FAQ
Two reasons : these are pilot schemes in addition to URA's self-initiated redevelopment schemes, and URA has limited resources. In time to come, URA will review how these schemes fare and reassess the feasibility and its ability to take on more projects within a financial year.
The proper maintenance of one's property is the legal responsibility of the owner and it is of paramount importance for property owners to ensure that public safety is not compromised.
No, owners can only choose to apply for one at any relevant time.
The presence of DURF will not delay URA's consideration of a potential project in Kowloon City.
URA will constantly review the need to increase publicity for the two schemes.
As both schemes are owner-initiated, i.e. bottom-up, it will be up to the owners to gather enough support amongst themselves. It will not be appropriate for the URA to step in and kick-start the application process in such a way.
"Saleable area" is used in FFF to maintain consistency with URA's acquisition policy which is based on saleable area. Definition of "saleable area" in the FFF Undertaking will conform to the definition adopted in the Consent Scheme while "Gross floor area" is not well defined in the property market.
Under demand-led redevelopment, abnormal spate of tenant eviction is a ground for the URA to decline an application.
In both demand-led and facilitation schemes, an owner applicant is entitled to withdraw at any time after he has signed the application form. However, under demand-led scheme, an owner is not entitled to back out of the scheme after he has signed the Sale and Purchase Agreement.
In facilitation scheme, an owner is also entitled to withdraw even after he has signed the Facilitation Agreement but any contribution to costs that he has already paid will not be refundable to him. In facilitation scheme, an owner cannot withdraw once he has signed the Joint Sale Agreement.
They are both bottom-up approach aimed at empowering owners to take the initiative to improve their living conditions through redevelopment and to expedite urban renewal which will benefit the local community.
Subject to the meeting of all application requirements, all applications will be considered fairly on a case-by-case basis.
URA/URFSL will not publicise that they have received applications from any parties to anyone including the "residual owners". In the case of facilitation, the URFSL will contact the "residual owners" once the facilitation project is accepted, and the facilitation agreements signed by the applicant owners. In the case of demand-led scheme, if an application is accepted, all owners will find out during the freezing survey.