Press Releases
Year 2021
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13 Sep 2021
Invitation for Expressions of Interest for Development of URA’s Hung Fook Street / Ngan Hon Street Development Project
The Urban Renewal Authority (URA) will invite interested developers/ consortia to submit Expressions of Interest (EOI) for the development of the Hung Fook Street / Ngan Hon Street Development Project (the Project) in To Kwa Wan tomorrow (14 September 2021). The Project, which covers a site area of 4,581 square metres, was commenced in June 2016. Upon completion, it will provide a maximum total gross floor area of 41,229 square metres. The successful developer/ consortium will be required to construct the new development in compliance with the requirements of the master design control of To Kwa Wan district in Kowloon City as set out in the development agreement (the Agreement) of the Project to create synergy with adjoining development projects of the URA, allowing comprehensive re
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9 Sep 2021
Tender Awarded for URA’s Bailey Street / Wing Kwong Street Development Project
The Urban Renewal Authority (URA) announced today (9 September 2021) that the contract for the development of Bailey Street / Wing Kwong Street Development Project (the Project) in To Kwa Wan has been awarded to Nation Star Development Limited, a wholly-owned subsidiary of Henderson Land Development Company Limited, with a tender amount at HK$8,189 million. The URA earlier invited 33 property developers/ consortia to submit tenders for the Project following an expression of interest exercise. The URA received a total of six tenders from these 33 property developers/ consortia when the submission of tender closed on 23 August 2021. After careful deliberation, the URA Board considered that the tender offer made by Nation Star Development Limited has met the tender requirements of the
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7 Sep 2021
URA and Chun Wo Pioneer in Concrete Modular Integrated Construction to Build Hong Kong’s First Private Residential Project
The Urban Renewal Authority (URA) announces today (7 September 2021) that the URA Board has approved the tender award to Chun Wo Construction Holdings Company Limited (Chun Wo Construction) for the superstructure works contract of the Ash Street Development Project (the Project) in Tai Kok Tsui. With the application of the Concrete Modular Integrated Construction (MiC) method, this Project will become Hong Kong’s first private residential development project using this innovative construction technology. In recent years, the Government has been actively promoting the application of MiC in public and private developments. By adopting the concept of “factory assembly followed by on-site installation”, site construction processes of residential units are moved to a controlled factory env
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4 Sep 2021
SPORTS EXPO Cheers for Hong Kong Athletes’ Success in 2020 Tokyo Olympic Games
The Hong Kong Delegation completed the Tokyo 2020 Olympic Games with flying colours. To celebrate the remarkable results Hong Kong athletes have achieved and solicit support from the public for athletes, the Urban Renewal Authority (URA) and Hong Kong Playground Association (HKPA) held a cheering event at SPORTS EXPO today (4 Sept). The event was officiated by Mr Timothy Fok, GBS, JP, President of the Sports Federation and Olympic Committee of Hong Kong, China; Mr Victor Hui, GBS, MBE, JP, President of HKPA; Mr Sin Yat-kin, SBS, CSDSM, JP, Chairman of HKPA; Mr Chow Chung-kong, GBM, GBS, JP, Chairman of the URA; Ir Wai Chi-sing, GBS, JP, FHKEng, Managing Director of the URA; Mr Pui Kwan-kay, SBS, BBS, MH, Chef de Mission to Tokyo 2020 Olympics; Mr Yeung Tak-keung, JP, Commissioner for Sp
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23 Aug 2021
Phase One of Revitalised Central Market Opens Signifing Blending Old and New
Jointly managed and operated by the Urban Renewal Authority (URA) and Chinachem Group (the Group), the revitalised Central Market celebrates its soft opening today, marking a new milestone for the Grade 3 historic building which is now open for public enjoyment, as phase one of the restoration and revitalisation work reaches completion. The new-look Central Market has captured and preserved many of its historical elements and integrated these into the open plan floor design. It adopted a “boundaryless spatial concept” to provide over 100 leasable units for retail and F&B, 1,000 square metres of green open space, and community spaces for a variety of art exhibitions, performances, and cultural activities, transforming the Central Market into a “Playground for All”. A very satisfactory
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23 Aug 2021
Six Tenders Received for URA’s Bailey Street / Wing Kwong Street Development Project
The Urban Renewal Authority (URA) received a total of six tenders for the Bailey Street / Wing Kwong Street Development Project (the Project) in To Kwa Wan when the invitation for submission of tender closed today (23 August 2021). A tender review panel (TRP) under the URA Board will consider the tenders received and make recommendation to the URA Board for its decision on the award of the development of the Project. The URA earlier invited interested developers/ consortia to submit Expressions of Interest for the Project. After careful consideration of the Expressions of Interest received, the TRP invited 33 property developers/ consortia to submit tenders. The Project, which covers a site area of 7,406 square metres, was commenced in March 2016. Upon completion, it will provid
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5 Aug 2021
URA Issues Acquisition Offers for Shing Tak Street / Ma Tau Chung Road Development Project
The Urban Renewal Authority (URA) today (5 August 2021) issued acquisition offers to property owners of the first URA’s pilot project authorised by the Government in Kowloon City, namely, Shing Tak Street / Ma Tau Chung Road Development Project (the Project), to redevelop buildings under the Civil Servants’ Co-operative Building Society (CBS) Scheme. The Land, Rehousing and Compensation Committee (LRCC) of the URA Board has earlier approved to offer owner-occupiers of the Project $19,848 per square foot of saleable area, which is the unit rate of a seven-year-old notional replacement flat of the same locality (Notional Unit Rate). In line with the established mechanism, the URA appointed seven independent consultancy firms by open ballot to assess the Notional Unit Rate for the Projec
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23 Jul 2021
Invitation to Tender for URA’s Bailey Street / Wing Kwong Street Development Project
The Urban Renewal Authority (URA) today (23 July 2021) invites a total of 33 property developers/ consortia to tender for the development of the Bailey Street / Wing Kwong Street Development Project (the Project) in To Kwa Wan. The URA will provide the relevant tender documents to the invited property developers/ consortia, 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 23 August 2021 (Monday). 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 a recommendation to the URA Board for its decision on the award of the develop
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20 Jul 2021
URA Publishes Tender Amounts of Unsuccessful Submissions for Oak Street / Ivy Street Development Project
The Urban Renewal Authority (URA) today (20 July 2021) published on an anonymous basis the tender amounts offered by the unsuccessful but conforming tenderers in the tender for the Oak Street / Ivy Street Development Project (the Project) in Tai Kok Tsui. The URA commenced the tender exercise of the Project earlier and a total of 14 tenders were received when the tender closed on 20 May 2021. After careful deliberation by the URA Board, the URA awarded the tender for the Project to Gain Concept Holdings Limited, a wholly owned subsidiary of Charming King Limited, on 10 June 2021. In addition to publishing the name of the successful tenderer and its holding company upon the award of the tender through a press release, the URA also disclosed at the same time the successful tender amount
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12 Jul 2021
Second Round of Applications for Building Drainage System Repair Subsidy Scheme Opens Today
The Urban Renewal Authority (URA) announced that the second round of applications for the Building Drainage System Repair Subsidy Scheme (the Scheme) opens from today (12 July 2021). The second-round application allows all eligible buildings to apply for the subsidy, irrespective of whether their buildings have outstanding statutory orders from the Buildings Department on common drains. With increasing public concerns that defective drains can be a means to spread COVID-19, a total of $1 billion has been earmarked in the 2021-2022 Government Budget to launch the Scheme. Tasked to be responsible for administering the Scheme, the URA will provide technical and financial assistance to owners of old buildings with relatively low rateable value, thus facilitating needy owners to organise re