Date
19 January 2017
CY Leung (inset) has had his old links with the Discovery Bay developer resurrected by his comments about a potential review of its plot ratio. Photo: HKEJ
CY Leung (inset) has had his old links with the Discovery Bay developer resurrected by his comments about a potential review of its plot ratio. Photo: HKEJ

CY eyes Discovery Bay plot ratio review

Leung Chun-ying has hinted he is open to a review of plot ratios in Discovery Bay.

Leung made the remarks during a meeting with senior officials amid criticism his government is not doing enough to increase land supply for housing development, news website hk01.com reports.

The report sparked accusations of conflict of interest, with critics citing Leung’s old links with HKR International Ltd., the Discovery Bay developer, through his old company, DTZ Japan.

On Tuesday, Leung responded to media inquiries about his comments but refused to be drawn on any discussions of Discovery Bay’s land use.

He said only that high rent and high property prices can be traced back to lack of land.

Leung said the next generation faces a bleak future, with their prospects of owning a home increasingly dim.

“Many people have to work hard and suffer their entire lives just for the sake of getting a roof over their heads. I do not think this is normal,” he said.

Leung said his government has been working to boost land supply and the planned increase to 90,000 flats from 60,000 is the highest in 12 years.

He said he will continue to increase housing stock.

Meanwhile, Leung has come under fresh criticism over his use of task forces to oversee development projects.

These “superbodies” directly organize and administer up to 30 such developments.

These are on top of the steering Committee on Land Supply chaired by Financial Secretary John Tsang, according to hk01.com.

It said Leung use these task forces to intervene in government plans as in the case of the controversial Wang Chau housing project in the New Territories.

The government sparked outrage after it slashed the project to 4,000 units form 17,000 and decided against building it on brownfield sites occupied by powerful rural landlords.

The project will now be built in a greenfield area, displacing at least 300 villagers.

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