• Mon
  • Apr 21, 2014
  • Updated: 8:27pm


Upgraders left out in the housing cold

A turning point could come for the property market in 2015 with expectations of a significant increase in new housing supply at that time. That will no doubt be good news for first-time homebuyers but less encouraging for people aiming to move out of their existing flats into bigger properties.

Tuesday, 26 March, 2013, 5:26am

Dying Kwun Tong town centre awaits revival

Yue Man Square, which was once the bustling heart of Kwun Tong, lies half empty after the original businesses moved out and the Urban Renewal Authority was unable to re-let their units temporarily - because of illegal structures.

16 Mar 2013 - 5:13am

Kwun Tong alley 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 in Yan Shun Lane, are among the last holdouts in the Kwun Tong town centre redevelopment area.

16 Mar 2013 - 6:53am 1 comment

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

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, it emerged yesterday.

12 Jan 2013 - 3:12am

URA may change consensus threshold after single holdout threatens project

The Urban Renewal Authority will review the threshold set for demand-led redevelopment projects after a pilot project in Tai Kok Tsui, Kowloon, faced being derailed by an owner refusing to sell his shop.

22 Dec 2012 - 4:11am 1 comment

City Digest, October 30, 2012

C Y moves in after HK$4.9m renovation

30 Oct 2012 - 2:51am

Smaller property players call for sale of carved-up sites

With half of the city's new flats supplied by a few major developers, small to medium-sized property companies want more small plots auctioned off to help them compete against their bigger rivals.

3 Oct 2012 - 1:54am

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

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.

4 Sep 2012 - 2:40am

One of URA's priorities is helping disadvantaged residents

It is simply inaccurate and grossly unfair of T. Farnworth ('HK-style urban renewal robs poor residents', April 7) to describe the Urban Renewal Authority's compensation policy as akin to robbing the disadvantaged. Let's look at a few facts.

14 Apr 2009 - 12:00am

URA acquires 66pc of Kwun Tong properties

The Urban Renewal Authority had acquired 1,088 property interests, or about 66 per cent, for its Kwun Tong Town Centre project when the 90-day offer period ended yesterday. The authority's director of acquisitions and clearance, Joseph Lee King-chi, said the acquisition rate was encouraging and the authority would continue negotiations on a case-by-case basis.

31 Mar 2009 - 12:00am