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    Democratic and Reform Resources Centre, Powered by Joomla!
    6 Dec 2010 列印 E-mail

    Category

       Land and Housing Policies

    Issue

    • The development of Tin Shui Wai

    News Content

    • According to today’s SCMP, a secret deal between the colonial government and developer Mightycity Company, now owned by Property tycoon Li Ka-shing’s Cheung Kong (Holdings) and China Resources, was inked in 1982, under which commercial developments in the government buildings in Tinshuiwai are not allowed to compete with those in the district’s sole private estate, Kingswood Villas.
    • Mightycity built Kingswood Villas in phases from 1992 to 1999. It included 75,000 sq. metres of commercial areas comprising the Kingswood Ginza mall and the Harbour Plaza Resort City.
    • Although government officials said the deal was cancelled in 2002, the limits on proper zoning and town planning had been imposed.
    • The report said the master development plan and the outline zoning plan approved in 1995 and 1998 respectively assigned most of the land in TSW for residential use. And the little space of commercial activities (comprising 61,000 sq. metres of floor area) was then sold to the Link in 2005. 

    Questions

    • The report raised questions if there might be other deals being kept from the public over the years that might have an impact on today’s city planning.