Press Releases
Year 2013
-
18 Sep 2013
URA and HKHS: New tendering arrangement for OBB building contractors
The Urban Renewal Authority (URA) and Hong Kong Housing Society (HKHS) today (Wednesday) announced the introduction of a new tendering arrangement for building contractors under the Operation Building Bright (OBB) with an aim to provide an open and fair tendering platform free from interference of the process. The Government launched the OBB scheme in May 2009 which is a special operation to promote building rehabilitation and also an initiative to create employment opportunities. The Scheme involves a total subsidy of HK$3.5 billion and is helping owners of over 3,200 buildings aged 30 years or over to carry out repair works. HKHS and URA in collaboration with the Buildings Department are responsible for the implementation of the scheme. Under the new tendering arrangement, three
-
11 Sep 2013
URA issues offer letters to owners affected by two remaining projects in second round of demand-led pilot scheme
The Urban Renewal Authority (URA) today (Wednesday) issued conditional acquisition offers to property owners affected by two remaining redevelopment projects in the second round of demand-led pilot scheme in Tai Kok Tsui and Sham Shui Po commenced in June this year. Eligible owner-occupiers of domestic properties affected by the two demand-led projects at No. 8 - 10 Fuk Chak Street/7 - 9 Li Tak Street in Tai Kok Tsui, and No. 25 - 31 Wong Chuk Street in Sham Shui Po will be offered $11,020 and $9,863 per square foot of saleable area respectively which are equivalent to the unit rate of a notional replacement flat of seven-year-old situated in similar locality and of similar size. The URA offer letters spelt out details of the conditional offers to owners of 109 property interests who wi
-
10 Sep 2013
Two demand-led projects of URA in Sham Shui Po take a major step forward
The two demand-led redevelopment projects in Sham Shui Po under the second round of the pilot scheme of the Urban Renewal Authority (URA) are set to move forward as owners representing more than 80 percent of the undivided shares per lot in both projects have signed agreements to sell their properties to URA within the 75-day offer period expiring today (Tuesday). Director (Acquisition & Clearance) of the URA, Mr Ian Wong, congratulated the property owners of 270 - 286 Tung Chau Street/1 - 5 Kweilin Street, and 1 - 3B Kowloon Road/1 - 5 Kiu Yam Street for their efforts in taking the projects a significant step forward on fulfilling one key condition of the URA's conditional offers. "We are delighted to see that the two projects initiated by owners have achieved a major breakthrough whic
-
6 Sep 2013
Property acquisition for two demand-led redevelopment projects to start soon
The Urban Renewal Authority (URA) will soon issue conditional acquisition offers to property owners affected by its two demand-led redevelopment projects in Tai Kok Tsui and Sham Shui Po commenced earlier in June this year. Eligible owner-occupiers of domestic properties of No. 8 - 10 Fuk Chak Street/ 7 - 9 Li Tak Street in Tai Kok Tsui, and No. 25 - 31 Wong Chuk Street in Sham Shui Po will be offered $11,020 and $9,863 per square foot of saleable area respectively which are equivalent to the unit rate of a notional replacement flat of seven-year-old situated in similar locality and of similar size. The conditional offers for the two projects are deliberated and approved by the Land, Rehousing and Compensation Committee of the URA Board after careful deliberation today (Friday). Let
-
30 Aug 2013
URA’s industrial building redevelopment project in Cheung Sha Wan: Authorisation by Secretary for Development
The Secretary for Development has authorised the Urban Renewal Authority (URA) to proceed with its industrial building redevelopment pilot scheme project at Nos. 777 - 783 Yu Chau West Street, Cheung Sha Wan, Kowloon. The authorisation for the project is given under Section 24(4)(a) of the Urban Renewal Authority Ordinance (URAO) and is published in the Gazette today (Friday). The project was implemented by way of a development project in accordance with Section 26 of the URAO. The implementation notice of the Yu Chau West Street industrial building redevelopment project was published in the Gazette on 18 January 2013 under Section 23 of the URAO. It was followed by a two-month publication period, during which three objections were received. In accordance with Section 2
-
18 Jul 2013
URA’s Art Community in Wan Chai takes off with the opening of the Comix Home Base
The first pure preservation cum revitalisation project of the Urban Renewal Authority (URA) at Mallory Street/Burrows Street in Wan Chai is officially open today (Thursday). The URA has appointed Hong Kong Arts Centre (HKAC) to be the Main Operator of the Mallory Street project to operate and manage the "Comix Home Base" under a five-year contract. The HKAC endeavours to use the Comix Home Base as the platform for exchange and interaction of the comic industry both locally and overseas. The Chief Secretary for Administration, Mrs Carrie Lam, witnessed the opening of the Comix Home Base together with the Secretary for Development, Mr Paul Chan; Chairman of the URA, Mr Victor So; and Chairman of Board of Governors of HKAC, Mr Nelson Leong. Speaking at the ceremony, Chai
-
2 Jul 2013
Applications open for third round of demand-led redevelopment projects
The Urban Renewal Authority (URA) is inviting applications for the third round of projects under its pilot demand-led redevelopment scheme as from today (Tuesday) until 30 September 2013. Announcing this today, Director, Corporate & Legal Services of the URA, Mr Pius Cheng, said: "The demand-led redevelopment model has been well received among the interested property owners with staunch support since its introduction in 2011, with the first two rounds of demand-led redevelopment projects recorded a total of 25 and 34 applications respectively by the closing dates. In the third round, the URA is committed to taking up demand-led redevelopment projects for commencement in year 2014/15 as soon as possible so as to benefit more people, help them improve their living environment and speed u
-
28 Jun 2013
URA commences two other projects in the second round of demand-led pilot scheme
The Urban Renewal Authority (URA) today (Friday) commenced the planning procedures for two other redevelopment projects in the second round of demand-led pilot scheme, which are among the four projects selected to be launched in its 2013/14 business plan. The first two demand-led projects were kicked start in April and conditional acquisition offers have just been issued to owners affected by the two projects. Speaking at the media briefing this morning, Director (Planning & Design), Mr Michael Ma, said with the commencement of the two remaining projects, all redevelopment projects in the second round of demand-led pilot scheme have been launched. "The two demand-led projects, involving a total of 109 property interests, if implemented, will help improve the living environment of so
-
27 Jun 2013
URA issues offer letters to owners affected by two projects in second round of demand-led pilot scheme
The Urban Renewal Authority (URA) today (Thursday) issued conditional acquisition offers to property owners affected by two redevelopment projects in the second round of demand-led pilot scheme in Sham Shui Po commenced in early April this year. Eligible owner-occupiers of domestic properties affected by the two demand-led projects at 270-286 Tung Chau Street/1-5 Kweilin Street and 1-3B Kowloon Road/1-5 Kiu Yam Street in Sham Shui Po are being offered $9,807 and $9,857 per square foot of saleable area respectively, which are equivalent to the unit rate of a notional replacement flat of seven-year-old situated in similar locality and of similar size. The URA offer letters spelt out details of the conditional offers to owners of 251 property interests who will have 75 days to consider a
-
21 Jun 2013
Property acquisition for two demand-led redevelopment projects to start soon
The Urban Renewal Authority (URA) is going to issue conditional acquisition offers shortly to property owners affected by its two demand-led redevelopment projects in Sham Shui Po commenced in early April this year. Eligible owner-occupiers of domestic properties of 270-286 Tung Chau Street/1-5 Kweilin Street and 1-3B Kowloon Road/1-5 Kiu Yam Street projects will be offered $9,807 and $9,857 per square foot of saleable area respectively which are equivalent to the unit rate of a notional replacement flat of seven-year-old situated in similar locality and of similar size, are deliberated and approved by the Land, Rehousing and Compensation Committee of the URA Board today (Friday). Letters outlining details of the conditional offers to owners of 251 property interests of the two proj