Property News · September 26, 2019

Henderson offers 1 million sq ft of Fanling farmland for public homes, saying it would yield to any seizure by Hong Kong’s government of private land


Henderson Land Development, the third-biggest private landowner in Hong Kong, said it would yield to any government seizure of private land for public housing, a day after New World Development donated a fifth of its farmland reserves.“We will cooperate with the government if it invokes the Lands Resumption Ordinance to take back these land we own,” Henderson said in a written response to queries by South China Morning Post.Henderson, founded by Hong Kong’s nonagenarian tycoon Lee Shau-kee, is…

Source : South China Morning Post
Read more…Henderson offers 1 million sq ft of Fanling farmland for public homes, saying it would yield to any seizure by Hong Kong’s government of private land

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