The URA recently submitted a document to the Legislative Council on the redevelopment of Yau Wang. The government stated that it expects to announce the first batch of rezoning proposals next year.
Secretary for Development Wong Wai-lun said after attending an event today (25) that the URA will take time to implement the plan because it involves outline zoning plans.
He also said that this time the new rules and standards are proposed for other urban participants to use, and they may be applied to other old districts in the future.
The Secretary for Development, Wong Wai Lun, stated that the URA provides good advice to the government on policy directions, including plot ratio transfer and street consolidation. However, due to the outline zoning plan involved, the implementation of the plan involves certain procedures and time: and the URA recommends The "development node" of the company also takes a certain amount of time to implement.
He also said that the URA cannot complete the community renewal in Yauwang District alone because it involves too many resources.
He hopes that the new rules and standards proposed this time can be used by other participants in the market and can be applied to buildings in other old districts in the future.
The URA started to study the planning of the Yau Ma Tei and Mong Kok areas in 2017. According to the latest Yau Mong Redevelopment Planning Research Report, it is recommended that the area of 212 hectares be divided into 5 major development nodes; and it is recommended that the plots of restricted land can be transferred Ratios to other sites can also be used to "close streets" or "kill streets" to integrate small blocks into larger development sites.
Secretary for Development Wong Wai Lun.
(Photo by Zhang Jiamin)
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