The Lands Department today announced the resumption of two sites in Sham Shui Po for the implementation of an Urban Renewal Authority demand-led redevelopment project. The first plot is on Kowloon Road and Kiu Yam Street with an area of 599 square metres, involving 79 private property interests. The second plot is on Tung Chau Street and Kweilin Street with an area of 1,640 square metres, involving 171 private property interests.
The sites will be made residential developments with retail and ancillary facilities, including car parks. The affected interests will revert to the Government three months from the date on which the resumption notice is affixed on-site. Apart from their entitlement to statutory compensation, eligible domestic property owners will be offered an ex-gratia home purchase allowance or supplementary allowance.
Eligible domestic occupiers will be offered rehousing or an ex-gratia cash allowance. Eligible commercial property occupiers can choose ex-gratia allowance in lieu of the right to make statutory claims for business and related losses. Affected owners and tenants of both domestic and commercial properties can make statutory claims.