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  1. Property - Hong Kong & China - REDEVELOPMENT

    New stamp duty may lead to fewer old buildings being redeveloped

    Posted Mar 04th 2014, 02:32pm by Yvonne Liu

    ... Yvonne Liu yvonne.liu@scmp.com After 72pc drop in purchases by developers last year, sector expects a further drop in such deals High duties hit redevelopment of old buildings The imposition of extra stamp duties, which caused a 72 per cent drop last year in developers' purchases of old buildings for redevelopment, will continue to affect the sector this year, property ...

    http://www.scmp.com/property/hong-kong-china/article/1440058/new-stamp-duty-may-lead-fewer-old-buildings-being
  2. Property - Hong Kong & China - REDEVELOPMENT

    Popular pub out as Hysan redevelops Causeway Bay's Sunning Plaza

    Posted May 01st 2013, 12:00am by Sandy Li

    ... Hysan announced its plan to raze the office building and adjacent Sunning Court and to redevelop the site into an office and retail complex, expected to be completed by 2018. "We just ... down for redevelopment. A Da Domenico employee said it would be a challenge to find alternative space in the area. "But this is Hong Kong and we have no choice," he said. Mortgage ...

    http://www.scmp.com/property/hong-kong-china/article/1226925/popular-pub-out-hysan-redevelops-causeway-bays-sunning
  3. Comment - Insight & Opinion

    Redeveloping civil servants' co-op estates needs active consideration

    Posted Feb 03rd 2013, 12:00am by STAFF

    ... or another. There are 238 co-operative housing estates built for civil servants that are decades old. Of these, only 11 have been redeveloped. It's estimated they could provide 963,000 square metres of domestic gross floor area if they were all redeveloped, yielding more than 19,000 flats of 500 sq ft. Many have high vacancy rates, with flats left unoccupied for years. That's why ...

    http://www.scmp.com/comment/insight-opinion/article/1142003/redeveloping-civil-servants-co-op-estates-needs-active
  4. Business - Property - PROPERTY

    High-rise ruling swells costs

    Posted May 14th 2013, 12:00am by Patsy Moy, Yvonne Liu

    ... would affect the evaluation of land premium]." He said it would probably be at least HK$5,000 per square foot. Chan expects developers to put redevelopments of old buildings on hold and suspend acquisitions of these buildings if the sites are subject to such leases. A property consultant said: "There are a number of redevelopment projects in Kowloon City that have been put ...

    http://www.scmp.com/business/article/1237167/high-rise-ruling-swells-costs
  5. News - Hong Kong - DEVELOPMENT

    Kwun Tong alley shopkeepers stand their ground against URA

    Posted Mar 16th 2013, 12:00am by Joyce Ng

    ... in Yan Shun Lane, are among the last holdouts in the Kwun Tong town centre redevelopment area. Their negotiations with the authority are in a stalemate after they rejected an offer of help ...

    http://www.scmp.com/news/hong-kong/article/1191776/kwun-tong-alley-shopkeepers-stand-their-ground-against-ura
  6. News - Hong Kong - REDEVELOPMENT

    Owner of collapsed To Kwa Wan block 'won't get URA payout'

    Posted Jan 12th 2013, 12:00am by Olga Wong

    ... The owner of a To Kwa Wan tenement building that collapsed in 2010, killing four people, has failed to get any compensation from the Urban Renewal Authority over redevelopment of the area, ... The Development Bureau declined to confirm this. Chak has been seeking her share of the redevelopment compensation since the authority offered affected flat owners a record acquisition price of HK$9,785 ...

    http://www.scmp.com/news/hong-kong/article/1125790/owner-collapsed-kwa-wan-block-wont-get-ura-payout
  7. Sensible approach to redevelopment

    Posted Apr 24th 2012, 12:00am

    ... In Hong Kong, urban redevelopment evokes the images of haphazard, insensitive and profit-oriented business ventures. With meagre compensation, residents in run-down buildings are often ... Following a flat-for-flat compensation approach in a Ma Tau Wai project last month, the Urban Renewal Authority announced three projects under the first 'demand-led' redevelopment scheme, ...

    http://www.scmp.com/article/999070/sensible-approach-redevelopment
  8. Business - BRICKS & MORTAR

    Shape of neighbourhoods to come

    Posted Dec 18th 2012, 12:00am by Yvonne Liu

    ... and creativity. You can stumble on many interesting local stores that you'd never find in a shopping mall. Still, the city's vibrant street life has been losing out to redevelopment projects ...

    http://www.scmp.com/business/article/1107270/shape-neighbourhoods-come
  9. News - Hong Kong - REDEVELOPMENT

    New health facilities and footbridge to be built in Kwun Tong

    Posted Nov 21st 2012, 12:00am by Ada Lee

    ... link and health centre will be provided in Kwun Tong under a redevelopment project now under way, say officials. The HK$95 million footbridge and HK$105 million health centre were designed ... Department, said the 1,087 square metre medical centre would replace the Jockey Club Health Centre at Yue Man Square, which will make way for redevelopment of the square, but would have enhanced ...

    http://www.scmp.com/news/hong-kong/article/1086893/new-health-facilities-and-footbridge-be-built-kwun-tong
  10. Comment - Letters

    Reclamation outside harbour must be considered

    Posted Sep 11th 2012, 12:00am by LETTERS

    ... supported or indicated no objection to enhancing land supply using a multi-pronged approach, which includes reclamation outside Victoria Harbour, re-zoning, redevelopment, resumption of land, rock ...

    http://www.scmp.com/comment/letters/article/1033666/reclamation-outside-harbour-must-be-considered

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