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More HZMB private car quotas set

The governments of Hong Kong and Macau have agreed to increase the regular quotas for Hong Kong cross-boundary non-commercial private cars using the Hong Kong-Zhuhai-Macao Bridge to Macau, the Transport Department announced today.   The decision was made to enhance traffic flow between Hong Kong and Macau, better utilising the bridge, the department said.   It will increase the Hong Kong quota by 1,000, following the earlier quota allocation of 1,800 for Hong Kong.   The additional quota will be distributed in two phases from the second quarter.   Half of the additional 1,000 quota allocations is for company applicants and the other half is for individual applicants. The quotas are valid for no more than three years. The eligibility criteria of quota applications remains the same.   Private cars allocated with Hong Kong quotas will be permitted to access the city of Macau multiple times using the bridge.   The Hong Kong quota allotments will be re-allocated upon expiry thro

99k private flats projected

The projected private flat supply for the next three to four years is 99,000 units, 1,000 more than the previous estimate.   The Transport & Housing Bureau today said there were 14,000 unsold units in completed projects at the end of March.   There were 70,000 units under construction, excluding those pre-sold by developers, and 15,000 units from disposed sites where construction may start any time.   The number of flats under construction in the first quarter was 3,800, while 8,100 units were completed during the period.   Click here for details.
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