The Lands Department today announced the resumption of land in To Kwa Wan for redevelopment.
The land, located at Chun Tin Street/Sung Chi Street, Bailey Street/Wing Kwong Street, Hung Fook Street/Ngan Hon Street, Hung Fook Street/Kai Ming Street, Wing Kwong Street and Kai Ming Street/Wing Kwong Street, will be redeveloped into six urban renewal projects.
The projects were included in the Urban Renewal Authority’s Business Plans for 2015-16 and 2016-17.
There are 1,809 private property interests. They will revert to the Government three months from the date on which the resumption notice is affixed on-site.
Eligible domestic property owners will, apart from statutory compensation, be offered an ex-gratia home purchase allowance or supplementary allowance. Eligible domestic tenants will be offered rehousing to public rental housing units or an ex-gratia cash allowance.
For eligible commercial property occupiers, they may choose an ex-gratia allowance in lieu of the right to claim statutory compensation for business and related losses.