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Two main considerations for owners to revitalise their industrial buildings

2021-02-26

To unleash the potential of industrial buildings, the Government has introduced various measures to attract owners to redevelop or wholesale convert their properties. However, there is no guarantee that owners will buy in. This article will analyse the two major factors that influence owners’ decision.


The evolution of revitalising industrial buildings

2021-02-19

Hong Kong has implemented the policy on revitalisation of industrial buildings for more than a decade and has adopted various measures to promote the redevelopment and transformation of industrial buildings. To evaluate the effectiveness of the current measures and examine if there is any room for improvement, we should start studying its historical background and transformation, as well as the current market demand for industrial buildings.


Can Cash Allowance Trial Scheme relieve the burden of low-income households?

2021-02-01

With the aim of alleviating living pressure faced by low-income households due to the long waiting list for public housing, the Government is going to launch a trial scheme to provide cash allowance to eligible households and subsidise NGOs to rent hotels and guesthouse units to provide transitional housing. Can these measures improve the housing affordability of grassroots families?


Envisioning the future of urban planning in a post-pandemic era

2020-06-20

Looking back on the history, many cities changed their appearance by urban planning after plague to prevent the return of epidemics. One example was the expansion of Hong Kong’s official urban planning standards to incorporate guidelines on air ventilation for the purpose of improving wind penetration through the city fabric after the SARS outbreak in 2003. As a post-coronavirus prediction, three possible transformations in urban planning may take place.


Two ways to fast-track land production (II): Streamlining land administration process and enhancing land premium arbitration scheme

2020-04-24

Aiming at accelerating the land production process, the Government encourages property developers to apply for rezoning their agricultural land for residential use. However, the application procedures for lease modification and land premium negotiation process are complicated and time-consuming under current land administration regimes. In this analysis, the Centre provides suggestions to streamline such processes.


Two ways to fast-track land production (I): Resolving conflicting views of land rezoning in local community

2020-04-18

Expediting the land production process to increase housing supply is a priority task of the Government. One of the options is to rezone agricultural lands or brownfield sites for residential use. However, conflicting views of local stakeholders over the land use can result in a lengthy process. Some changes can be made by the Town Planning Board to resolve public disputes over land planning at an earlier stage.


Taiwan community housing policy: A lesson for Hong Kong

2020-03-20

To improve the living environment of the disadvantaged awaiting for public rental housing, some welfare NGOs and social enterprises in Hong Kong have launched the transitional community housing programmes. They renovate idle residential units in the market and sublet them to the disadvantaged at affordable rent. A similar policy has been implemented in Taiwan, in which the transitional housing project is operated by professional real estate agencies. How can Hong Kong be inspired by their experiences?


Land Sharing Pilot Scheme: Three points need to pay attention to

2020-01-24

The Government has proposed the ‘Land Sharing Pilot Scheme’ (LSPS) to unlock the potential of large-scale private agricultural land in the New Territories. Yet, there are a few salient points to consider in response to the society’s needs and aspirations.


Allowing subsidised sale flats owners to pay land premium by instalments

2020-01-07

Presently, subsidised sale flat (SSF) owners cannot sell their units freely unless full land premium is paid. However, considering the huge amount of the land premium, SSF owners can hardly pay the lump sum in one go. To tackle such issue, the Government should allow certain flexibility for SSF owners to pay the land premium by instalments. They can decide the repayment schedule and amount based on the market condition. In addition, setting a ceiling on the repayment is important for helping owners to plan ahead.