According to the information of the past 10 years, of the private land repossessed in the first phase of the Kwu Tung North New Development Area in December 2019, about 91,602 sq. ft. after repossession, together with other government land, will be granted through public tender for private property development in 2021 , Kwu Tung Area 25 and Kwu Tung Area 24 respectively. Among them, the 25th area of Kwu Tung was won by SHKP for 8.614 billion yuan in April last year, and the land price per square foot was 7,183 yuan; while the 24th area of Kwu Tung was won by Wheelock at 4.185 billion yuan, and the land price per square foot was about 8,499 yuan. Yuan.
The government has no intention to revise the small house policy
Chen Yueming also asked whether the government would revise the small house (small house) policy in the New Territories, and merge the development of "small houses" with Dingquan. Wong Wai Lun pointed out that the proposal to develop Ding Buildings will significantly change the small house policy. Furthermore, from the perspective of land use and development, the land originally planned for the development of low-rise and low-density buildings may not be suitable for the development of high-rise and high-density buildings. The feasibility of the proposed land use (including spatial planning, transportation, environment, sewage, etc.) must be established through technical studies.
