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Prosperity of oil is changing | Advocating that the remaining land area can be transferred in the future, it is more profitable than the integration of research and closure of streets in multiple blocks

2022-02-03T21:01:09.428Z


The "Yuwang Redevelopment Planning Study Report", which took four years to complete, has been released earlier. In an interview, the Executive Director of the URA, Wei Chi-shing, mentioned that in the future, more innovative methods should be used to improve the efficiency of urban renewal, including relocation of land.


The "Yuwang Redevelopment Planning Study Report", which took four years to complete, was released earlier. In an interview, URA Executive Director Wei Chi-shing mentioned that in the future urban redevelopment should improve efficiency through more innovative methods, including shifting the plot ratio, allowing Swap residential and non-residential plot ratios, integrate streets, etc.


He also advocated that in the future, it should refer to foreign experience and allow developers to buy and sell the remaining plot ratio through "middlemen", so that the development space of the site and the economic benefits can be greatly improved.

However, Wei Zhicheng emphasized that this model is not suitable for Hong Kong at the moment. Therefore, in the future large-scale redevelopment of Yauwang, the government will only use administrative means to designate "export plot ratio" sites and "receive plot ratio" sites. Private Market Reference.


URA Executive Director Wei Chi-shing suggested a new planning tool to increase the development density of the site by making use of the transfer of the plot ratio.

(Photo by Luo Junhao)

Wei Chi-shing revealed that when the URA and the government decide how to promote the redevelopment of Yau Mong, they will revise the Outline Zoning Plan (OZP) in the area. At that time, the public will know the key development areas in the area and which old buildings will be " Named" becomes the "receiving site", and which old buildings become the "sending site".

Among them, the "receiving site" can increase the plot ratio of the redevelopment development in the future. The additional plot ratio comes from the "sending site". These sites may be buildings that need to be conserved, or the sites are small in size and sandwiched between large housing estates or buildings. In the past, buildings that are difficult to integrate have not been fully developed, which means that there is a "surplus plot ratio" that can be sent to the receiving site to increase the development density and make the overall development benefit greater. Wei Zhicheng also pointed out that in the future, some The "offered site" can also be demolition and rezoned to open space to increase the open space in the area.

The research suggests that the scope of the "integrated block" development may include the Da Nan Street area.

(Legislative Council document)

Further reading:


The prosperity of oil is changing | The blueprint for the reconstruction of Bawenlou is exposed, and the landmark comprehensive development zone generates 20 billion income

Prosperity is changing | The speed of reconstruction cannot keep up with the aging of buildings, Wei Zhicheng advocates the establishment of financial and land reserves

Prosperity changes to the sky|Reconstruction of concentrated subdivided housing areas

However, Wei Zhicheng pointed out that the additional construction area of ​​the receiving site can be increased, up to 20%.

He also pointed out that, in fact, foreign countries also have agencies similar to "intermediaries" that can assist developers in buying and selling plot ratios. "Send", which are "receiving" sites, "If it is a site other than the government-designated site, the developer can try to apply for the transfer of the plot ratio through the existing process, but the success rate is high, and it really needs to be checked one by one."

Wei Zhicheng also mentioned the street integration plan. According to the latest concept map of the URA, it is recommended to build the area around Prince Cypress Street, Keelung Street, Tai Nan Street and Bai Yang Street, the area between Datong New Village in Dajiaozui and Zhonghui Building, Zhongying Building, Fuquan Street, Walnut Street, Tung Chau Street, Prince Edward Road West, Ngaland Street, Mong Kok Road, Portland Street, Pitt Street, Waterloo Road, Yau Ma Tei, Fortress Street, Temple Street, Jordan Road, etc., all have potential Integrate the extent of the block.

He also pointed out that the integration of blocks can avoid fragmented development, increase open space, and also calculate its plot ratio into the development site.

Wei Zhicheng also proposed that if the domestic and non-domestic plot ratios can be allowed during redevelopment, the residential area should be rezoned to "Other Specified Uses" and marked with "Mixed Use", and only the total plot ratio and the maximum residential plot ratio should be specified. Factors and the need to adjust the distribution of the plot ratio, the proportion of residential or commercial use can be adjusted at any time according to the situation.

For example, he pointed out that some development projects in the past have stipulated that the plot ratio of residential buildings is 7 times and that for non-domestic use is 2 times, that is, the total plot ratio is 9 times, but a floating ratio can be introduced in the future, that is, it can be increased or Adjust the residential plot ratio, such as 8.5:0.5 or 5.5:3.5, etc., but the overall plot ratio will not change.

▼Five development nodes of Youwang Research▼


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As for whether it will cause confusion if the government announces the designated "takeover site" and "send site" in the future. For example, the residents of subdivided apartments in the old buildings of the relevant sites may face problems such as forced evictions, and even attract speculators to "drop the nails" to rush to buy the old buildings. Building units will increase the difficulty of reconstruction. Wei Dicheng said that no matter when there are speculators in the old building market, it is not something that the URA needs to consider. ."

The URA intends to build a "multi-storey community activity centre" at the current site of the multi-storey car park in Yau Ma Tei.

(Provided by URA)

Oil Prosperity Changes the Sky|Reconstruction Blueprint of Bawen Building Reveals Landmark Comprehensive Development Zone, Generates 20 Billion Income On the aging of buildings, Wei Zhicheng advocates the establishment of financial and land reserves

Source: hk1

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