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  1. News - Hong Kong - HOUSING

    URA seals deal with flat owners to redevelop Sham Shui Po building

    Posted Sep 04th 2012, 12:00am by Phila Siu

    ... Phila Siu phila.siu@scmp.com Homeowners in rundown building agree to sell to Urban Renewal Authority so it can redevelop the site, in first deal of its kind Owners agree sale for U.R.A. makeover The Urban Renewal Authority (URA) has sealed a deal with homeowners in a dilapidated block of flats to redevelop the building, in what's being called a historic breakthrough. URA ...

  2. Few applicants for redevelopment scheme

    Posted Nov 01st 2011, 12:00am

    ... Joyce Ng joyce.ng@scmp.com A pilot scheme under which homeowners can invite the Urban Renewal Authority to redevelop their blocks attracted just 25 applications by the deadline yesterday. ... and in poor condition are considered for redevelopment with two-thirds support from owners. An application gets higher priority if renewal brings urban planning gains such as more open space. Many ...

  3. Eight bid for Kwun Tong redevelopment

    Posted Oct 10th 2009, 12:00am by Olga Wong

    ... Olga Wong Eight developers have bid for phase one of the Urban Renewal Authority's redevelopment of Kwun Tong town centre. The 4,326 square metre project, on the site of a bus terminal at the junction of Hip Wo Street and Yuet Wah Street, is expected to deliver a 40-storey residential block and a health clinic. ...

  4. Firm may seek Tsang's help on redevelopment

    Posted Oct 19th 2007, 12:00am by Staff Reporter

    ... in redeveloping the area if it gains the support of enough property owners. Graham Street Community Builders, which claims to be offering owners better terms than the authority, was set up by Chung Chor-ho. He says the company would be happy to redevelop the area, which includes the oldest wet market in Hong Kong, jointly with the authority. 'If we can get 40 per cent of owners ...

  5. Redevelopment law called unfair to owners

    Posted Oct 23rd 2007, 12:00am by Olga Wong

    ... Olga Wong and Loretta Fong The law empowering the government to resume private land for redevelopment should be reviewed because it does not fully protect the rights of property owners affected by redevelopment plans, lawmakers and critics said. The calls to review the Lands Resumption Ordinance come as a company formed by a property owner in an area of Central due ...

  6. Urban Renewal Authority begins $917m Wan Chai redevelopment

    Posted Jan 13th 2004, 12:00am by Chloe Lai

    ... Chloe Lai The revamped Urban Renewal Authority yesterday began demolition work on its first redevelopment project yesterday. The $917 million scheme, at the junction of Johnston Road ... to allow it to form a partnership with private developers to carry out the redevelopment. Regenerating Johnston Road was one of the first three projects the authority launched in March 2002- after ...

  7. Re-created historic shops for Central redevelopment

    Posted Feb 27th 2007, 12:00am by Chloe Lai

    ... old brands such as Wong Lo Kat Herbal Tea. The shop street is part of the authority's latest redevelopment plan, which has been dubbed Nostalgia Vibrancy: Bringing Back Old Charms and Streetscape. 'The redevelopment area is rich in culture and history,' Mr Lam said. 'We hope by improving the environment we will increase the historic and cultural value of the community ...

  8. Lai Sun weighs redeveloping Ritz-Carlton into office tower

    Posted Apr 11th 2006, 12:00am by Yvonne Liu

    ... Yvonne Liu Lai Sun Development is studying the possibility of redeveloping the Ritz-Carlton hotel in Central into an office building, which the company sees as offering greater returns. However, surveyors and analysts said the value added to the property would not justify the redevelopment costs while office supply would increase significantly in the next few years. The plan ...

  9. CRE sticks with godown redevelopment

    Posted Aug 21st 2004, 12:00am by Denise Tsang

    ... Denise Tsang Red chip China Resources Enterprise intends to submit a revised hotel redevelopment plan to the government after its original proposal was thrown out last week, according to executive director Francis Kwong Man-him. The State Council-controlled conglomerate is determined to pursue the plan, which involves redeveloping its Sha Tin Cold Storage and Pak Sik Godown in Fo ...

  10. Garley Building owner to sell redeveloped premises

    Posted Apr 06th 2005, 12:00am by Staff Reporter

    ... The company is redeveloping the building, which was heavily damaged in a tragic fire in 1996, into a 12-storey Ginza-style shopping mall. It was seeking about $1 billion, or about $9,000 per sqft, ... Despite strong redevelopment merit and keen interest from majority owner China Resources Enterprise, which owned about 68 per cent in undivided shares before the fire, the building went through ...




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