Plover Cove New Town Development
Proposals
Property redevelopment takes at least 3-5 years to complete. Hence, stable land supply in Hong Kong is of utmost importance on stabilizing property prices in residential sector. Being a practitioner in real estate sector for over 30 years, the founder of EAFM, Sr. Frederick Lai has put forward a bold and innovative proposal to Hong Kong Government, which is able to provide land supply of 1,200 hectares at one go. The idea of transforming the Plover Cove Reservoir to a new town was evolved in December 2016. After three years of detailed analysis and incubation, a web site to introduce this innovative idea to the general public in details is constructed as per the link below.
The idea was supported and endorsed by Professor Chau Kwong-wing of The University of Hong Kong in early 2017 and be named as an option of land supply during a press conference of HKU Ronald Coase Centre in July 2017 which has drawn massive media coverage.
A simulation of the new town floating in the water body of the reservoir without touching the collective memory of the general public of the dam
Plover Cove New Town
Construct phase by phase into 4 artifical islands of 150 hectares each
A preliminary land use planning showing how the surrounding country park is kept intact without adverse effect due to the establishment of the Plover Cove New Town in the reservoir
Propsed N-S Rail Line
A conceptual railway network development to strengthen the N-S traffic by connecting the Tseung Kwan O Line with Lok Ma Chau Spur Line in the eastern territories through Sai Kung and Ma On Shan.