Page 20 - URA Annual Report 2020-21

OPERATING HIGHLIGHTS
(Figures are up to 30 June 2021, unless specified otherwise)
REGENERATING OUR URBAN DISTRICTS
1,543
Dilapidated building blocks redeveloped or to be redeveloped
72 Projects have been undertaken since the establishment of URA in 2001 218,000m2 Urban area improved
24,200
New flats
29,000 m2 Open space
65,000 m2
Government, Institution or Community facilities
35,000
Residents benefitting from projects
Around
4,500
Building blocks rehabilitated or undergoing rehabilitation with various assistance schemes
Redevelopment:
Rehabilitation:
In addition to various assistance schemes, the New Strategy on Building Rehabilitation has formulated a comprehensive rehabilitation strategy that maps out plans for the promotion of preventive maintenance through collaboration with various stakeholders. Owners are also encouraged to conduct regular inspections and preventive maintenance for their buildings at a young age, so as to slow down urban decay.
Through the strategic study of Yau Mong District and other Preliminary Project Feasibility Studies, sites with development potential are identified for regeneration through restructuring and replanning under a holistic approach, with an aim to optimise land use for increasing housing supply, improving living environment, providing more urban green spaces and enhancing district connectivity.
16 URA ANNUAL REPORT 2020-21