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The Lands Department today (October 16) announced the resumption of land for implementation of an urban renewal development project at Reclamation Street/Shantung Street in Mong Kok.
The development project was included in the Urban Renewal Authority's Business Plan for 2011-12. Its implementation will help improve the general environment of the locality and the living conditions of the residents.
A total of 173 private property interests at the project site at Reclamation Street/Shantung Street in Mong Kok will be resumed under the Lands Resumption Ordinance. The affected interests will revert to the Government three months from the date on which the resumption notice is affixed on-site. Details of the private land affected are published by notice in the Government Gazette (www.gld.gov.hk/egazette/pdf/20151942/egn201519428014.pdf) today.
Apart from their entitlement to statutory compensation, eligible owners of domestic properties will be offered an ex-gratia home purchase allowance or supplementary allowance as appropriate. Eligible domestic occupiers will be offered rehousing in Hong Kong Housing Authority or Hong Kong Housing Society units, or an ex-gratia cash allowance.
Eligible commercial property occupiers, including owners and tenants, may choose the ex-gratia allowance in lieu of the right to make statutory claims for business and related losses.
If affected owners and tenants of both domestic and commercial properties make statutory claims under the Lands Resumption Ordinance and if the claims are not settled by agreement, the owners and tenants may apply to the Lands Tribunal for adjudication. Professional fees reasonably incurred by the claimants for making such claims may be reimbursed by the Government.
Upon resumption and clearance, the site, with an area of about 1,640 square metres, will be redeveloped for residential use with retail and ancillary facilities and a basement car park.
Ends/Friday, October 16, 2015
Issued at HKT 15:04
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