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  • August 20, 2014
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  1. Property - Hong Kong & China - REDEVELOPMENT

    URA offers Hong Kong developers concessions in Kwun Tong redevelopment

    Posted Aug 06th 2014, 04:43am by Sandy Li, Yvonne Liu

    ... Sandy Li and Yvonne Liu sandy.li@scmp.com URA eases Kwun Tong project terms The Urban Renewal Authority (URA) has offered a series of concessions- including dropping the HK$8 billion ... the estimated original investment cost of HK$18 billion. The URA revised the terms and requirements for the proposed development, a week after the authority withdrew the tender because the bids failed ...

  2. Property - Hong Kong & China

    URA gets bids for Kwun Tong project which could net HK$18b investment

    Posted Jul 16th 2014, 01:16am by Sandy Li and Yvonne Liu

    ... Sandy Li and Yvonne Liu Four bids received for URA's Kwun Tong project Four of the 10 developers invited to tender by the Urban Renewal Authority (URA) have submitted bids for its Kwun Tong redevelopment project, which could see an estimated investment of HK$18 billion. The bidders for the URA's biggest project include Sun Hung Kai Properties, Henderson Land ...

  3. News - Hong Kong - REDEVELOPMENT

    East Kowloon urban renewal plan sees bids fail

    Posted Jul 30th 2014, 04:38am by FANNY FUNG

    ... Fanny W. Y. Fung fanny.fung@scmp.com All four developers in line for East Kowloon project had proposals rejected by the URA Key urban renewal plan sees bids fail The Urban Renewal ... a board meeting yesterday, the URA announced that the 10 developers would be invited to submit proposals again based on new terms yet to be released. One of the major reasons behind the failed ...

  4. News - Hong Kong - DEVELOPMENT

    URA set to think big after rare deficit

    Posted Jun 18th 2014, 02:54am by Olga Wong

    ... Olga Wong olga.wong@scmp.com Authority lost HK$2.3b for the last financial year- and sources say a focus on large-scale redevelopments may help it fight back URA set to think big after ... for the last financial year. The URA said the deficit was mainly due to the delay in tendering for four projects amid resistance from property owners, and provisions for losses on five projects ...

  5. Property - International - SINGAPORE

    Singapore July home sales steady as curbs damp demand

    Posted Aug 20th 2014, 05:21am by BLOOM

    ... streak in five years, the URA said last month. "There were barely any suburban projects launched as developers seem to be waiting to test demand," said Nicholas Mak, an executive ... according to the URA. JU-I Properties started selling its condominium project with 11 out of 120 units sold, the data showed. Under the current new loan framework, mortgages should not push ...

  6. News - Hong Kong - DEVELOPMENT

    Kwun Tong alley shopkeepers stand their ground against URA

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

    ... Joyce Ng joyce.ng@scmp.com Kwun Tong alley business owners won't make way for project despite offers of compensation Ousted shopkeepers stand their ground against URA Three months before a deadline to move out, 28 small businesses in a Kwun Tong alley stand in the way of the Urban Renewal Authority's biggest project ever. The businesses, in their makeshift shops ...

  7. News - Hong Kong - TOWN PLANNING

    Loss-making URA may scale down involvement in small projects

    Posted May 22nd 2014, 03:53am by Olga Wong

    ... Olga Wong olga.wong@scmp.com Faced with HK$3 billion in losses, URA is having second thoughts about redevelopment scheme Door may be shut on small projects It may be left to the private ... books, the authority is considering scaling down its commitment to loss-making projects under a scheme in which it develops sites at the request of owners, an ad hoc URA committee heard ...

  8. 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

    ... Olga Wong olga.wong@scmp.com Prospects of a lawsuit may be getting in the way of compensation for To Kwa Wan landlady Owner of collapsed block 'won't get URA payout' ... it emerged yesterday. Chak Oi-luen, owner of 45J on Ma Tau Wai Road, was instead likely to obtain a payout from the government, which took over the land resumption from the URA, a source said. ...

  9. News - Hong Kong

    City Digest, October 30, 2012

    Posted Oct 30th 2012, 12:00am

    ... to stealing food from Apita supermarket, Taikoo Shing, and two T-shirts from Marks & Spencer. URA offers HK$10,323 a sq ft in Kowloon City The Urban Renewal Authority is offering up to a record ...

  10. News - Hong Kong - DEVELOPMENT

    Evicted father threatens to jump

    Posted Jun 13th 2014, 04:48am by Olga Wong

    ... Olga Wong olga.wong@scmp.com Family of five failed to agree compensation with URA for loss of flat Evicted father threatens to jump A father threatened to leap from his family's ... of tenements in Hai Tan Street, Sham Shui Po, to make way for a URA redevelopment announced in 2006. The dispute continued even after the government resumed ownership of the site in 2011. Three other ...




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