Land resumption for urban renewal project in Mong Kok gazetted
**************************************************************
The project was included in the Urban Renewal Authority's Business Plan for 2020-21. The project site, with an area of about 2 796 square metres, will be redeveloped for residential use with retail/commercial facilities, as well as underground ancillary parking and loading/unloading facilities. A sunken plaza, a public open space and Government, Institution or Community facilities will also be provided within the site. Its implementation will help improve the overall living environment of the area.
A total of 177 private property interests at the project site will be resumed under the Lands Resumption Ordinance (Chapter 124). The affected interests will revert to the Government on the expiration of three months from the date on which the resumption notices are affixed on-site. Details of the private land affected were published by notice in the Gazette today.
Apart from statutory compensation, eligible owners of domestic properties will also be offered an ex-gratia home purchase allowance or a supplementary allowance as appropriate. Eligible domestic tenants will be offered rehousing or an ex-gratia allowance.
Eligible commercial property occupiers, including owners and tenants, may opt for an ex-gratia allowance in lieu of the right to claim statutory compensation for business and related losses.
If statutory claims made by the affected owners and tenants of both domestic and commercial properties under the Lands Resumption Ordinance cannot be settled by agreement, the owners and tenants may apply to the Lands Tribunal for adjudication. Professional fees reasonably incurred by the claimants in making such claims may be reimbursed by the Government.
Ends/Friday, December 9, 2022
Issued at HKT 10:50
Issued at HKT 10:50
NNNN