The social enterprise "New World Builds a Good Life" established by New World Development has launched the first privately-funded housing project pilot program. It plans to develop 300 privately-funded housing projects in New Territories West, which will be sold at a 50 to 60 discount from the market price.
At present, New World only confesses that the land is located in the west of the New Territories.
Liu Lichao, a member of the "New World Builds a Good Life" Advisory Committee and the former director of the Lands Department, stated in a radio program today (7th) that the site is located in a mature community with convenient transportation, and emphasized that it will never involve wetlands or ecological environment. Sensitive place.
Liu Lichao, advisory member of "New World Builds a Good Life".
(Photo by Kong Fanxu)
Liu Lichao said that the land is located in the west of the New Territories, but it will not be "sloppy" and without infrastructure. He also described it as being in a "quite mature community" with convenient transportation.
Regarding the concerns in the society that the site will be located in a wetland, Liu Lichao said: "It will never involve wetlands or places with sensitive ecological environments."
In addition, some people questioned that the site selection was related to other private development projects and worried that public funds would be used to build infrastructure facilities. He called it a "misunderstanding" and reiterated that the site is located in a mature community, so basic facilities already exist. It’s not possible to borrow the project to facilitate other development projects."
He emphasized that the issue of land premium is still to be discussed with the government, so he will not explain the site selection, and emphasized that there will be no nano-units.
Don't worry about being a "crawler"
He Juye, a member of the "New World Builds a Better Life" Advisory Committee, also pointed out in another radio program that the location of the land cannot be explained for the time being because it has yet to be discussed with the government, and planning and land procedures have to be handled at the same time.
However, he reiterated that the land is located in the west of the New Territories, but there are no supporting problems, and it is accessible and livable. Residents do not have to worry about being a "reclamation cow". Although it may not be located in the city center, there are roads and basic urban supporting facilities. .
When asked whether the project would help developers develop more land nearby, He Juye said that many developers have a "heart of doing good" and believe that the land is not "inviting" to carry out other developments on a larger scale nearby. It is also said that the cost of this scheme is slightly higher than that of ordinary HOS flats.
Private Home Ownership｜The price per square foot of appliances attached to the New World Construction Subsidy Housing Association is higher than that of the private housing of Kai Cheung Court in Diamond Hill｜Progressive repayment can only provide half of the mortgage for the first 10 years. If the flats are repossessed, the private housing will be resold｜New The World Advocate for Building Subsidized Housing Market Price 50% Off Sale 2.7 Million, First Phase 135,000 On Car