Source: Hong Kong Government special administrative region
In-situ land exchange arrangements for San Tin Technopole to invite applications
In accordance with the in-situ land exchange arrangements for the Enhanced Conventional New Town Approach (refer to Practice Note No. 13/2023), the scope for land exchange applications this time covers some of the sites planned for private residential development (about 17.7 hectares), mixed residential and commercial development (about 7.5 ha) and modern industry sites mainly for logistics and storage uses within the STT (about 8.8 ha).
The deadline for submitting applications is October 16, 2026, while the deadline for acceptance of binding basic terms offer (with premium) is August 17, 2027. If an application cannot be concluded within the specified deadline, the Government will proceed to initiate land resumption procedures in taking forward the development of the new development area so as not to delay the overall works programme.
Besides, the Pilot Scheme on “Pay for What You Build” will also be applicable to non-residential use developments (refer to Practice Note No. 2/2026) under the scope for land exchange applications in the subject Practice Note.
Together with the Hong Kong-Shenzhen Innovation and Technology Park at the Loop, the STT has a total development area of over 600 ha, half (300 ha) of it will be I&T land. The I&T land is capable of accommodating a gross floor area of about 7 million square metres, equivalent to 17 Science Parks, and comparable to the size of the 300-hectare I&T zone in Shenzhen on the other side of the Shenzhen River.
Issued at HKT 19:38
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