Category: MIL-OSI

Source: Hong Kong Government special administrative region – 4

The Government announced today (October 15) the quarterly land sale programme for the third quarter of 2026-27, i.e. October to December 2026.
 
The Secretary for Development, Ms Bernadette Linn, said the Government will put up for tender a site at the Junction of Tai Chung Kiu Road and On Sum Street, Shek Mun, Shatin, for private residential development in the third quarter of the 2026-27 financial year. The site has a floor space of around 48 090 square metres and can provide around 960 flats. The site is situated in a mature residential neighbourhood and in close proximity to Shek Mun MTR Station, with comprehensive surrounding infrastructure and traffic network. Originally zoned for commercial use, the site is selected from the Annual Land Sale List announced in February this year and has obtained planning approval from the Town Planning Board for private residential development. The prospective developer shall set aside some floor space for the provision of a public vehicle park on site which can be exempted from gross floor area calculations according to the policy announced last year.
 
Apart from government land sale, other sources of private housing supply in this quarter include the Urban Renewal Authority’s To Kwa Wan Road project, which is estimated to provide around 1 050 flats. As for private development and redevelopment projects, seven projects are expected to complete the lease modification or land exchange procedures in the third quarter, providing a total supply of around 1 835 flats, demonstrating developers’ optimistic attitude towards market prospects. 
 
In addition, the Development Bureau had invited the market to submit expressions of interest for student hostel development at three commercial sites in Kai Tak, Siu Lek Yuen (Shatin) and Tung Chung East in January 2026, and received a positive response. The Development Bureau plans to put up for tender the Siu Lek Yuen (Shatin) site in this quarter, which is estimated to provide around 600 beds. The site is situated in close proximity to City One MTR Station and Shek Mun MTR Station, as well as nearby post-secondary institutions. Having regard to the tender result of the Siu Lek Yuen (Shatin) site, the Government will consider the way forward on the other two sites.
 
“Taking all of the above sources of land supply into account, the total private housing land supply in the third quarter of this financial year would support the development of around 3 845 units. Together with the supply from the first two quarters of this financial year, the total private housing land supply in the first three quarters of this financial year is expected to support some 15 680 units, which has already exceeded our annual target of private housing supply, i.e. 12 600 units,” Ms Linn said.
 
Ms Linn continued, “Although the target has already been met, we will continue to roll out land to the market in the third quarter based on three considerations: (1) the annual supply target is not a rigid indicator, the Government has all along evaluated the pace and trend of market supply in its totality from a macro perspective; (2) some development projects co-ordinated by the Government (e.g. the Northern Metropolis, railway property development and urban renewal projects) have their own specific timeframes in meeting the Government’s policy needs and the holistic development of their respective areas; and (3) with the generally positive market sentiment, there is sufficient demand and capacity for developers to take on mature urban land. The Government will continue to assess the circumstances and roll out land flexibly according to policy needs and market conditions.”
 
The site to be tendered from October to December 2026 is in the Annex. The actual tender timetable will be drawn up taking into account the progress of necessary preparatory work. The Lands Department will announce the detailed land sale arrangements before individual sites are put up for tender.

Source: Hong Kong Government special administrative region – 4

The following is issued on behalf of the Hospital Authority:
 
The spokesperson for the Hospital Authority (HA) today (October 15) made the following appeal regarding a patient whose condition requires urgent liver transplant:
 
A 13-year-old boy who requires an urgent liver transplant is currently hospitalised at Queen Mary Hospital and is in serious condition. The patient has been experiencing severe hepatic failure and developed severe complications including recurrent hyperammonemia and cholangitis. The patient is clinically assessed as requiring an urgent liver transplant and is listed at the top of the liver transplant waiting list for O+ blood group.
 
In response to the urgent appeal from the patient’s family, the HA appeals to members of the public to proactively support organ donation and consider donating the organ of a deceased relative to rekindle the lives of others.
 
In view of the critical condition of the patient, in addition to proactively searching for a suitable liver locally, the HA will also seek assistance from the Mainland through the Hong Kong Special Administrative Region Government as soon as possible. When a patient who is willing to donate an organ passes away and no suitable patient is identified to receive the organ on the Mainland, the cross-boundary organ donation and matching mechanism will facilitate a transplant in Hong Kong to bring hope to a critically ill patient.
 
The spokesperson emphasised that when a suitable liver is found, the HA will strictly follow the relevant organ transplant regulations and make an application with the authorities to ensure that all procedures comply with relevant standards and regulatory requirements. The HA will arrange transplant operations that aim to save the patient’s life as soon as possible.
 
For critically ill patients with organ failure, an organ transplant is often the only hope to extend their lives. When the families of deceased patients show a selfless act of love and donate the deceased person’s organs to save dying patients, it not only gives critically ill patients the hope of life, but also eases the hardship of their families. The HA appeals to the public to pass on their great love, blessing and care to those who are still fighting for their well-deserved lives.

Source: Hong Kong Government special administrative region

Source: Hong Kong Information Services

Financial Secretary Paul Chan began a visit to Bangkok, Thailand today by attending the Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group, as a member of the Chinese delegation.

Mr Chan attended a roundtable co-organised by the IMF and the Hong Kong Monetary Authority. The session explored how economies in the Middle East and Central Asia can better leverage the vast opportunities offered by Hong Kong’s investment and financing markets.

In a speech, Mr Chan said that the increasingly close financial ties between Hong Kong and both the Middle East and Central Asia allow investors diversify their portfolios and help enterprises to raise capital. As economies in the two regions continue to develop and diversify, Hong Kong can support them by mobilising long-term capital, broadening currency options, and sharing risks.

Regarding long-term capital mobilisation, he emphasised that Hong Kong’s common law system under “one country, two systems”, its free flow of capital, the Linked Exchange Rate System, its diverse investor base, and its connectivity with both Mainland and international capital markets all provide a solid foundation for investment.

On broadening currency options, he outlined that Hong Kong continues to enhance its offshore Renminbi (RMB) ecosystem to facilitate financing, settlement and investment. He said this helps enterprises with close business ties to the Mainland reduce currency conversion risks, allowing them to better align the currencies of their receipts, payments and borrowings.

Mr Chan invited international multilateral organisations, financial institutions and insurers to collaborate on promoting more efficient capital mobilisation and risk management, enabling all parties to share in the benefits of economic development. He added that Hong Kong’s concentration of professional expertise and extensive experience can help structure projects to make them bankable, fostering a virtuous cycle in which investment drives growth and growth creates investment opportunities.

Mr Chan also called on Chinese Ambassador to Thailand Zhang Jianwei, to exchange views on Thailand’s economy, China-Thailand relations and the international landscape. During the meeting, he provided an update on Hong Kong’s economy and an overview of the city’s First Five-Year Plan. The two parties discussed strengthening economic, trade and people-to-people exchanges between Hong Kong and Thailand.

Additionally, Mr Chan met the International Finance Corporation’s Regional Vice President for Asia and the Pacific Sarvesh Suri to discuss deepening co-operation across several key areas.

These included mobilising private capital to support sustainable development in infrastructure, education, healthcare and the digital economy; participating in the formulation of relevant international standards; strengthening financing support for trade, supply chains and small and medium-sized enterprises; using financial instruments such as catastrophe bonds to manage and share climate risks; and enhancing co-operation in talent training.

Mr Chan will continue his visit to Bangkok tomorrow, when he will attend the plenary session of the Annual Meetings of the IMF and the World Bank Group.

Source: Hong Kong Information Services

The Government will put a site in Shek Mun, Shatin out for tender for private residential development, Secretary for Development Bernadette Linn said today.

The tender was announced as part of the land sale programme for the third-quarter of 2026-27, and will run from this month until December.

The site is located at the junction of Tai Chung Kiu Road and On Sum Street. It has a floor space of around 48,090 sq m and can provide around 960 flats.

Ms Linn explained that the site is situated in a mature residential neighbourhood. Close to MTR Shek Mun Station, it has comprehensive surrounding infrastructure.

Originally zoned for commercial use, the site has received planning approval from the Town Planning Board for private residential development. Any approved developer will be requited to set aside some floor space to provide a public car park.

Other sources of private housing in this quarter’s land programme include the Urban Renewal Authority’s To Kwa Wan Road project, which is estimated to provide around 1,050 flats.

As for private development and redevelopment projects, seven are expected to complete lease modification or land exchange procedures in the third quarter, providing a total supply of around 1,835 flats. Ms Linn said this demonstrates developers’ optimistic market outlook.

Taking all sources of land supply into account, the total private housing land supply in the third quarter of this financial year will support the development of around 3,845 units.

Ms Linn said: “Together with the supply from the first two quarters of this financial year, the total private housing land supply in the first three quarters of this financial year is expected to support some 15,680 units, which has already exceeded our annual target of private housing supply, ie 12,600 units.”

Ms Linn said the Government will nevertheless continue to roll out land to the market.

She explained: “Firstly, the annual supply target is not a rigid indicator; the Government has all along evaluated the pace and trend of market supply in its totality from a macro perspective.

“Secondly, some development projects co-ordinated by the Government, e.g. the Northern Metropolis, railway property development and urban renewal projects, have their own specific timeframes in meeting the Government’s policy needs and the holistic development of their respective areas.

“Thirdly, with the generally positive market sentiment, there is sufficient demand and capacity for developers to take on mature urban land. The Government will continue to assess the circumstances and roll out land flexibly according to policy needs and market conditions.”

In addition, the Development Bureau plans to put up for tender a Siu Lek Yuen site in Shatin for student hostel development this quarter. It is estimated the project will provide around 600 beds.

Ms Linn remarked that the site is near MTR City One Station and MTR Shek Mun Station, as well as post-secondary educational institutions.

Source: Hong Kong Information Services

The Lands Department announced today that it registered 12 lease modifications, two land exchanges and one lot extension in the Land Registry during the quarter ending September, generating a total land premium of approximately $2.934 billion.

Among the 15 registered transactions, two were technical changes involving no premium.

Five are located on Hong Kong Island, seven are in Kowloon and three are in the New Territories.

Another seven lots were granted by private treaty during the period.

One was granted to the government-owned Hung Shui Kiu Industry Park Company Limited for the development of an industry park, two were granted to the Housing Authority for public housing developments, and the remaining four were located in the Loop, Shek O, Yuen Long and Hung Hom.

Source: Hong Kong Information Services

The Lands Department today posted the first batch of resumption notices and acquisition notices for the development of the Ngau Tam Mei New Development Area (NTM NDA).

Under the Lands Resumption Ordinance, a total of 1,043 private lots, covering an area of about 62 hectares, will be resumed for the project.

In addition, government land occupied by 23 graves and 22 urns, and covering an area of about 450 sq m, as well as land occupied by 27 fishponds, totalling 2,700 sq m, will be acquired under the Land Acquisition (Possessory Title) Ordinance.

All of the land will officially revert to the Government on January 16.

The department will post notices in areas concerned about three months before the departure deadlines for affected parties. It estimates that those affected will need to move out starting from the second quarter of 2027 at the earliest.

The NTM NDA represents the fifth NDA development to be launched within the Northern Metropolis. It will be developed alongside the San Tin Technopole as part of the San Tin University Town under an integrated town-planning concept.

The campus area in the NTM NDA is about 52 hectares. This includes an area of about five hectares reserved for the construction of Hong Kong’s third medical school.

Site formation and infrastructure works for the NTM NDA are scheduled to commence in the first half of next year. “Spade-ready sites” will be available progressively starting from the end of 2028.