No Details on Much Anticipated Farmland Conversion in HK CE's First Policy Address
Carrie Lam’s first policy address did not provide details on the much-anticipated farmland conversion as a means to jump-start the newly announced Starter Homes scheme. Instead, the scheme will utilize a government-owned site for its pilot project. This is not surprising considering the difficulty of the existing farmland conversion process in provisioning private land for the private housing market. Creating a new conversion process with a goal of provisioning private land for the public housin...Sun Hung Kai Properties is an investment holding company, engaged in the development of and investment in properties for sale and rent, hotel operation, telecommunications, transportation, infrastructure and logistics. Co.'s segments include Property development for sale, Property investment for rental, Hotel operation, Telecommunications, Transport infrastructure and logistics, and other businesses. Co.s' property development for sale focuses on land acquisition, project planning, material sourcing, construction and project management. Co.'s property investment for rent focuses on built, leased and managed a range of commercial projects in both core and decentralized areas.
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