The URA says that the reconstruction of "Thirteenth Street" must first save money Yang Yongjie advocates issuing bonds: saving money means closing the gate

The redevelopment of "5th Street" and "13th Street" in To Kwawan is indefinite. URA Executive Director Wei Zhicheng said that the acquisition cost of the acquisition is 40 billion yuan, and the authorities must "save enough money" to carry out similar "super-giant projects".

Kowloon Central Legislative Council member Yang Yongjie said in a radio program today (15th) that "Thirteenth Street" has been proposed to be rebuilt since the 1990s. Most of the districts are three-none buildings, with poor living conditions and high maintenance costs. Residents are very concerned about energy efficiency. No rebuild.

He questioned that the URA's failure to carry out redevelopment on the grounds of "saving money" means that there will be no chance for redevelopment in the future, and suggested that the authorities should issue bonds for redevelopment.

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"Thirteenth Street" garage is difficult to relocate, and the threshold for forced auctions should be lowered

Wei Zhicheng mentioned earlier that the extent of damage to the redevelopment area of ​​Kowloon City is more serious than that of "5th Street" and "13th Street" in To Kwa Wan.

Yang Yongjie severely criticized Wei for "speaking big words", saying that the environment of the two districts is similar, and the buildings are similar in age.

He also pointed out that the restoration plan proposed by Wei Zhicheng is useless, because the old building in To Kwa Wan has no owners' corporation, and it is impossible to organize the restoration. He criticized the statement as deceiving the residents.

Yang Yongjie said that in the past, because To Kwa Wan was near the airport, buildings had height restrictions, and the plot ratio of "Thirteenth Street" had not been exhausted, emphasizing that the redevelopment project of To Kwa Wan was profitable.

He mentioned that "Thirteenth Street" occupies a large lot, and it is more difficult to relocate the garage. It is recommended to lower the threshold for forced auctions. For example, every two or three streets should be considered as one lot, which will make it easier for redevelopment projects to start.

To Kwa Wan 5th Street and 13th Street Redevelopment Timetable Indefinite URA: Is Helping Residents Rehabilitate Buildings To Kwa Wan 13th Street Redevelopment Indefinite?

Urban Renewal Authority: The acquisition requires 40 billion yuan to save enough money to sell the land plan｜Development Bureau Ning Hanhao: This quarter, the launch of 3 residential sites and the redevelopment of 3210 units of To Kwa Wan 5th Street and 13th Street will be more than Jordan's Pat Man Building Early Redevelopment URA proposes four ways to save money