Milestone for Building Rehabilitation and Best Rehab Building Award
The Chairman of the Urban Renewal Authority (URA), Mr Edward
Cheng, said that the URA would set aside more resources to assist
owners of old buildings to carry out building inspection, as the
pace of rehabilitation is expected to accelerate when Government's
mandatory building inspection scheme is put in place.
The URA organised a ceremony today (Thursday) to mark the
completion of rehabilitation works for 200 buildings involving
20,000 domestic units under its voluntary rehabilitation schemes.
The ceremony also saw the presentation of awards to the 'best
rehabilitated buildings' following a widely-publicized
competition.
Attending the ceremony as the Guest of Honour was the Hon. Michael
Suen, Secretary for Housing, Planning and Lands. In addition to the
Chairman, Mr. Edward Cheng, other URA Board members present
included Professor David Lung, Mr Francis Chau, Mr Walter Chan, Mr
Aaron Wan and Mr Stephen Yip; the Director of the Buildings
Department, Mr Cheung Hau-wai who is also a member of the Board; as
well as URA's Managing Director, Mr Billy Lam.
Mr Suen said: "The URA adopts a 4Rs strategy to address the problem
of urban decay, where rehabilitation is an important component. It
undertakes a series of new initiatives since 2003 to promote a
culture of building rehabilitation."
"The URA has been able to encourage and assist owners of about
25,000 units in over 300 buildings in the nine target areas to
undertake rehabilitation work whereby living conditions of the
residents have been or would be improved and market value of the
properties would be enhanced. So far, rehabilitation works for
20,000 units have already been completed with notable results" he
added.
Mr Suen also expressed appreciation of the revitalisation effect
generated by the colour design for a cluster of rehabilitated
buildings within the vicinity.
Mr Edward Cheng said: "The Government is actively working on
measures to promote building management and maintenance. The URA
would set aside more sources to strengthen our work in building
rehabilitation so as to cope with the new initiatives to be
implemented by the Government. With these complimentary efforts, we
hope that a culture of building rehabilitation would be nourished
in the community."
To further promote the culture of building care, the URA has
recently organized an award competition among the buildings
rehabilitated with the assistance of URA. Mr Cheng
described the response to the contest as particularly encouraging
with 84 buildings taking part.
Chaired by URA Board member Professor David Lung, an adjudication
panel comprising representatives from the Hong Kong Institute of
Surveyors, Hong Kong Institute of Architects, Hong Kong Institute
of Housing Managers and Hong Kong Institution of Engineers selected
the award winners under three major categories: the Best
Comprehensive Rehabilitated Building, the Best Improved Façade and
the Best Improved Quality of Living.
On the URA rehabilitation schemes, Mr Cheng noted that the URA had,
in parallel, implemented a package of complementary measures with a
view to providing a comprehensive range of services to owners'
corporations. These included initiating with 17 banks to
offer preferential mortgage loan terms for rehabilitated properties
and providing a three-year, 50 percent third party liability
insurance subsidy for rehabilitated buildings.
"Building rehabilitation is an integral part of the URA's 4Rs
strategy - Redevelopment, Rehabilitation, Revitalisation and
pReservation - for a holistic approach to carry out urban
regeneration in the old districts," noted Mr. Cheng.
"This is an all-win situation: the owners enjoy a better home and
higher property value; the banks enjoy the prospect of a
re-invigorated market of older properties; and the URA makes
inroads in its mission to fight urban decay," Mr Cheng added.
Amongst the 84 participating buildings, two grand prizes have been
awarded to the winners. They are Tai Kung Building in Tai Kok Tsui
and Tung Sing Building in Wan Chai.
(END)