have given the greenlight to three housing projects under a pilot scheme launched by former chief executive Carrie Lam in 2019
- The government is still considering two other applications under the Land Sharing Pilot Scheme
More Hong Kong developers may apply to participate in a government pilot scheme aimed at using private land for public housing after authorities endorsed three applications, which aim to build a total of 21,600 flats, with 15,100 for public housing.
The three applications made under the Land Sharing Pilot Scheme involved sites in Yuen Long and Tai Po districts, and were endorsed by the Executive Council, a key decision-making body. A panel of advisers established by the government under the pilot scheme earlier backed the proposals.
One of the applications, jointly made by Topwood, Success King and Richduty Development, which are all under Sun Hung Kai Properties, seeks to build about 1,870 public housing or starter flats and 1,260 private homes on a site on Ho Chau Road in Yuen Long, covering a total gross floor area of about 133,400 square metres (1.4 million square feet). The panel said the proposal struck a balance between housing demand and conservation.
Another application, for a 19.3-hectare site (47.7 acres) on She Shan Road and Lam Kam Road in Tai Po, was made by Ocean Target Enterprises of Henderson Land Development and Gettenwood Company and Fullmark Development, all under Wheelock Properties.
