Page 64 - Urban Renewal Authority 2023-24 Annual Report

CORPORATE SUSTAINABILITY

Highlight 5

Building Rehabilitation and the People

Sustainability Pillars ECONOMY I ENVIRONMENT I SOCIETY I PROCESS I PEOPLE

Building Rehabilitation
One of the URA’s missions is to encourage the maintenance and improvement of existing buildings with regards
to their structural stability, integrity of external finishes and fire safety. Apart from promoting and administering
various Government subsidy schemes to assist property owners in conducting repair and maintenance work, the
URA places great emphasis on addressing the needs of individual stakeholders and ensuring that their livelihoods
are not disrupted by the maintenance works.

Supporting Owners to Carry Out Repairs
The URA managed various building rehabilitation subsidy schemes that
total of 2,160 buildings to carry out rehabilitation works to address issues 2,160
provide financial assistance to eligible owners for repairing the common
areas of their buildings. Up to June 2024, the schemes have subsidised a
such as spalling concrete, fire safety installations upgrading works, leaking Number of buildings benefited
roofs, and worn-out items like fire-rated doors or metal windows.
Additionally, the subsidy also covers security systems or barrier-free from various subsidy schemes
access to improve the building’s safety and accessibility. with completed works and
improved conditions (up to
June 2024)
Getting Greener through Rehabilitation
Apart from repairs and improvements, the Common Area Repair Works
common area rehabilitation works through the Green Item Subsidy (GIS). 460
Subsidy (CAS) also supports flat owners and buildings to adopt
environmentally-friendly building materials and installations in their
In 2023/24, 89 buildings involving around 4,400 units made use of this Number of buildings that
subsidy to adopt VOC-free paint and other green products in their adopted green products in
rehabilitation works.
their rehabilitation by making
use of GIS since 2016
62