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Valley Road Estate
Valley Road Estate () was a public housing estate in Valley Road, Lo Lung Hang, Kowloon, Hong Kong. It was originally a squatter area, but was destroyed by fire in 1961. In 1962, the British Hong Kong Government constructed a total of 16 blocks (Block 1 to 12, Block 14 to 17), namely the Valley Road Government Low Cost Housing Estate (), on the site. In 1973, the estate was renamed Valley Road Estate. It was demolished in 2001 and 2002. The Ho Man Tin station of the MTR, an interchange station between the Kwun Tong line and Sha Tin to Central Link, was built on part of the vacant site of the former estate. In June 2010, another part of the site was sold to Sun Hung Kai Properties for HK$10.9 billion through land auction. Its auction price was the second highest in Hong Kong property history. See also * Public housing in Hong Kong Public housing in Hong Kong is a set of mass housing programmes through which the Government of Hong Kong provides affordable housing for lower ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Housing Estate
Public housing is a form of housing tenure in which the property is usually owned by a government authority, either central or local. Although the common goal of public housing is to provide affordable housing, the details, terminology, definitions of poverty, and other criteria for allocation vary within different contexts. Public housing developments are classified as housing projects that are owned by a city's Housing authority or Federally subsidized public housing operated through HUD. Social housing is any rental housing that may be owned and managed by the state, by non-profit organizations, or by a combination of the two, usually with the aim of providing affordable housing. Social housing is generally rationed by a government through some form of means-testing or through administrative measures of housing need. One can regard social housing as a potential remedy for housing inequality. Private housing is a form of housing tenure in which the property is owned by an i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Valley Road, Hong Kong
A valley is an elongated low area often running between hills or mountains, which will typically contain a river or stream running from one end to the other. Most valleys are formed by erosion of the land surface by rivers or streams over a very long period. Some valleys are formed through erosion by glacial ice. These glaciers may remain present in valleys in high mountains or polar areas. At lower latitudes and altitudes, these glacially formed valleys may have been created or enlarged during ice ages but now are ice-free and occupied by streams or rivers. In desert areas, valleys may be entirely dry or carry a watercourse only rarely. In areas of limestone bedrock, dry valleys may also result from drainage now taking place underground rather than at the surface. Rift valleys arise principally from earth movements, rather than erosion. Many different types of valleys are described by geographers, using terms that may be global in use or else applied only locally. For ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
