Urban Renewal Authority

Listen to owners, says U.R.A. head

Victor So

The new head of the Urban Renewal Authority wants to take on more demand-led projects - those initiated by owners - and speed up acquisition of buildings for redevelopment in an effort to help meet soaring housing demand.

Saturday, 22 June, 2013, 4:18am

New URA boss looks into interim help for tenants of subdivided flats

Victor So

Short-term help for tenants of subdivided flats is on the agenda of the new chief of urban renewal as he acknowledged the "big social problem" the housing phenomenon posed.

Options being explored included providing interim housing to people who were ineligible for public flats, said a source close to the Urban Renewal Authority.

20 Jun 2013 - 4:19am

'Callous' career man Victor So takes helm of Urban Renewal Authority

Victor So Hing-who

A former Link Reit chief - a man a lawmaker has described as "callous and conservative" in their past dealings over housing - has been appointed to head the Urban Renewal Authority.

Victor So Hing-who, 66, a supporter of Chief Executive Leung Chun-ying, is to replace Barry Cheung Chun-yuen as authority chairman.

7 Jun 2013 - 11:30am

Police question three senior executives in HKMEx probe

Police are called to control a media scrum outside the home of HKMEx founder Barry Cheung in Repulse Bay. Photo: Nora Tam

The probe into the collapse of the Hong Kong Mercantile Exchange has widened, with police questioning three senior executives of the failed commodities agency. Meanwhile, government officials moved to shore up confidence in Leung Chun-ying's administration amid the growing controversy surrounding HKMEx founder Barry Cheung Chun-yuen, who was formerly his top aide.

26 May 2013 - 6:40am

New term for URA chief seen as reward

Barry Cheung Chun-yuen. Photo: Jonathan Wong

The government has come under fire for extending the tenure of Barry Cheung Chun-yuen as Urban Renewal Authority chairman beyond the "six-year rule".

The reappointment of Cheung, an executive councillor and supporter of Chief Executive Leung Chun-ying, was a "political reward", the Civic Party said.

27 Apr 2013 - 3:53am

Kai Tak flat-for-flat offer fails to excite

Displaced residents have the option of choosing a flat in the new development, or financial compensation. Photo: Felix Wong

The flat-for-flat scheme, set up in 2011, gives those displaced from old buildings the choice of a flat in the new development or nearby, or opt for financial compensation. The aim is to preserve long-standing communities.

26 Apr 2013 - 5:38am

Rooftop residents get special URA cash offer

A girl in her study corner in a rooftop hut on the block in Tung Chau Street. Photo: Felix Wong

The Urban Renewal Authority has stepped in and offered special cash subsidies to rooftop residents of a Sham Shui Po building who fought against eviction by a private landlord last month.

13 Apr 2013 - 5:38am

HK$700m conservation project lost in time

Movie director Fruit Chan Kuo is one of the city's creatives - including actor Chow Yun-fat - with offices in the shophouses. Photo: Thomas Yau

A plan to conserve a row of historic shophouses in Mong Kok's flower market has been delayed indefinitely, with the Urban Renewal Authority acquiring only half of the properties there.

8 Apr 2013 - 5:21am

Residents welcome URA plan to rip down Sham Shui Po block

Seventy-year-old Cheng Lung-ming, who has lived in the same subdivided flat on Tonkin Street for over 20 years, applied for public housing a few days ago. Photo: Dickson Lee

A crumbling, heavily subdivided corner block in Sham Shui Po, built more than 50 years ago, will be replaced with a 25-storey development by 2021 under plans announced by the Urban Renewal Authority yesterday.

9 Mar 2013 - 5:15am 1 comment

Business cut short at alleyway hairdresser

Feng Yan-ping took over the stall a decade ago. Photo: Dickson Lee

Feng Yan-ping operates a long-established, licensed hair salon stall in the alleyway right behind the blocks slated for redevelopment. Unluckily for her, the stall lies a few centimetres outside the official redevelopment area, so she gets no compensation even though her business is completely disrupted by the work.

9 Mar 2013 - 5:03am

Lift deterrent to use of industrial land, URA chief Barry Cheung says

Barry Cheung, an executive councillor, thinks the government should recognise the market value of rezoned sites. Photo: Jonathan Wong

A top aide of the chief executive has floated proposals to release industrial land more quickly for housing, including reducing the land premiums that site owners must pay for redevelopment.

19 Jan 2013 - 3:22am 1 comment

URA to spend HK$1.7b renovating Cheung Sha Wan factory from 1960s

The Urban Renewal Authority has announced a plan to turn a 10-storey industrial building in Cheung Sha Wan into a commercial building at a cost of HK$1.7 billion.

The URA said it expected to lose up to HK$500 million on the project, which it hopes to complete by 2019-20.

19 Jan 2013 - 3:11am

URA to redevelop Cheung Sha Wan industrial building

The URA's Joseph Lee, Director, Acquisition & Clearance - Industrial Buildings points to Wing Hong Factory Building, Yu Chau West Street in Cheung Sha Wan. Photo: Edward Wong

A 10-storey industrial building in Cheung Sha Wan will be redeveloped into a commercial building at a cost of HK$1.7 billion in the latest project of the Urban Renewal Authority.

18 Jan 2013 - 6:02pm

Ex-URA chief denies agreeing to Cheung Kong fee waiver

A former Urban Renewal Authority chairman says he has never heard any suggestion from Cheung Kong's No 2 man Victor Li Tzar-kuoi that the developer would be released from outstanding payments for The Center after paying HK$1.9 billion.

10 Jan 2013 - 4:34am

Developer should foot the bill: Urban Renewal Authority

The Center was built over a decade ago, in 1998. Photo: David Wong

A Cheung Kong unit agreed to pay for the resumption of land on which The Center was built, and the agreement is still in force, lawyers for the Urban Renewal Authority told a court yesterday.

9 Jan 2013 - 5:17am