, Hong Kong

15 building plans approved in May

Apartment developments dominated last month’s construction plans.

The Buildings Department approved a total of 15 building plans in May, according to a government release.

Also read: Land transactions registered in Q2

Eight were for apartment and apartment-commercial developments, three for commercial developments, two for factory and industrial developments, and two for community services developments.

In terms of location, five were located in Hong Kong Island, six in Kowloon and four in the New Territories.

The declared cost of new buildings completed in May was $9.4b.

Join Hong Kong Business community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you design and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Top News

Gov’t tightens scaffold net rules after Tai Po fire
Construction sites are monitored; authorities enforce safety regulations strictly.
Land prices exceed 30% in H2 as developers regain appetite: JLL
Developers have regained their appetite for land acquisition and confidence in the residential market.
Residential
Monetary Authority lowers base rate to 4%
The decrease followed a 25-basis point downward adjustment in the US federal funds target.
Economy