Author: angelikamackella

Hong Kong – Development of a harbourfront site at Hoi Yu Street in Quarry Bay

Development of a harbourfront site at Hoi Yu Street in Quarry Bay *****************************************************************      In response to media enquiry, the Development Bureau stated the following in relation to the development of the relevant site today (April 25):             The Chief Executive in Council approved an in-situ land exchange proposal relating to the lots in IL 8590 RP and IL 8723 RP at Hoi Yu Street in Quarry Bay in March 2021. The Government has since liaised closely with the applicant on the detailed lease conditions under the endorsed framework. As the detailed lease conditions and land premium have yet to be ... Read more