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Estimated price tag for Hong Kong's Northern Metropolis revealed as HK$224 billion – but expert expects final bill to be much heftier

Wait for public rental housing drops to 5.7 years as Hong Kong's leading provider confident overall supply will log 'obvious increase' next year

Hong Kong's Lantau Tomorrow plan delayed by 2 to 3 years, finance chief Paul Chan reveals, authorities to focus on Northern Metropolis scheme instead

Announcement of delay comes as city expected to record its fourth deficit exceeding HK$100 billion.

Opinion | Hong Kong land and housing supply must flow even in an economic downturn

Rather than be deterred by sluggish market sentiment, the government should adapt its approach to land creation and housing construction – by sequencing its development priorities, offering smaller land parcels, or turning more land over to building subsidised housing.

Hong Kong's Development Bureau requests HK$29.2 billion for Hung Shui Kiu new town plan

Development officials lay out details of funding appeal at Legislative Council for 263-hectare second phase of Hung Shui Kiu-Ha Tsuen project.