Press Releases
Year 2018
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7 Sep 2018
Invitation to Tender for Development of URA’s Castle Peak Road/Un Chau Street Development Project
The Urban Renewal Authority (URA) today (Friday) invites a total of 37 property developers to tender for the development of the Castle Peak Road/Un Chau Street Development Project (the Project) in Sham Shui Po. The URA will provide the relevant tender documents to the invited property developers, based on which they can submit tenders for the development. All tender submissions should reach the URA Headquarters at 26/F COSCO Tower, 183 Queen’s Road Central, by 12:00 noon on 5 October 2018 (Friday). Any submission of the tender received after the specified closing time mentioned above will not be accepted. The tender review panel will consider the tenders received and then make recommendation to the URA Board for its decision on the award of the development of the Project. The Pr
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17 Aug 2018
URA joins hands with Government departments to help operators affected by Graham Street fire incident rebuild and repair stalls
With regard to the fire incident which took place at the Graham Market in Central a few days ago, the Urban Renewal Authority (URA) together with the relevant Government departments have been in close contact with the affected stall operators in the past few days to understand the situation and their needs, with an aim to offer corresponding compassionate assistance and help them resume their business as soon as possible. Following the fire at Graham Street which broke out in the early hours of 15 August 2018, URA representatives went to the market in the morning on the same day to reach out to the stall operators to learn about their worries and concerns. Some stall operators expressed their concerns to the URA that they had to suspend their business as their stalls were damaged by th
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16 Aug 2018
37 Expressions of Interest received for URA’s Castle Peak Road/Un Chau Street Development Project
The Urban Renewal Authority (URA) received a total of 37 Expressions of Interest for the development of the Castle Peak Road/Un Chau Street Development Project (the Project) in Sham Shui Po when the invitation for submission of Expressions of Interest closed today (Thursday). A tender review panel under the URA Board will shortlist the qualified developers from the submissions, taking into consideration their development experience and financial capability to undertake the development in accordance with the shortlisting criteria set by the tender review panel. The URA will soon invite the shortlisted developers to submit tenders for the development of the Project based on the principal tender terms approved by the URA Board. The Project, which covers a site area of about 1,650 square
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7 Aug 2018
Invitation for Expressions of Interest for Development of URA’s Castle Peak Road/Un Chau Street Development Project
The Urban Renewal Authority (URA) will invite interested developers to submit Expressions of Interest (EOI) for the development of the Castle Peak Road/Un Chau Street Development Project (the Project) in Sham Shui Po tomorrow (Wednesday). The Project, which covers a site area of about 1,650 square metres, was commenced in February 2014. Upon completion, it will provide a maximum total gross floor area of about 14,840 square metres. The successful developer will be required to construct the new development in compliance with the standard and quality requirements, the environmentally sustainable provisions and smart provisions in respect of home energy and water consumption system, home health and wellness system, smart display, home waste management system, building information model
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24 Jul 2018
URA Board approves Ma Tau Wai Road/Chun Tin Street Project as “Starter Homes” Pilot Project
The Board of the Urban Renewal Authority (URA) today (Tuesday) approved to accept invitation from the Chief Executive of the Hong Kong Special Administrative Region to assign the Ma Tau Wai Road/Chun Tin Street Project as a “Starter Homes” (SH) Pilot Project, to support the Government’s new initiatives on housing announced earlier. The URA Board also approved authorising the Management of the URA to discuss with relevant policy bureaux and government departments over the next few months the implementation details of the Ma Tau Wai Road/Chun Tin Street SH Pilot Project, which will be submitted to the URA Board and Government for approval before the launch of the SH pre-sale exercise. Chairman of the URA, Mr Victor So Hing-woh, remarked that the URA Board approved to assign the URA’s s
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16 Jul 2018
URA publishes tender amounts of unsuccessful submissions for Tung Chau Street/Kweilin Street Redevelopment Project
The Urban Renewal Authority (URA) today (Monday) published on an anonymous basis the tender amounts offered by the unsuccessful but conforming tenderers in the tender for the Tung Chau Street/Kweilin Street Redevelopment Project (the Project) in Sham Shui Po. Tung Chau Street/Kweilin Street Project is the first URA project to implement the new arrangement of publishing information of the tender results on joint venture development projects. The new arrangement was approved by the URA Board in April 2018. The URA commenced the tender exercise of the Project earlier and a total of 20 tenders were received when the tender closed on 30 May 2018. After careful deliberation by the URA Board, the URA awarded the tender of the Project to World Fame Shipping Limited, a wholly-owned subsidia
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6 Jul 2018
Application for two new building rehabilitation subsidy schemes begins next week
The Urban Renewal Authority (URA) today (Friday) signed Memoranda of Understanding (MOU) with the Development Bureau and the Security Bureau for the launch of Operation Building Bright 2.0 Scheme (OBB 2.0 Scheme) and Fire Safety Improvement Works Subsidy Scheme (FSW Scheme) respectively. The URA will also take over the work of the Hong Kong Housing Society (HKHS) under the Mandatory Building Inspection Subsidy Scheme (MBISS). Being fully responsible for handling all new MBISS applications including the areas originally served by HKHS, URA will provide a one-stop and comprehensive support to property owners on various building rehabilitation initiatives. Application for OBB 2.0 Scheme and FSW Scheme will start concurrently on next Monday (9 July). The application will be closed on 31
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29 Jun 2018
URA’s Ma Tau Wai Road/Chun Tin Street Project
The Chief Executive announced today (Friday) a new Government housing initiative of inviting the Urban Renewal Authority (URA) to assign its redevelopment project at Ma Tau Wai Road/Chun Tin Street as a “Starter Homes” Pilot Project (Pilot Project) and to provide 450 units of the redevelopment project as “Starter Homes” units for sale. A URA spokesman said that the URA welcomes the Government’s new initiative and the URA Board would deliberate and resolve the initiative at its meeting in July 2018. Upon approval by the Board, the URA will formulate the pre-sale mechanism and implementation details of the Pilot Project with the Government. The Ma Tau Wai Road/Chun Tin Street Project is a redevelopment project developed by the URA itself. The project is expected to be issued with the
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22 Jun 2018
URA commences a redevelopment project in Kowloon City to further enhance district environment
The Urban Renewal Authority (URA) today (Friday) commences the statutory planning procedures of the Wing Kwong Street/Sung On Street Development Project (KC-014) in Kowloon City to carry through the holistic and district-based approach which the Authority has adopted in rejuvenating the district. A “planning-led” approach will be adopted to further enhance the road network and pedestrian environment, with an aim to maximise the planning and community benefits for the district. The KC-014 Project is located in the vicinity of five URA’s redevelopment projects, which were commenced under the district-based approach for Kowloon City since 2016. The KC-014 Project covers Nos. 44 – 54A Ngan Hon Street (even numbers) and Nos. 72 – 118 Wing Kwong Street (even numbers) and has a total area of
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12 Jun 2018
Hong Kong Ferry (Holdings) Company Limited wins development contract of URA’s Tung Chau Street/Kweilin Street Redevelopment Project
The Urban Renewal Authority (URA) today (Tuesday) announced that the contract for the development of Tung Chau Street/Kweilin Street Redevelopment Project (the Project) in Sham Shui Po has been awarded to World Fame Shipping Limited, a wholly-owned subsidiary of Hong Kong Ferry (Holdings) Company Limited. The tender amount offered by World Fame Shipping Limited is HK$1,029.2 million, which is the highest among the tender submissions received by the URA for this project. The URA earlier invited 38 property developers to submit tenders for the Project following an expression of interest exercise. The URA received a total of 20 tenders from these 38 property developers when the submission of tender closed on 30 May 2018. After careful deliberation, the URA Board considered that the te