Hang Lung’s Chan Calls for More H.K. Land Supply, Standard Says

Hang Lung Properties Ltd. Chairman Ronnie Chan said the Hong Kong government should increase the supply of building land “substantially,” following Singapore’s model, the Standard reported.

Hong Kong should sell land continuously and restrict the use of sites for small- to medium-sized apartments of less than 700 square feet, Chan said, as cited by the Hong Kong-based English-language newspaper.

To contact the editor responsible for this story: Joshua Fellman at jfellman@bloomberg.net

Bloomberg reserves the right to edit or remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.