Press Releases
Year 2014
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3 Sep 2014
Property acquisition for URA’s Tonkin Street/Fuk Wing Street project to start soon
The Urban Renewal Authority (URA) will issue acquisition offers to property owners affected by the Tonkin Street/Fuk Wing Street redevelopment project in Sham Shui Po shortly in September. Eligible owner-occupiers of domestic properties affected by the project will be offered $9,461 per square foot of saleable area, which is equivalent to the unit rate of a notional replacement flat of seven-year-old situated in similar locality and of similar size. The acquisition offers for the project are deliberated and approved by the Land, Rehousing and Compensation Committee of the URA Board today (Wednesday). The Tonkin Street project affects a total of 81 property interests. Property owners will have 60 days to consider the URA's offers. The URA's prevailing acquisition policy for both dome
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3 Sep 2014
URA launches a new round of Graham Street Market Promotion
The Urban Renewal Authority today (Wednesday) kicked-off the third round of promotional activity to enliven a century-old open market in Central, which is located outside the boundary of URA's Peel Street/Graham Street project. About 70 shops and stall operators have participated in the three-week event. Starting from today until 26 September, patrons can use the cash coupons distributed at Graham Street Market and various MTR stations in Hong Kong for purchases at the participating shops and stalls. They will also be rewarded with special gifts made of environmentally friendly materials, such as shopping trolley, apron, hot pad, mitten, cleaning cloth and bowl. The opening ceremony today was officiated by URA Board Member and Chairman of URA's Central and Western District Advisory Com
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1 Sep 2014
Sino Land and Chinese Estates Holdings win development of URA’s Kwun Tong Town Centre Project (Development Areas 2 & 3)
The Urban Renewal Authority (URA) Board decided to award the contract for the development of the Kwun Tong Town Centre Project (Development Areas 2 & 3) to a consortium, Union Score Investments Limited, consisting of Sino Land Company Limited and Chinese Estates Holdings Limited, in a meeting today (Monday). The URA earlier invited a total of 10 pre-qualified property developers to submit a tender for the development under the revised tender terms and project requirements following the URA Board's decision in late July. The URA received a total of six tender proposals when the tender closed on 26 August. A tender review panel has carefully considered all tenders received and made recommendation to the URA Board. After careful deliberation, the URA Board considered that the offer made
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26 Aug 2014
URA’s Kwun Tong Town Centre Project (DAs 2 & 3) received 6 tender offers
The Urban Renewal Authority (URA) today (Tuesday) announced that a total of six tender offers have been received for the development of Kwun Tong Town Centre Project (Development Areas 2 & 3) under the revised tender terms and project requirements. A tender review panel will consider all tenders received and make recommendation to the URA Board which will make a decision within September this year. Earlier, the URA invited a total of 10 pre-qualified property developers to submit a tender for the development under the revised tender terms and project requirements following the URA Board's decision in late July. The Kwun Tong project is the largest redevelopment initiative ever undertaken by the URA since establishment. With a total area of about 5.35 hectares, the project is divi
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5 Aug 2014
Invitation to tender for Kwun Tong Town Centre Project (DAs 2 & 3) under the revised tender terms
The Urban Renewal Authority (URA) today (Tuesday) invited a total of 10 pre-qualified property developers to tender for the development of the Kwun Tong Town Centre Project (Development Areas 2 & 3) under the revised tender terms and project requirements following the URA Board's decision last week. The 10 pre-qualified developers (full list at annex), which had earlier submitted their expressions of interest, were previously selected by a tender review panel under the URA Board after taking into consideration their experience and financial strength to undertake the development in accordance with the requirements and criteria set by the Authority. All tender proposals should reach the URA Headquarters at 26/F COSCO Tower, 183 Queen's Road Central, by 5:00 pm on Tuesday, 26 August 20
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29 Jul 2014
URA Board will make a decision before end of September this year for the tender outcomes of Kwun Tong Town Centre Project (DA 2 & 3)
The Urban Renewal Authority (URA) Board decided to withhold the decision to award the tender for the Kwun Tong Town Centre Project (Development Areas 2 & 3) after careful consideration at today's (Tuesday) meeting. The URA earlier invited property developers to submit expressions of interest in tendering for the development of Development Areas 2 & 3, and ten pre-qualified property developers had been selected to put forward their tender proposals. The URA finally received four tender proposals. After careful deliberation, the URA Board decided to revise some of the tender terms and project requirements and invite the ten pre-qualified developers which had earlier expressed their interest to submit their tender proposals based on the revised terms. The URA Board will consider all t
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15 Jul 2014
Four tender proposals received in preliminary counting for Development Areas 2 & 3 of Kwun Tong Town Centre Project
The Urban Renewal Authority (URA) today (Tuesday) announced that four tender proposals have been received for the development of Kwun Tong Town Centre Project (Development Areas 2 & 3), according to preliminary counting. A tender review panel will consider the tenders received and make recommendation to the URA Board for a decision on the award of a development agreement in respect of this project. Earlier, the URA invited 10 property developers to submit a tender for the development after they had put forward their expressions of interest. The project is the largest redevelopment initiative ever undertaken by the URA since establishment. With a total area of about 5.35 hectares, the project is divided into five Development Areas and is implemented in phases. Development Areas 2 a
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25 Jun 2014
URA issues conditional offers to owners of To Kwa Wan Road demand-led redevelopment project
The Urban Renewal Authority (URA) today (Wednesday) issued conditional acquisition offers to property owners affected by the To Kwa Wan Road demand-led redevelopment project in To Kwa Wan, Kowloon. Eligible owner-occupiers of domestic properties of Nos. 68A - 70C To Kwa Wan Road (even numbers) are offered $10,078 per square foot of saleable area which is equivalent to the unit rate of a notional replacement flat of seven-year-old situated in similar locality and of similar size. Details of the conditional offers are spelt out in letters to owners of 129 property interests who will have 75 days to consider and accept the offers. There must be an acceptance of URA's conditional offers with execution of Conditional Sale and Purchase Agreements by owners of not less than 80 percent of undiv
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18 Jun 2014
Property acquisition for a demand-led redevelopment project in To Kwa Wan to start soon
The Urban Renewal Authority (URA) will soon issue conditional acquisition offers to property owners affected by a demand-led redevelopment project in To Kwa Wan, which is the second one in the district under the third-round pilot scheme. The condition offers for the project are deliberated and approved by the Land, Rehousing and Compensation Committee of the URA Board today (Wednesday). Eligible owner-occupiers of domestic properties of Nos. 68A - 70C To Kwa Wan Road (even numbers) will be offered $10,078 per square foot of saleable area which is equivalent to the unit rate of a notional replacement flat of seven-year-old situated in similar locality and of similar size. Letters setting out details of the conditional offers to owners of 129 property interests of the project will be iss
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12 Jun 2014
URA Press Statement on Hai Tan Street / Kweilin Street & Pei Ho Street Project
市區重建局（市建局）就傳媒查詢今日法庭執達吏收回上述項目單位的行動，有以下回應： 2006年2月17日，市建局根據《市區重建局條例》宣布啟動海壇街、桂林街及北河街發展計劃，並於同日在該項目範圍內進行凍結人口調查。項目由公布至今，受影響的600多戶居民絕大部份已接受補償及順利遷出，只餘7名佔用人（其中包括2名天台、4名住宅及1名非住宅佔用人），尚待遷出。 今日被收回的物業位於項目範圍內的海壇街187號D五樓。 根據在2006年2月的凍結人口調查登記，有關物業分為前後兩部份；前部份無人應門，未能入屋登記，而後部份由2名租客佔用。 2010年11月19日，政府刊憲公告收回該項目的有關土地（包括該物業）。 項目自啟動至今已經8年，政府公布收地至今亦超過3年，期間，市建局／政府繼續與佔用人多次商討，並以同區另一個近期市建局進行收購的重建項目每平方呎$9,800的同區七年樓呎價為基礎，按照佔用人在凍結人口調查登記時的佔用狀况提高該物業的補償。但該佔用人開出的條件，是樓換樓或以西九住宅的呎價為標準，遠超市建局同區七年樓呎價可以提供的補償水平。此外，重建項目於2006年展開，不符合在2011年後才適用的樓換樓安排。項目已拖延近8年，該項目不可能無限期延誤，因此有需要取回該物業的空置管有權，使市建局可繼續該重建項目。佔用人可以接受政府的補償作為暫付款項，而他繼續申索補償的法律權利完全不會受到影響，他亦可向土地審裁處提出補償仲裁。市建局會繼續與住戶溝通。 如有需要，市建局可以安排臨時居所供該佔用人暫住。 （完）