Property News · July 30, 2018

Land reclamation is key to solving Hong Kong’s housing woes, says tycoon Ronnie Chan


Land reclamation is the key to tackling the housing crisis that has made Hong Kong the world’s most expensive property market, according to tycoon Ronnie Chan Chi-chung.
“Otherwise, it will be difficult to solve the land shortage problem in Hong Kong,” he said after his company Hang Lung Properties announced a slump in first-half profit on Monday.
But he stressed he would oppose any reclamation work in Victoria Harbour.
Reclaiming land an unavoidable part of Hong Kong’s…

Source : South China Morning Post
Read more…Land reclamation is key to solving Hong Kong’s housing woes, says tycoon Ronnie Chan