Press Releases
Year 2012
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30 Jul 2012
URA welcomes appointment of Secretary for Development
香港特別行政區政府今天(星期一)公布陳茂波先生獲委任為發展局局長，市區重建局主席張震遠表示歡迎。 張震遠表示：「陳茂波先生擁有豐富的管理經驗、立法會經驗，以及公職經驗。市建局相信他的經驗有助市建局在『以人為先、社區為本、與民共議』三大理念下，加快擴大市區更新工作。」 張震遠期望市建局與陳局長合作，落實新《市區重建策略》的新猷，以及政府交付的新任務，例如工廈重建，以改善香港舊區居民的居住環境，釋放市區土地，改善規劃，裨益社會。 (完)
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23 Jul 2012
Eighteen Expression of Interest Submissions for Development of Sai Yee Street Project in Mong Kok received
The Urban Renewal Authority (URA) received a total of 18 Expressions of Interest for the development of Sai Yee Street project in Mong Kok when the invitation for submission closed today (Monday). A tender review panel under the URA Board will shortlist qualified companies and invite them to submit tenders for the development. The tender exercise will take place in the near future. The project with a site area of about 2,478 square metres is bounded by parts of Sai Yee Street, Nelson Street and Fa Yuen Street and situated in or near the cluster of sports retail outlets in Mong Kok, one of the key districts where redevelopment, rehabilitation and revitalisation initiatives of the Authority are being actively carried out. Upon completion, it is expected to deliver a commercial gross fl
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13 Jul 2012
Invitation for Expression of Interest for Development of Sai Yee Street Project in Mong Kok
The Urban Renewal Authority (URA) will invite interested parties to submit Expressions of Interest for the development of Sai Yee Street (dubbed as Trainers Street) project in Mong Kok beginning next Monday (16 July 2012). The project with a site area of about 2,478 square metres is bounded by parts of Sai Yee Street, Nelson Street and Fa Yuen Street or situated in the junction near the cluster or critical mass of sports retail outlets in Mong Kok, one of the key districts where redevelopment, rehabilitation and revitalisation initiatives of the Authority are being actively carried out. Upon completion, it is expected to deliver a commercial gross floor area of about 4,956 square metres and a residential gross floor area of 17,346 square metres providing an estimated total of 290 resid
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6 Jul 2012
URA’s Kowloon City Road/Sheung Heung Road project: Authorisation by the Secretary for Development
The Secretary for Development has authorised the Urban Renewal Authority (URA) to proceed with the Kowloon City Road/Sheung Heung Road project in Ma Tau Kok, Kowloon City District. The authorisation for the project is given under Section 24 (5) 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 Kowloon City Road/Sheung Heung Road project was published in the Gazette on 25 November 2011 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, the URA submitted the Kowloon City Road/Sheung Heung Road
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4 Jul 2012
URA issues offer letters to owners affected by a demand-led redevelopment project in Sham Shui Po
The Urban Renewal Authority (URA) today (Wednesday) issued conditional acquisition offers to property owners affected by one of its three debut demand-led redevelopment projects commencing in early April this year. Eligible owner-occupiers of domestic properties affected by the demand-led project at 229A-G Hai Tan Street in Sham Shui Po are being offered $8,830 per square foot of saleable area, which is the unit rate of a notional seven-year old flat. The conditional offer was endorsed by the Land, Rehousing and Compensation Committee of the URA Board last week. The URA offer letters have spelt out details of the conditional offers to owners of 58 property interests who will then have 60 days to consider and accept the offer. There must be an acceptance of URA's conditional offers with
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29 Jun 2012
Property acquisition for a demand-led redevelopment project in Sham Shui Po to start soon
The Urban Renewal Authority (URA) is going to issue conditional acquisition offers shortly to property owners affected by one of its three debut demand-led redevelopment projects commencing in early April this year. The compensation policy is same as that of the URA's self-initiated projects. The Land, Rehousing and Compensation Committee of the URA Board today (Friday) deliberated and approved that eligible owner-occupiers of domestic properties affected by the demand-led project at 229A-G Hai Tan Street in Sham Shui Po will be offered $8,830 per square foot of saleable area, which is the unit rate of a notional flat of seven-year-old situated in a similar locality. For this project, no objection to it has been received during the two-month publication period. As for the other two de
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25 Jun 2012
URA welcomes re-appointment of Executive Director
The Board of the Urban Renewal Authority (URA) today (Monday) welcomed the re-appointment of Ms Iris Tam as an Executive Director of the URA for another term of three years, effective 1 September 2012. "As one of the Executive Directors of the URA, Ms Tam has played a significant role in helping to devise the implementation framework for the new initiatives stipulated in the new Urban Renewal Strategy," said the URA Chairman, Mr Barry Cheung. "Her extensive knowledge and expertise in urban renewal, particularly in the areas of town planning, sustainable development and urban renewal project management, are also invaluable assets to the URA to advance its core businesses of redevelopment and rehabilitation. Her reappointment is conducive to the smooth continuation of the work of the URA,
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18 Jun 2012
China Overseas Land & Investment Limited wins URA Project for Development of Pak Tai Street / Mok Cheong Street in Ma Tau Kok
The Urban Renewal Authority (URA) today (Monday) announced that Longcross Limited, a wholly-owned subsidiary of China Overseas Land & Investment Limited, has won the contract for the development of Pak Tai Street/Mok Cheong Street Project in Ma Tau Kok by tender. The project covers a total area of about 770 square metres. Upon completion, it is planned to deliver a total gross floor area of about 6,940 square metres for an estimated total of 92 residential units, together with the provision of commercial space of about 1,150 square metres. The URA intends to provide about 50% of the total number of residential units in the project with a saleable area of or less than 46.5 square metres, i.e. about 500 square feet. China Overseas Land & Investment Limited is one of the seven tender submi
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31 May 2012
Tender closes for Development of Pak Tai Street / Mok Cheong Street Project in Ma Tau Kok
The Urban Renewal Authority (URA) today (Thursday) announced that a total of seven tender offers have been received for the development of Pak Tai Street/Mok Cheong Street Project in Ma Tau Kok. 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 expressions of interest from developers and had asked 16 developers to submit a tender for the development. The project covers a total area of about 770 square metres. Upon completion, it is planned to deliver a total gross floor area of about 6,940 square metres for an estimated total of 92 residential units, together with the provision of commercial space of about 1,150 square metres. The U
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30 May 2012
Second round of demand-led redevelopment projects
The Urban Renewal Authority (URA) is inviting applications for the second round of projects under its pilot demand-led redevelopment scheme from this Friday (1 June 2012) until 31 August 2012. Announcing this today (Wednesday), the Managing Director of the URA, Mr Quinn Law, said: "The first round of demand-led redevelopment projects achieved an overwhelming response from interested property owners with a total of 25 applications received by the closing date. Three selected projects, which have been approved for inclusion in our current year's business plan, are underway. In the second round, the URA is committed to taking up additional projects for commencement in due course so as to benefit more people, help them improve their living environment and speed up the pace of redevelopment."