The Lands Department today (September 4) announced the resumption of land in Sai Ying Pun and Tai Kok Tsui for the implementation of two urban renewal development projects.
The two development projects were included in the Urban Renewal Authority's Business Plan for 2017-18. Their implementation will help improve the overall living environment of the areas.
One of the project sites is located at Sung Hing Lane/Kwai Heung Street in Sai Ying Pun. A total of 101 private property interests will be resumed under the Lands Resumption Ordinance (LRO). The project site, with an area of about 1 120 square metres, will be redeveloped for residential use with retail/commercial and ancillary facilities. An at-grade public open space will also be provided.
The other project site is located at Oak Street/Ivy Street in Tai Kok Tsui. A total of 64 private property interests will be resumed under the LRO. The project site, with an area of about 820 sq m, will be redeveloped for residential use with retail and ancillary facilities, including a one-storey basement carpark.
The affected interests will revert to the Government on the expiration of three months from the date on which the resumption notices are affixed on-site. Details of the private land affected were published by notices in the Government Gazette (Sung Hing Lane/Kwai Heung Street and Oak Street/Ivy Street) today.
Apart from statutory compensation, eligible owners of domestic properties will be offered an ex-gratia home purchase allowance or a supplementary allowance as appropriate. Eligible domestic tenants will be offered rehousing to public rental housing units provided by the Hong Kong Housing Authority or the Hong Kong Housing Society, or an ex-gratia cash allowance.
Eligible commercial property occupiers, including owners and tenants, may opt for an ex-gratia allowance in lieu of the right to claim statutory compensation for business and related losses.
If statutory claims made by the affected owners and tenants of both domestic and commercial properties under the LRO cannot be settled by agreement, the owners and tenants may apply to the Lands Tribunal for adjudication. Professional fees reasonably incurred by the claimants in making such claims may be reimbursed by the Government.
Ends/Friday, September 4, 2020
Issued at HKT 11:00
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