Government posts second batch of notices of land resumption for remaining phase development of Kwu Tung North/Fanling North New Development Areas
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The 24 private lots to be resumed this time relate respectively to the conclusion of an in-situ land exchange application under the Enhanced Conventional New Town Approach that requires the acquisition of a small amount of third-party land by the Government to be handed over to the land exchange applicant upon payment of the land premium for comprehensive development, as well as the unsuccessful completion of another in-situ land exchange application that calls for resumption of the land concerned to allow the Government to carry out works.
The above 24 private lots will revert to the Government upon the expiry of a period of three months from the date of affixing the notices (i.e. October 19, 2024). The Government will release ex-gratia land compensation to the relevant land owners after the land reversion.
The first batch of resumption notices involving 109 hectares of land for the remaining phase development of KTN/FLN NDA was posted on January 11 this year. The said land reverted to the Government on April 12, and will gradually be handed over to the Civil Engineering and Development Department from the third quarter onwards for site formation and engineering infrastructure works (including roads, drainage, sewerage, water mains, landscaping works, slope works, and electrical and mechanical works). Upon full development, the KTN/FLN NDA will provide about 86 200 housing units capable of accommodating a population of about 227 000, and will provide about 1 275 000 sq m gross floor area for economic activities while creating about 53 000 job opportunities.
Ends/Thursday, July 18, 2024
Issued at HKT 15:33
Issued at HKT 15:33
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