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  • September 24, 2014
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  1. News - Hong Kong - DEVELOPMENT

    URA's plan to revitalise old flats in To Kwa Wan falls through

    Posted Sep 09th 2014, 03:23am by Olga Wong

    ... Olga Wong olga.wong@scmp.com Authority fails to win sufficient support from the owners to redevelop ageing buildings To Kwa Wan flats project collapses A demand-led redevelopment project in To Kwa Wan fell apart yesterday after the Urban Renewal Authority ...

  2. Property - Hong Kong & China - DEVELOPMENT

    More bidders for big Kwun Tong redevelopment after URA eases terms

    Posted Aug 26th 2014, 11:41pm by Yvonne Liu

    ... Yvonne Liu yvonne.liu@scmp.com Requirement for minimum HK$8 billion tender scrapped after earlier auction had to be aborted Easier terms see more bids for Kwun Tong URA site The Urban Renewal Authority (URA) succeeded in attracting more bidders for the latest phase of its biggest redevelopment project after it relaxed the terms for the sale of the land following an aborted ...

  3. 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 ...

  4. News - Hong Kong - DEVELOPMENT

    Consortium of Sino Land, Chinese Estates Holdings wins deal to redevelop Kwun Tong

    Posted Sep 02nd 2014, 04:03am by Sandy Li

    ... The successful tender follows an earlier aborted exercise, after which the URA relaxed the terms for sale of the land. The project's 1,700 flats will help the government meet its annual target of 20,000 flats, said Alvin Lam, a director at Midland Surveyors. Lam said it was difficult to estimate the total investment cost as it involved profit-sharing with the URA and requirements ...

  5. 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 ...

  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 - 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. ...

  8. 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 ...

  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 - 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 ...




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