A journey of a thousand miles begins with a single step. To solve deep-rooted problems, we must innovate. To break constraints and open new ways of working, we must reach consensus in society. To truly benefit the public, we must put our words into action. Over the years, New World Development (NWD) has taken a consistent interest in Hong Kong’s housing and land issues. Guided by the Group's philosophy of corporate sustainable development around environmental, social and governance (ESG) goals, it has been giving back to society through a host of innovative initiatives. Now, New World Build for Good hopes to unite the efforts of all sectors and create inspiring communities that the younger generation can call home, fulfilling the spirit of “Creating Shared Value” for all stakeholders.
Founded by New World Development, we are a not-for-profit social housing enterprise* led by the business sector. Through research, advocacy and pilot projects, we take a multipronged approach and seek short to medium-term solutions and long-term strategies to address Hong Kong’s housing and land supply problems. Our goal is to make Hong Kong a more liveable city.
*New World Build for Good is a tax-exempt charity under Section 88 of the Inland Revenue Ordinance (IR File No. 91/18537)
Reimagining Hong Kong’s housing solution
Our Vision
- Explore innovative social housing models for Hong Kong citizens across the economic spectrum, sharing the fruits of social development
- Identify innovative, practical land and housing solutions that promote the best outcomes for the government, business sector and the public
- Build well-supported communities that allow the younger generation to live happily and thrive together
- Provide fast and agile responses to social challenges to make Hong Kong one of the most liveable cities in the Guangdong-Hong Kong-Macao Greater Bay Area
Let’s rethink anddo more
Our Research Direction
Proposal #1: New World Subsidised Housing
New World Build for Good advocates the building of Hong Kong's first not-for-profit privately subsidised housing project, which will sell flats at around 50% to 60% of the market price. The proposal will enable buyers to get on the housing ladder with a very low down payment. Moreover, they can draw down their mortgage in stages through a “progressive payment” plan.
In other words, buyers can move into their own homes first and will have ample time to save up and gradually withdraw mortgages in low instalments.
More broadly, the proposal can help young families get on the housing ladder and ease Hong Kong's housing problem.
Proposal Features:
New, high quality and affordable flats to be sold at prices as low as 50% to 60% of the market price
New World Development to provide the land and finance the pilot project
Very low down payment
“Progressive payment” mortgage arrangements
An all-round support system for young families to build a happy and inclusive community
Click here for proposal details.
Where creativity reimagines tomorrow's homes
Proposal #2: Private Developer Participation in the Construction of Public and Subsidised Housing
Developers can be brought in to take up the design and building of public or subsidised housing projects, where appropriate. This will speed up the construction of public and subsidised housing, shorten the waiting time for public housing, ease the government’s home construction burden, and guarantee building quality.
Other Innovative Social Housing Projects
Guided by the vision of “Creating Shared Value”, New World Development has introduced, in recent years, a number of new social housing projects as it continues to give back to society and build for a better future.
Innovative Social Housing Programme
NWD has announced earlier that it would donate its farmland reserves to NGOs and/or the HKSAR Government for social housing projects. A total of four projects are now in the preliminary planning phase. These include a transitional home project on Fan Kam Road currently being developed in partnership with Hong Kong Lutheran Social Service, and a transitional home project in Ngau Tam Mei, created in collaboration with Evangelical Lutheran Church Social Service - Hong Kong. The four projects will build an expected total of over 2,000 units. NWD continues to liaise closely with NGOs and relevant government departments as it aims to offer more land for transitional homes in the near future. It will inject unique and innovative elements into future social housing projects and build better communities for Hong Kong’s next generation.
Sham Tseng Light Housing Project
In 2016, with funding from Chow Tai Fook Charity Foundation, NWD partnered with social housing enterprise “Light Be” to launch the “Sham Tseng Light Housing” in a first for Hong Kong. Together, they transformed a defunct 1960s dormitory into homes for low-income families, facilitating their upward mobility and helping those who need support to build positive lives.
NewGen First Home Programme
In December 2017, NWD launched the “NewGen First Home Programme”, with THE PARKVILLE in Tuen Mun as pilot site, to give young people an extra option on affordable home ownership. Designed for young buyers who are financially able, the programme offers a significantly lowered down payment threshold to as low as 7.5%, with stamp duty subsidised by the developer, and “progressive mortgage repayments” to encourage young buyers to save up and settle the remaining principal balance of their loan as quickly as possible.
Contact Us
We would love to hear your feedback. Please let us know your thoughts by filling out the form below.
Personal Information Collection Statement
Thank you for your interest in us. The personal data provided in this form will be used for the purpose of contacting you in relation to your enquiry/comments/feedback and providing you with updates and information of our initiatives, events, promotions and activities. New World Build for Good Limited (“NWBFG”) will take all reasonable security measures for storage and will not disclose the personal data collected to other parties.
You have the right to request access to and correction of your personal data held by the NWBFG. You can make your data access request by contacting the Data Privacy Officer of NWBFG at 30th Floor, New World Tower, 18 Queen’s Road Central, Hong Kong (Attention: Personal Data Privacy Officer of NWBFG) or by email at privacy@nwbuildforgood.hk, using the subject “Personal Data”.
Thank you for your interest in us. The personal data provided in this form will be used for the purpose of contacting you in relation to your enquiry/comments/feedback and providing you with updates and information of our initiatives, events, promotions and activities. New World Build for Good Limited (“NWBFG”) will take all reasonable security measures for storage and will not disclose the personal data collected to other parties.
You have the right to request access to and correction of your personal data held by the NWBFG. You can make your data access request by contacting the Data Privacy Officer of NWBFG at 30th Floor, New World Tower, 18 Queen’s Road Central, Hong Kong (Attention: Personal Data Privacy Officer of NWBFG) or by email at privacy@nwbuildforgood.hk, using the subject “Personal Data”.
Personal Information Collection Statement
Thank you for your interest in us. The personal data provided in this form will be used for the purpose of contacting you in relation to your enquiry/comments/feedback and providing you with updates and information of our initiatives, events, promotions and activities. New World Build for Good Limited (“NWBFG”) will take all reasonable security measures for storage and will not disclose the personal data collected to other parties.
You have the right to request access to and correction of your personal data held by the NWBFG. You can make your data access request by contacting the Data Privacy Officer of NWBFG at 30th Floor, New World Tower, 18 Queen’s Road Central, Hong Kong (Attention: Personal Data Privacy Officer of NWBFG) or by email at privacy@nwbuildforgood.hk, using the subject “Personal Data”.
Media Centre
Press Releases
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21-12-06
New World Development Launches Hong Kong’s First Subsidised Private Housing Project
300 new homes to be sold at cost in pilot scheme
Adrian Cheng: We are pioneering a ground-breaking housing solution to support the younger generation -
21-09-29
New World Development Launches Social Housing Enterprise “New World Build for Good”
Gathering Industry Experts to Improve on Housing Ladder and Solving Hong Kong’s Housing Problems with Creative Thinking
Privacy Policy
Statement
Pledge
New World Build for Good Limited (“NWBFG”, “we”, “us”, or “our”) recognizes and understands that customers, website visitors and mobile application users (if any) are concerned about the privacy of information. NWBFG pledges to comply with the requirements of the Personal Data (Privacy) Ordinance (Cap. 486) of the Laws of Hong Kong Special Administrative Region.
This Privacy Policy Statement outlines our practices and the choices you have concerning the collection and use of your personal data. This Privacy Policy Statement should be read together with the applicable Terms and Conditions of the relevant information, activity, event, website, and/or mobile application (if any) provided by us (the “Terms and Conditions”), provided that, in the event of any inconsistency between this Privacy Policy Statement and the Terms and Conditions concerning matters relating to personal data, this Privacy Policy Statement shall prevail. This Privacy Policy Statement should be also read together with the applicable personal information collection statement of the relevant information, activity, event, website, and/or mobile application (if any) provided by us (the “PICS”), provided that, in the event of any inconsistency between this Privacy Policy Statement and the PICS concerning matters relating to personal data, PICS shall prevail.Collection of Information
You may be invited to provide to NWBFG your personal data on NWBFG's website(s) or mobile application(s) (if any) or through other media on a voluntary basis for different purposes at different times. If you are under the age of 18, you should obtain consent from your parent or guardian before you provide NWBFG with your personal data.Log Files
When you visit our website(s) and/or use our mobile application(s) (if any), our servers will collect only data relating to your visits to/use of such website(s) and/or use such mobile application(s) (if any), including but not limited to your IP address, domain name, browser type and access time (“Log Files”) but will not collect your personal data. However, if you register on our website and log in to your account, we may combine your Log Files with other personal data we collect from you, in which case such Log Files shall be considered your personal data for the purposes of, and will be used in accordance with, this Privacy Policy Statement and the PICS.Use of Cookies and Other Tracking Mechanisms
When you browse the website(s) of NWBFG, cookies will be stored in your computers, mobile phones or other devices (if any) for internal navigation and programming only. We may use cookies and other tracking mechanisms described below to track information about your use of NWBFG's website(s) or mobile application(s) (if any). We may combine this information with other personal information we collect from you to better serve you and/or maintain your information across multiple pages within or across one or more sessions.
Cookies are alphanumeric identifiers that we transfer to your computers, mobile phones or other devices through your web browser for record-keeping purposes. Some cookies allow us to make it easier for you to navigate NWBFG's website(s) or mobile application(s) (if any), while others are used to enable a faster log-in process, or to allow us to store and track information about your interests and preferences at NWBFG's website(s) or mobile application(s) (if any).
We may also engage third parties to track and analyse non-personally identifiable data from the website(s) or mobile application(s) (if any). We use the data collected by such third parties to help us administer and improve the quality of NWBFG's website(s) or mobile application(s) (if any) and to analyse usage of the same. Such third parties may combine the information that we provide about you with other information that they have collected. You can edit your browser settings to disable cookies but to do so you may not be able to utilize certain functionality of the website(s) (and/or mobile application(s) (if any) where applicable) of NWBFG.
We may also collect information regarding your IP address, browser type, domain name and access time. This information is used for NWBFG's research purposes. This is unrelated to and separate from your personal data. In rare instances, IP addresses may be used to assist in deterring and/or preventing abusive or criminal activity on the website.
If you interact with NWBFG on social media platforms (for example if you “Like” NWBFG's Facebook page), NWBFG can interact with you and send you messages via these platforms. NWBFG will interact with you in accordance with the social media platform's rules but we are not responsible for how the platform operators collect and handle your personal data. We are not responsible for what third parties post on our social media accounts.Kinds of Information Collected
For the different purposes in the course of conducting NWBFG's business, you may be required to provide to NWBFG your personal data, which may include your name, gender, age, date of birth, month and year of birth, contact details, e-mail address, mailing/correspondence address, contact number, membership number, marital status, family status, educational level, occupation, username and password, social media account information, etc. Details of personal data to be collected will also be set out in the relevant Personal Information Collection Statement (“PICS”) provided to you on or before collection of such personal data.Main Purposes and Uses of Information Collected
NWBFG will use your personal data for specific purposes identified in the PICS provided to you when your personal data is collected.
In addition, NWBFG may use your personal data for the following purpose:- identifying and verifying your identity;
- communicating with you in respect of your use of NWBFG’s services, mobile application(s) (if any) and/or website(s) (as the case maybe);
- monitoring and analysing usage of its services, mobile application(s) (if any) and/or website(s) (as the case maybe) to help the further development and improvement of its services, mobile application(s) (if any) and/or website(s);
- research and development in relation to user behaviour;
- information management and database administration;
- detection, investigation and/or prevention of activities that may violate our policies or maybe illegal;
- collection or recovery of any debt owed by you to NWBFG.
Accuracy of Information
You may be requested to provide to NWBFG certain personal data (particularly relating to your contact information) for specific services. If you fail to provide or update accurate information as requested for each specific service, the provision of such services by NWBFG may be affected.Retention of Information
NWBFG will retain your personal data for a period no longer than necessary for the fulfilment of the purposes for which they are or are to be used. If you are a subscriber of NWBFG services, your personal data will be retained for a reasonable period after termination of your subscription for verification and audit purposes. The above is subject to any legal, statutory, regulatory or accounting requirements.Third Party Merchants
NWBFG may have on-line stores or some services which are hosted in the website(s) and/or mobile application(s) (if any) of NWBFG but are operated by third party merchants. If you provide your personal data to the third party merchants in order to use, book, order or receive any services from the third party merchants, please note that your personal data is beyond the control of NWBFG and thus is outside the scope of protection afforded by NWBFG.Third Party Websites
The website(s) of NWBFG may from time to time contain linkages to other websites. These other websites are independent from the website(s) of NWBFG. NWBFG has no control or management over the contents of such other websites or their privacy policies or compliance with the law. You should be fully aware that the provisions of such links do not constitute an endorsement, approval, or any form of association by or with NWBFG. NWBFG has no control over your personal data submitted by you, if any, to other websites. This Privacy Policy Statement only applies to the website(s) of NWBFG. You should nread the respective privacy policies of other websites.Service Providers
NWBFG may provide your personal data to the people and companies providing services to NWBFG in connection with the specific purposes set out in the PICS and paragraph 6 above (“NWBFG Service Providers”). In these cases, the NWBFG Service Providers are required to use your personal data consistent with the agreements NWBFG enters into with them as well as this Privacy Policy Statement and the PICS.Security of Information
The physical records of your personal data will be stored in secured places with restricted access by us or those who we share your personal data with in accordance with this Privacy Policy Statement and the PICS. The electronic records of your personal data will be stored in servers located in secured places and protected by adequate IT security measures (e.g. encryption for transmission of sensitive data through the internet in appropriate cases). Only authorized personnel of NWBFG (who have been trained to handle your personal data properly and bound by a duty of confidentiality) will have access to these records and servers on a “need-to-know” and “need-to-use” basis.
No data transmission over the internet or any other public network can be guaranteed to be completely secure, and privacy cannot be assured in your communications to us. You are encouraged to protect against unauthorized access to your password. You are advised to sign out from your account when finished particularly when using a shared computer.Exclusion
NWBFG may disclose your personal data as required by law, by any government departments, regulatory authorities, enforcement agencies and courts of competent jurisdiction. NWBFG excludes all liability for disclosure of your personal data in this manner.Use in Legal Proceedings etc
If it becomes necessary for NWBFG to take action against you for recovering from you the debt you owe to NWBFG, you agree that your personal data can be used by NWBFG in identifying and taking legal action against you.Access and Correction of Information and Withdrawal of Consent
You have the right to request in writing to the Personal Data Privacy Officer of NWBFG:- for access to your personal data held by NWBFG (if any);
- require NWBFG to correct your personal data that is inaccurate (if any); and
- withdraw your consent to the use of your personal data (such withdrawal may, however, affect our services to you).
All such requests will be handled promptly in accordance with the requirements of the Personal Data (Privacy) Ordinance. NWBFG may charge a reasonable fee for processing your data access request.Direct Marketing
We cannot use your personal data for direct marketing purposes without your consent. Subject to your consent, we may use your personal data for direct marketing in accordance with the PICS provided to you upon collection of your personal data. You may withdraw your consent any time in by writing to the Personal Data Privacy Officer of NWBFG at 30th Floor, New World Tower, 18 Queen’s Road Central, Hong Kong or by email at privacy@nwbuildforgood.hk , using the subject “Personal Data”.Change of Privacy Policy
To the extent permitted by applicable law, the terms of this Privacy Statement may be updated, revised, varied and amended from time to time as we deem necessary and the most current version will be the one available on the website of NWBFG. We will obtain your consent for changes to the terms of this Privacy Statement if such consent is required by applicable law.Change of Control
If the ownership of certain operation of NWBFG changes, NWBFG may need to transfer your personal data to the new operator of such operation so the new operator may continue to operate the operation subject to the condition that the new operator shall make use of your personal data in accordance with this Privacy Policy Statement. You will be notified of such transfer and you may decide to withdraw your consent to the use of your personal data.Enquiries
If you have any questions or wish to access or correct your personal data or withdraw your consent to the use of your personal data held by NWBFG, please contact the Personal Data Privacy Officer of NWBFG at:
30th Floor, New World Tower
18 Queen’s Road Central
Hong Kong
(Attention: Personal Data Privacy Officer of NWBFG)
or by email at privacy@nwbuildforgood.hk, using the subject “Personal Data”.English Version
If there is any inconsistency or conflict between the English and Chinese version of this Privacy Policy Statement, the English version shall prevail.
Terms and
Conditions
ACCEPTANCE OF TERMS
This website (the “Website”) is managed and operated by New World Build for Good Limited (“New World Build for Good”). By accessing, using or browsing this Website, you agree to be bound by these Terms and Conditions. Additional terms and conditions (including any amendments thereof) applicable to a specific area of this Website or to a particular transaction, event or activity will be posted in particular areas of this Website from time to time by New World Build for Good.UPDATE OF TERMS
New World Build for Good may update and amend these Terms and Conditions from time to time at our sole discretion without prior notice. You should regularly check this Website for updates and your continued use of this Website constitutes your acceptance of the updated Terms and Conditions.NO UNLAWFUL USE
You may not use this Website or any of its contents referred to for any illegal or unauthorized purpose. You agree to comply with all applicable laws, rules and regulations in force from time to time.THIRD PARTY WEBSITES
This Website contains certain hypertext links to other third party websites. New World Build for Good has not reviewed, is not responsible for, and accepts no liability in respect of any content, information or opinion contained in any such websites. No hypertext links to this Website is/are allowed without the prior written consent of New World Build for Good. Links to other websites do not constitute an endorsement or approval by New World Build for Good of such websites or the information, products, advertising or other materials available on those websites.INTELLECTUAL PROPERTY AND COPYRIGHT
All contents of the website, such as text, graphics, images, photos, logos, trademarks, button icons, hyperlinks, audio, video, datas and software (“Website Contents”) are protected by intellectual property laws and treaties in Hong Kong and elsewhere and may not be reproduced, uploaded, posted, published, transmitted or distributed in any way without prior written consent of New World Build for Good. No derivative works with respect thereof is permitted.
You may only print and/or download a hard copy of individual pages of this Website for your own private and non-commercial use, provided that you do not remove any copyright notices (if any) or you clearly indicate New World Build for Good is the copyright owner on such copy. Any authorized third-party website(s) referred to or accessed by hypertext link through this Website belongs to and remains the property of the respective owners. New World Build for Good does not acknowledge, approve or endorse these third party websites.
You agree that we are free to use, disclose, adopt and modify all and any ideas, concepts, knowhow, proposals, suggestions, comments and other communications and information provided by you to us (“Feedback”) in connection with the Website without any payment to you. You hereby waive and agree to waive all and any rights and claims for any consideration, fees, royalties, charges and/or other payments in relation to our use, disclosure, adoption and/or modification of any or all of your Feedback.DISCLAIMER
Whilst New World Build for Good endeavours to keep the information and content in this Website up-to-date, New World Build for Good accepts no liability for the accuracy or completeness or reliability or use of, nor any responsibility to update and verify, the information and content (or any part hereof) on this Website. The Website Contents are provided for general information only. Nothing contained herein shall be construed as the giving of advice or the making of a recommendation to you and should not be relied upon by anyone as the basis for any decision or action. In particular, actual results and developments may be materially different from any forecast, opinion or expectation expressed in this Website. Nothing in this Website constitutes or forms any part of an invitation or offer to invest or deal in any debt or other securities of New World Build for Good or its related parties and nothing in this Website shall form the basis of or be relied upon for any contract or commitment.
YOUR ACCESS TO AND USE OF THIS WEBSITE IS AT YOUR SOLE RISK AND IS PROVIDED “AS IS,” “AS AVAILABLE.” THIS WEBSITE IS FOR YOUR PERSONAL USE ONLY AND New World Build for Good MAKES NO REPRESENTATION OR WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING, WITHOUT LIMITATION, ANY WARRANTIES ON MERCHANTABILITY OR FITNESS FOR ANY PARTICULAR PURPOSE. THE ENTIRE LIABILITY OF New World Build for Good AND YOUR EXCLUSIVE REMEDY WITH RESPECT TO THIS WEBSITE OR OTHERWISE, IS RE-PERFORMANCE OF DEFECTIVE SERVICES. IN JURISDICTIONS WHICH DO NOT ALLOW THE EXCLUSION OR LIMITATION OF CERTAIN TYPES OF LIABILITY, OUR LIABILITY WILL BE LIMITED TO THE MAXIMUM EXTENT PERMITTED BY LAW. New World Build for Good DOES NOT ENDORSE, WARRANT OR GUARANTEE ANY MATERIAL, PRODUCT OR SERVICE OFFERED THROUGH US OR OUR WEBSITE. New World Build for Good IS NOT AND WILL NOT BE A PARTY TO ANY TRANSACTION BETWEEN YOU AND ANY THIRD PARTY.
In no event will New World Build for Good be liable to you or any other person for any direct, indirect, incidental, special, punitive or consequential damages, including any loss of business or profit, arising out of any use, or inability to use, the Information, even if New World Build for Good has been advised of the possibility of such damages.
You will exercise and rely solely on your own skill and judgment in your use and interpretation of this Website and the Website Contents. You are responsible to ensure that your use of this Website complies with all applicable legal requirements.
The limitation of liability contained in these Terms and Conditions will apply to the fullest extent permitted by applicable laws. In no event shall New World Build for Good’s total liability to you for all damages, losses, and causes of action (whether in contract, tort (including but not limited to negligence) or otherwise) exceed the amount paid by you to New World Build for Good, if any, for using this Website.ACCESS AND UPDATE
This Website is accessible by users authorized by New World Build for Good only. Authorized users shall update their account information regularly. New World Build for Good does not guarantee that this Website or the Website Contents, will always be available or be uninterrupted. Access to this Website is permitted on a temporary basis. New World Build for Good will not be liable to you if for any reason this Website is unavailable at any time or for any period.
You are responsible for making all arrangements necessary for you to have access to this Website.
You are also responsible for ensuring that all persons who access this Website through your internet connection are aware of these Terms and Conditions and other applicable terms and conditions, and that they comply with them.TERMINATION OR SUSPENSION OF ACCESS
New World Build for Good reserves the right to terminate, suspend, withdraw, discontinue or change your ability to access this Website (or any part thereof) for any reason without prior notice.INDEMNIFICATION
You understand and agree that you are personally responsible for your behaviour on this Website. You agree to indemnify, defend and hold harmless New World Build for Good, its parent companies, subsidiaries, affiliated companies, licensors, directors, employees, agent and any third party information providers to this Website from and against all liabilities, claims, damages, actions, losses and costs and expenses (including without limitation legal fees) as a result of or incidental to or in connection with or arising from your use or misuse of this Website and any contents thereon and/or your breach of any of these Terms and Conditions. You agree to cooperate fully in the defense of any of the foregoing. New World Build for Good reserves the right to control exclusively the defense of any matter otherwise subject to indemnification by you and you will not settle any matter without New World Build for Good’s prior written consent.PERSONAL DATA PRIVACY
New World Build for Good commits to protect the privacy of your personal data and information. In order to provide services to you and to facilitate the operation of the website, New World Build for Good gathers certain personal information that you provide to the website. Please refer to New World Build for Good Privacy Policy and Personal Information Collection Statement which set forth New World Build for Good policies for the collection, usage and disclosure of personal data obtained from the website.PARTIAL INVALIDITY
The illegality, invalidity or unenforceability of any provision of these Terms and Conditions under the law of any jurisdiction shall not affect its legality, validity or enforceability under the laws of any other jurisdiction nor the legality, validity or enforceability of any other provision.NO WAIVER
No failure or delay by New World Build for Good to exercise any right or remedy provided under these Terms and Conditions or by law shall constitute a waiver of that or any other right or remedy, nor shall it prevent or restrict the further exercise of that or any other right or remedy. No single or partial exercise of such right or remedy shall prevent or restrict the further exercise of that or any other right or remedy.GOVERNING LAW AND JURISDICTION
These Terms of Use are governed by the laws of Hong Kong SAR and in case of disputes, the parties shall submit to the non-exclusive jurisdiction of the courts of Hong Kong SAR.TRANSLATION
These Terms of Use are written in English. If there are other language versions of these Terms of Use and there are discrepancies between the versions, the English version shall prevail.