Implementation Mode - Large-scale land disposal

• The Chief Executive announced in the 2024 Policy Address to adopt, on a pilot basis, a large-scale land disposal approach to expedite development of the Northern Metropolis. Sizable land parcels with commercial value and earmarked for provision of public facilities will be selected and granted to success bidders for collective development. This approach will enhance the participation of enterprises in the important development for Hong Kong and speed up development of the land parcels, and at the same time reduce the financial outlay of the Government.
• The three pilot areas under large-scale land disposal are located in Hung Shui Kiu / Ha Tsuen New Development Area, Fanling North New Development Area and San Tin Technopole of about 12.5 hectares, 15.9 hectares and 18.6 hectares respectively. For details, please refer to the relevant fact sheet (click here) and press release (click here).
• The Government launched a three-month exercise on 31 December 2024 to invite interested parties to submit expression of interest for the three pilot areas of large-scale land disposal, in order to finalise the tender details and conditions later. For details, please refer to the relevant brochure of the invitation for EOI (click here), leaflet (click here) and press release (click here). The Government received a total of 22 submissions.
• The Government targets to commence the tendering work for the three pilot areas progressively from the second half of 2025 to 2026.