Press Releases
Year 2013
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31 Dec 2013
URA welcomes appointment of Pius Cheng as Executive Director
The Urban Renewal Authority (URA) today (Tuesday) welcomes the Government's appointment of Mr Pius Cheng Kai-wah as an Executive Director of the URA, effective 1 January 2014. "As one of the Executive Directors of the URA, Mr Cheng's profound knowledge and expertise in urban renewal, particularly in the areas of policy formulation and execution, are invaluable for advancing our core businesses of redevelopment and rehabilitation under the Urban Renewal Strategy (URS)," said the URA Chairman, Mr Victor So Hing-woh. Mr Cheng first joined the URA in 2002 as a legal counsel, assisting to lay a solid foundation for the URA when it was set up. He then served as the Authority's Director for Legal Services from 2007, and Director for Corporate and Legal Services since 2011. He has been playing
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20 Dec 2013
URA’s demand-led redevelopment project in Tai Kok Tsui: Authorisation by the Secretary for Development
The Secretary for Development (SDEV) has authorised the Urban Renewal Authority (URA) to proceed with a demand-led redevelopment project in Tai Kok Tsui. The authorisation, which is published in the Gazette today (Friday), is given under Section 24(5) of the Urban Renewal Authority Ordinance (URAO) for a redevelopment project at No. 8 - 10 Fuk Chak Street / 7 - 9 Li Tak Street in Tai Kok Tsui. The demand-led project was implemented by way of a development project in accordance with Section 26 of the URAO. The commencement notice of the Fuk Chak Street / Li Tak Street project was published in the Gazette on 28 June 2013, under Section 23 of the URAO. It was followed by a two-month publication period, during which no objection was received. In accordance with Section 24(3) of the URAO, t
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19 Dec 2013
URA announces advanced commencement of the Kai Ming Street demand-led redevelopment project
The Urban Renewal Authority (URA) today (Thursday) announced the advanced commencement of a demand-led redevelopment project at 41-51 Kai Ming Street (odd nos) in To Kwa Wan, the first of several projects under the third-round demand-led pilot scheme selected and scheduled for implementation in its 2014/15 Business Plan. Speaking at a media briefing session this afternoon, the Managing Director of the URA, Ms Iris Tam, said the arrangement to advance this project was made after giving special consideration to the fact that the Buildings Department has issued demolition orders to the owners of 45, 47, 49 and 51 Kai Ming Street today. "We understand that if the project is to commence in our next financial year as scheduled, property owners affected by the demolition orders will be put
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17 Dec 2013
URA issues acquisition offers for an industrial building redevelopment pilot scheme project in Cheung Sha Wan
The Urban Renewal Authority (URA) today (Tuesday) issued acquisition offers to owners of an industrial building redevelopment project at Yu Chau West Street in Cheung Sha Wan in accordance with its newly refined acquisition policy for the pilot scheme. Eligible owners of industrial properties of Nos. 777 - 783 Yu Chau West Street, Cheung Sha Wan, Kowloon, will be offered the market value of the property plus an industrial ex-gratia allowance (calculation based on saleable area). The assessed average market value for ground floor premises is about $14,005 per square foot saleable area while that of the upper floor premises (excluding rooftop) is about $4,751 per square foot saleable area. The acquisition offers have recently been deliberated and approved by the Land, Re-housing and Compe
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11 Dec 2013
Eighteen Expression of Interest Submissions for Development of Shun Ning Road Project in Sham Shui Po received
The Urban Renewal Authority (URA) received a total of 18 Expressions of Interest for the residential-cum-commercial development of Shun Ning Road project in Sham Shui Po when the invitation for submission closed today (Wednesday). A tender review panel under the URA Board will shortlist qualified companies and invite them to submit tenders for the development project. The tender exercise will take place in the near future. The project with a site area of about 825 square metres is located at Shun Ning Road near Tonkin Street in Sham Shui Po. The total residential gross floor area is about 6,186 square metres. It is expected that 50% of the total number of residential units will each have a saleable area of not more than 46.5 square metres (i.e. about 500 square feet). (ENDS)
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29 Nov 2013
Invitation for Expression of Interest for Development of Shun Ning Road Project in Sham Shui Po
The Urban Renewal Authority (URA) will invite interested parties to submit Expressions of Interest for the development of a residential-cum-commercial project at Shun Ning Road in Sham Shui Po beginning next Monday (2 December 2013). The project with a site area of about 825 square metres is located at Shun Ning Road near Tonkin Street in Sham Shui Po. The total residential gross floor area is about 6,186 square metres. It is expected that 50% of the total number of residential units will each have a saleable area of not more than 46.5 square metres (i.e. about 500 square feet). Parties interested in the development of the Shun Ning Road project are requested to indicate their development experience and financial capability to undertake the development in accordance with the requireme
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25 Nov 2013
URA’s demand-led project in Tai Kok Tsui achieves major breakthrough
A demand-led redevelopment project in Tai Kok Tsui of the second-round pilot scheme of the Urban Renewal Authority (URA) is set to move forward as owners representing more than 80 percent of the undivided shares per lot have signed agreements to sell their properties to URA within the 75-day conditional offer period expiring today (Monday). Director (Acquisition & Clearance) of the URA, Mr Ian Wong, is pleased to announce that due to the concerted effort of the property owners of No. 8 - 10 Fuk Chak Street / 7 - 9 Li Tak Street in Tai Kok Tsui, the project has taken a significant step forward on fulfilling one key condition of the URA's conditional offers. "We are delighted to see the project initiated by the owners achieve a major breakthrough which will help improve the living condit
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22 Nov 2013
Two URA redevelopment projects in Sham Shui Po: Authorisation by the Secretary for Development
The Secretary for Development (SDEV) has authorised the Urban Renewal Authority (URA) to proceed with two redevelopment projects in Sham Shui Po. The authorisation, which is published in the Gazette today (Friday), is given under Section 24(4)(a) of the Urban Renewal Authority Ordinance (URAO) for a redevelopment project at Tonkin Street/Fuk Wing Street and another demand-led redevelopment project at Kowloon Road/Kiu Yam Street in Sham Shui Po. The two projects were implemented by way of a development project in accordance with Section 26 of the URAO. The implementation notice of the Tonkin Street/Fuk Wing Street project and Kowloon Road/Kiu Yam Street project were published in the Gazette on 8 March 2013 and 12 April 2013 respectively, under Section 23 of the URAO. Written objections
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7 Nov 2013
URA’s first project successfully sold by public auction under Facilitating Services (pilot scheme)
The Urban Renewal Authority (URA) announced the first successful joint sale by public auction for a project under its Facilitating Services (pilot scheme) at 67 - 71 Lion Rock Road in Kowloon City today (Thursday) with 100% owners' participation. This marks another milestone of the Authority in Hong Kong's urban renewal. The facilitating services is one of the initiatives set out in the 2011 Urban Renewal Strategy which states that the URA may take up a "facilitator" role to help property owners in amalgamating their property interests for joint sale in the market. This enables the redevelopment model of the URA to take a more diverse form and speed up the pace of urban renewal. Occupying a site area of about 3,534 square feet, this project involves three four-storey blocks built in 1
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17 Oct 2013
URA’s Mallory Street/Burrows Street revitalisation project receives Silver Award of HKIP Awards 2013
The first standalone preservation cum revitalisation project of the Urban Renewal Authority (URA) at Mallory Street/Burrows Street in Wan Chai has been conferred the Silver Award of Hong Kong Institute of Planners (HKIP) Award 2013 for its remarkable adaptive reuse of a cluster of historic buildings, said the URA today (Thursday). The Mallory Street revitalisation project, which officially opened in July this year, is now the Comix Home Base under the management of the Hong Kong Arts Centre as it serves as a platform for exchange and interaction of the comic industry both locally and overseas. "We are delighted that our efforts in preserving and revitalising the pre-war building cluster at Mallory Street have been recognised by the HKIP. All along, it has been our objective to revitalis