Page 47 - URA Annual Report 2021-22

Cleared and Tendered Projects
The keen pursuit of project site clearance and tendering continued in 2021/22 to sustain achievements in delivering community benefits and flat supply. As of 30 June 2022, site clearance was completed for eight project sites, covering four Kowloon City projects (KC-009 to KC-012) at Bailey Street/Wing Kwong Street/Hung Fook Street/Ngan Hon Street/Kai Ming Street; Project C&W-005 at Sung Hing Lane/Kwai Heung Street, Project K7 DA 5 at Kwun Tong Town Centre, Project YTM-011 at Oak Street/Ivy Street and Project C&W-006 at Queen’s Road West/In Ku Lane. Five JV tenders were awarded for Project YTM-011 at Oak Street/Ivy Street, Project KC- 009 at Bailey Street/Wing Kwong Street, Project KC-010 at Hung Fook Street/Ngan Hon Street, Projects KC-011 & DL-8:KC and Projects KC-012 & KC-013 at Hung Fook Street/Kai Ming Street/Wing Kwong Street.
Responding to Redevelopment Request from Owners
Under the Urban Renewal Strategy, the URA may respond to a joint approach from building owners to initiate redevelopment of their buildings.
Demand-led Pilot Scheme
In 2021/22, a new approach to the Demand-led concept was piloted in the PPFS for Sai Wan Ho by way of an opinion survey conducted with owners in the study area to solicit views and aspirations on urban renewal. Their views and needs for redevelopment and building rehabilitation will be considered during the planning stage for formulation of projects under the integrated approach.
Facilitating Services Scheme
Members of the last Civil Servants’ Co-operative Building Society (CBS) of Shing Tak Street/Ma Tau Chung Road Project (CBS-1:KC) witness the dissolution of their CBS in June 2021 and obtain legal titles of their flats.
Through the Urban Redevelopment Facilitating Services Company Limited (URFSL), being a wholly-owned subsidiary of the URA, a facilitating services scheme has been running since 2011 to facilitate interested property owners in assembling titles for joint sale in the market. In 2021/22, one application proceeded to the joint sale stage and no bid was received. After conducting an internal review during the year, it was concluded that without changing the current application requirements, priorities should be given to sites that would be beneficial to the urban renewal process and that planning gains should be a major factor when selecting sites for future provision of the joint sale services.
URFSL continued to provide free facilitating services to members of undissolved CBS affected by URA’s projects to assist them in obtaining legal titles of their flats through dissolution of the CBS. After dissolution, the owners would have the capacity to sell their properties to URA and/or to receive resumption offers from the Government. In 2021/22, the only undissolved CBS at CBS-1:KC was dissolved successfully with assistance from URFSL. Nine undissolved CBS buildings at CBS-2:KC had been engaged and URFSL facilitated one of the engaged CBS buildings to cancel its CBS registration in May 2022. URFSL will continue the engagement work to facilitate dissolution for the remaining CBS buildings for smooth implementation of this project.
URA ANNUAL REPORT 2021-22 41
Operating Review Corporate Sustainability Management Discussion and Analysis Projects at a Glance Corporate Governance