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HEADLINE NEWS October 1, 2025


MACAO
Macau Light Rail East Line: Latest progress update
The Macau Light Rail East Line is a strategic infrastructure project designed to enhance connectivity between the Macau Peninsula and Taipa. The project is rogressing steadily, with key milestones already achieved <Read more>

Wynn targets 2028 opening for Cotai event centre
The casino operator has put aside a range of US$200 million to US$250 million in capital expenditure for this year, with Chairman's Club at Wynn Palace and Wynn Tower at Wynn Macau slated for upgrades <Read more>

HONG KONG
Kai Tak Smart Green Transit System expected to launch in 2031
Innovative financial model and regulatory framework to drive integrated transport and property development: The Hong Kong SAR Government has approved the financial framework for the Kai Tak Smart Green Collective Transport System (I-GT), with public tendering for the franchise... <Read more>

Hong Kong-Shenzhen Innovation and Technology Park set for Q4 completion
Private development proposals invited for remaining Phase 1 plots. Mr Ma Weishan, CEO of the Hong Kong-Shenzhen Innovation and Technology Park Limited, recently announced that the Park is accelerating its development across all fronts. Operations are expected to officially ... <Read more>

Transforming the Victoria Cove Area into a world-class destination
The Urban Renewal Authority (URA) has unveiled a transformative vision for the Victoria Cove Area through the To Kwa Wan Harbourfront Study (TKWHS), a masterplan that integrates the cove, waterfront, and inland zones into a cohesive urban ecosystem. Drawing ... <Read more>

HKIA's latest development and upcoming projects
The Third Runway at Hong Kong International Airport (HKIA) was officially commissioned on November 25, 2022, marking a pivotal milestone in the airport's transformation into a Three-Runway System (3RS). The new 3,800-meter runway began operations in July 2022, with ... <Read more>

Tuen Mun LPH project to complete in Q3 2026
The entire LPH project at Yan Po Road will provide about 5,600 units in total and is expected to be completed in the third quarter of 2026. The project is relatively larger in scale, it is divided into two separate contracts to encourage participation from different experienced ... <Read more>

Hostels in the City Scheme opens for applications
The Hong Kong SAR Government's Development Bureau and Education Bureau have launched the Hostels in the City Scheme, aimed at boosting student accommodation by facilitating the conversion of commercial buildings into privately funded student hostels <Read more>

Design work commenced on Hong Kong-Shenzhen Western Rail Link
It aims to have the project ready for tendering in 2027, and to achieve completion of construction works in 2034. The 18-km link runs underground from Hung Shui Kiu to Qianhai, with the Hong Kong section taking up 7.3 km and the Shenzhen section running about 10.8 km long <Read more>

A residential site in Tsuen Wan will be sold by auction
Unveiling the Land Sale Programme for the second quarter of this financial year, Secretary for Development Bernadette Linn said the site is situated in a mature neighbourhood with comprehensive surrounding facilities and traffic network <Read more>

Proposal for 7 high-rise residential towers in the WKCD
In a policy shift announced last year, the government will now allow partial sale of property rights in the West Kowloon District, replacing the previous "lease-only" model. All proceeds from future sales will be retained by the West Kowloon Cultural District Authority, with no ... <Read more>

Phase 1 of Site 3 at Central Harbourfront scheduled for completion in Q4 2026
The flagship development at Central Harbourfront boasts a gross floor area (GFA) of over 1.6 million square feet and stretches approximately 400 meters in length. The project includes Grade A office and ancillary space...<Read more>

2 sites granted to URA
The HKSAR Government announced that a site at Bailey Street, Hung Hom, and a site in Tseung Kwan O Area 137 are granted to the Urban Renewal Authority (URA) by private treaty. The two sites to be rezoned for residential use will be granted for 50 years from the date of execution through statutory town planning procedures ... <Read more>

New waterfront landmark planned near Hung Hom Station
The aim is to create a modern entertainment, dining, and leisure hub. The master plan includes high-rise outdoor recreational facilities such as skywalks, slides, and zip lines, as well as waterfront amenities such as yacht berths and water-based leisure activities...<Read more>

Work to commence on 10 building projects
15 building plans approved in March, including 8 apartment and apartment/commercial developments. Consent was given for works to start on 10 building projects, which, when completed, will provide 74,150 sq m of gross floor area for domestic and 28,202 sq m of gross floor area ..<Read more>

Northern Railway Scheme approved
The Hong Kong government has officially authorized the Northern Link (NOL) Main Line railway scheme, marking a significant step toward enhancing regional connectivity. According to government officials, the NOL Main Line will serve as the primary transportation backbone of the Northern Metropolis, unlocking the development ... <Read more>

Three tourism projects under planning
The Development Bureau recently invited the market to submit expressions of interest for eco-tourism development proposals at ex-Lamma quarry site, South Lantau Eco-Recreation Corridor, and Pak Nai and Tsim Bei Tsui. The three projects involve developing the ex-Lamma quarry site into an area for resort and outdoor recreational ... <Read more>

Capital works expenditure expected to reach HK$120 billion annually
The Hong Kong Special Administrative Region (HKSAR) government has unveiled its 2025-26 financial budget, emphasizing fiscal discipline, innovation, and sustainable growth. This year's budget introduces a suite of initiatives to support infrastructure development and ... <Read more>

Green transit system plans to invite tenders in 2026
The Hong Kong SAR Government has recently received 27 expression of interest (EOI) submissions for the Smart & Green Mass Transit System (SGMTS) project in the Hung Shui Kiu/Ha Tsuen ... <Read more>

Proposed construction of 50,000 residential units in Tseung Kwan O
The HKSAR government has recently announced a significant plan involving the reclamation works in Tseung Kwan O Areas 137 and 132. This initiative aims to provide more residential units and...<Read more>

San Tin Technopole awards contracts worth over HKD580 million
The Civil Engineering and Development Department has recently signed a contract worth approximately HKD228 million with Kuly Construction & Engineering Co Ltd for the Phase 1, Stage 1 (East) development...<Read more>

Artist Square Towers Project construction in progress
Comprises three commercial buildings with a total GFA of approximately 65,000 sq m

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