| HEADLINE NEWS | June 20, 2025 |
MACAO
Ponte 16's US$77M expansion plan launched
Following government approval last November, secured through an amendment to the site's land-concession, the project is now authorized to expand its footprint by 9,217 square metres, supplementing the existing 9,424-square-metre site. The upgraded complex ... <Read more>
Chief Executive Sam Hou Fai has provided further details on four major infrastructure projects outlined in the recent Policy Address, which aim to bolster Macau's economic and cultural development over the next decade. Among the key initiatives are a USD2.5 billion investment in a new university town in Hengqin and the creation of a USD1.5 billion...<Read more> HONG KONG
Phase 1 of Site 3 at Central Harbourfront scheduled for completion in Q4 2026
The flagship development at Central Harbourfront boasts a gross floor area (GFA) of over 1.6 million square feet and stretches approximately 400 meters in length. The project includes Grade A office and ancillary space...<Read more> 2 sites granted to URA
The HKSAR Government announced that a site at Bailey Street, Hung Hom, and a site in Tseung Kwan O Area 137 are granted to the Urban Renewal Authority (URA) by private treaty. The two sites to be rezoned for residential use will be granted for 50 years from the date of execution through statutory town planning procedures ... <Read more> New waterfront landmark planned near Hung Hom Station
The aim is to create a modern entertainment, dining, and leisure hub. The master plan includes high-rise outdoor recreational facilities such as skywalks, slides, and zip lines, as well as waterfront amenities such as yacht berths and water-based leisure activities...<Read more> Work to commence on 10 building projects
15 building plans approved in March, including 8 apartment and apartment/commercial developments. Consent was given for works to start on 10 building projects, which, when completed, will provide 74,150 sq m of gross floor area for domestic and 28,202 sq m of gross floor area ..<Read more> Marina development plans received
The invitation for the expressions of interest (EOI) for a marina development at the Aberdeen Typhoon Shelter expansion area closed on April 24, with the Development Bureau of the Hong Kong SAR Government, receiving eight submissions. The organisations making the submissions include local and overseas developers ... <Read more> Northern Railway Scheme approved
The Hong Kong government has officially authorized the Northern Link (NOL) Main Line railway scheme, marking a significant step toward enhancing regional connectivity. According to government officials, the NOL Main Line will serve as the primary transportation backbone of the Northern Metropolis, unlocking the development ... <Read more> Three tourism projects under planning
The Development Bureau recently invited the market to submit expressions of interest for eco-tourism development proposals at ex-Lamma quarry site, South Lantau Eco-Recreation Corridor, and Pak Nai and Tsim Bei Tsui. The three projects involve developing the ex-Lamma quarry site into an area for resort and outdoor recreational ... <Read more> 22 EOI received for Northern Metropolis
The Development Bureau invited the market to submit expressions of interest (EOI) for the three pilot areas of large-scale land disposal in Hung Shui Kiu/Ha Tsuen New Development Area, Fanling North New Development Area and San Tin Technopole on December 31, 2024. The invitation for the EOI closed on March 31, and ... <Read more> Capital works expenditure expected to reach HK$120 billion annually
The Hong Kong Special Administrative Region (HKSAR) government has unveiled its 2025-26 financial budget, emphasizing fiscal discipline, innovation, and sustainable growth. This year's budget introduces a suite of initiatives to support infrastructure development and ... <Read more> Green transit system plans to invite tenders in 2026
The Hong Kong SAR Government has recently received 27 expression of interest (EOI) submissions for the Smart & Green Mass Transit System (SGMTS) project in the Hung Shui Kiu/Ha Tsuen and Yuen Long South New Development Areas (NDAs).The Transport Department ... <Read more> Proposed construction of 50,000 residential units in Tseung Kwan O
The HKSAR government has recently announced a significant plan involving the reclamation works in Tseung Kwan O Areas 137 and 132. This initiative aims to provide more residential units and necessary public facilities to support the long-term development of Tseung Kwan O <Read more> San Tin Technopole awards contracts worth over HKD580 million
The Civil Engineering and Development Department has recently signed a contract worth approximately HKD228 million with Kuly Construction & Engineering Co Ltd for the Phase 1, Stage 1 (East) development of San Tin Technopole, involving site formation and infrastructure...<Read more> SKYTOPIA - Airport City's new brand presented
Airport Authority Hong Kong presented the Airport City blueprint to the business community at a major event earlier as the new brand of the development, SKYTOPIA, was unveiled <Read more> MTRC Tung Chung residential site awarded to Nan Fung Group
Nan Fung Group emerged victorious against three rival groups in securing the development site near Tung Chung East Station. The tender drew interest from major developers such as CK Asset Holdings, Sun Hung Kai Properties, and a Sino Land-Great Eagle consortium ... <Read more> LANDMARK announced HK$7.8 billion upgrade plan
Hongkong Land's strategic investment of HK$3.1 billion in LANDMARK reinforces Central, Hong Kong as a world-class destination for luxury retail, lifestyle and business. Hongkong Land estimates an additional HK$4.7 billion capital investment from retail tenants across the ... <Read more> Artist Square Towers Project construction in progress
Comprises three commercial buildings with a total GFA of approximately 65,000 sq m SHKP's Mong Kok large-scale commercial project approved
Preliminary works are underway for the project, which features a 53-storey main tower reaching a height of 320 metres above the principal datum. Once completed, it will become the second tallest commercial landmark in Kowloon after the International Commerce Centre (ICC)... <Read more>
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