Land-hungry Hong Kong looks for options to house its people
[HONG KONG] Wild boar and water buffalo are not an image most people associate with one of the world's great global financial centres. Yet in Hong Kong, where more than seven million people are packed into just 30 per cent of the territory, the green belts, country parks, woodlands and wetlands that take up the rest of the land provide ample space for such animals to roam.
That could be about to change. As officials scour the territory for new places to build, the prospect of going underground, creating man-made islands or developing the city's cherished parks are all among the options being discussed. One idea is to build a cross-harbour pedestr…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
London mansions sold at 30% discount spell gloom for luxury market
Delfi Orchard up for collective sale at S$438 million guide price
US existing home sales drop in March; median price increases
German home building permits tumble 18% in February, extending rout
China national who had Singaporeans front plan to buy East Coast houses pleads guilty
Freddie Mac seeks regulatory approval to back home-equity loans