Review of the points about the NEND
The House News
11th June, 2014
Reasons for HKSAR Gov to Drop NENT Development Plan: A 15-min Download
1. It cannot resolve Hong Kong’s property problems
The North-East New Territories Development Plan (NENT Plan) involves 614 hectares of land. 400 hectares of the plan require the government to purchase from land owner. Residential development accounts of 96 hectares of the whole project, which is estimated to provide 60,700 residential units: 40% public housings and 60% private housings. The majority of the private housing portion of the project is “low density luxurious housing” (54 hectares), and only 36 hectares of the whole project is used for pubic housings – that is 6% of the whole project.
The Fanling Golf Course, occupying 170 hectares of land, is being taken out of the project plan. The plot of land can potentially be turned into a residential project that…
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