Hong Kong landlords to get choice between redevelopment and renovation in new bottom-up approach to urban regeneration
- Urban Renewal Authority to roll out pilot scheme for 250 blocks built more than 30 years ago in Sai Wan Ho
- Landlords to be invited to take part in study which officials say is fine-tuned version of previous demand-led model
Landlords of flats in older buildings on the eastern side of Hong Kong Island will be asked if they want their properties to be redeveloped, or just renovated, in a pilot scheme trying out a new bottom-up approach to urban regeneration.
The scheme covers some 250 blocks built more than 30 years ago in 24 hectares (59 acres) of land along Shau Kei Wan Road in Sai Wan Ho, according to the Urban Renewal Authority.
In a piece posted on his official blog on Sunday, the authority’s managing director Wai Chi-shing said letters would be sent to landlords in the area soon to invite them to join the exercise.
But there were no further details of the plan in the blog.
Apart from asking the owners about their views on tearing down their old blocks for redevelopment, the authority’s survey will, among other things, also look into the conditions of the blocks, whether there are subdivided flats, or whether owners’ corporations have been formed.
