Apr 23, 2012
(SCMP)
A new "demand-led" programme for redeveloping run-down buildings has selected its first three sites, the Urban Renewal Authority (URA) says.
The three old buildings-one in Tai Kok Tsui and two in Sham Shui Po-met the programme's criteria including the support of at least 67% of owners.
At least 80% of owners must agree before the projects can proceed. There are 226 property interests involved in the three sites that have been accepted and they are home to around 290 households.
