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HONG KONG
Redevelopment of former KITEC site
Originally approved in March 2023, the redevelopment plan envisioned three commercial towers totaling 1.77 million square feet, including dedicated industrial exhibition space. However, amid a softening commercial property market and shifting urban planning priorities, the consortium submitted a revised proposal in early 2024 to the Town ...

Sandy Ridge I&T site put up for sale
The site is situated in the Northern Metropolis and is adjacent to Lo Wu. With an area of approximately 116,365 sq m, it has been rezoned for "Other Specified Uses", specifically "Innovation & Technology" (I&T), and designated for the development of a data facility cluster and related industrial purposes...

Long Term Housing Strategy 2025: Key Takeaways for Hong Kong's Development Sector
The HKSAR Government's Long Term Housing Strategy Annual Progress Report 2025 sets an ambitious housing supply target of 420,000 units over the decade from 2026-27 to 2035-36. This strategic outlook reflects...

Kai Tak Smart Green Transit System expected to launch in 2031
Innovative financial model and regulatory framework to drive integrated transport and property development: The Hong Kong SAR Government has approved the financial framework for the Kai Tak Smart Green Collective Transport System (I-GT), with public tendering for the franchise...

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