Page 45 - Urban Renewal Authority 2023-24 Annual Report

Redevelopment of Tai Hang Sai Estate (THSE) Chairman’s Statement
Following the Chief Executive’s 2020 Policy Address, the HKSHCL and URA signed a Memorandum of
Understanding in March 2021 to take forward the redevelopment of THSE. In September 2021, the Government
approved the joint redevelopment proposal of HKSHCL and URA on the condition that HKSHCL provides proper
rehousing arrangements for existing tenants. The redevelopment of THSE is being implemented in two portions,
namely Sites 1 and 2, which will respectively provide rehousing units for the existing residents and SH units to be
disposed of by the URA. The URA and the HKSHCL signed a “Project Implementation Agreement” in May 2023. Managing Director’s Statement

In June 2023, HKSHCL issued rehousing/compensation offers to existing THSE tenants. As at June 2024, over 98
percent of the tenants have moved out. Demolition works will commence after site clearance scheduled for early
2025. LandsD is currently processing the land grant application. A planning submission is being prepared to
accommodate changes in development parameters due to the adoption of Modular Integrated Construction.
The THSE Project will take approximately five years to complete after demolition.

Assisting Non-Governmental Organisations (NGOs) in Developing Transitional Housing
(TH)
In response to the Government’s invitation in the 2019 Policy Address to assist NGOs in developing TH units, the Operating Review
URA collaborated with Yan Oi Tong (YOT) to provide 410 units in the Yan Oi House project located in Hung Shui
Kiu. The project adopted the Modular Integrated Construction method with special designs to optimise natural
lighting and ventilation. The project was completed and handed over to YOT in the second quarter of 2023.

“Single Site, Multiple Use” Facilitation Scheme

Following the Government’s invitation in the 2019 Policy Address, the URA introduced the “Single Site, Multiple
Use” (SSMU) Facilitation Scheme to provide consultancy and facilitating services to Non-governmental Corporate Sustainability
Organisations (NGOs), with a view to helping NGOs optimise the potential of their sites through redevelopment
initiatives under the “SSMU” model.

From 2021 to May 2024, 29 NGOs made inquiries about the Facilitation Scheme and five applications were
received. The outcomes of these five applications are as follows:

Outcomes/Status of Reasons for No. of Location of
Assessments Decision Application(s) Application Site

Rejected Did not meet eligibility criteria 2 Yuen Long
Sha Tin Management Discussion and Analysis

No-go for the time being Infeasible upon assessment 2 Tuen Mun
Sham Shui Po

Ongoing To be confirmed 1 Yau Ma Tei Projects at a Glance

URA ANNUAL REPORT 2023-24 43 Corporate Governance