ebulletin

June 10, 2025
2 sites granted to URA

The HKSAR Government announced that a site at Bailey Street, Hung Hom, and a site in Tseung Kwan O Area 137 are granted to the Urban Renewal Authority (URA) by private treaty at a nominal premium of $1,000. The two sites to be rezoned for residential use will be granted for 50 years from the date of execution through statutory town planning procedures in due course.

Secretary for Development Bernadette Linn said the URA has been adopting a district-based approach in planning and taking forward redevelopment projects over the past years to avoid “pencil” block development, inject holistic planning into urban redevelopment, and enhance liveability.

Ms Linn added that the granting of the two sites to the URA could also benefit the community. Specifically, the Bailey Street Site can create synergy with the URA's cluster of redevelopment projects in the Kowloon City area.
As for the Tseung Kwan O Site, the original housing development of which has been deferred due to reprioritisation of the Housing Authority's projects, granting the site would optimise the use of the land resources in a timely manner.

The Bailey Street site

Granting the Bailey Street Site, with a net site area of 7,610 sq m, could result in optimised land use and enhanced planning gains for the area by accommodating G/IC facilities to meet the district shortfall. The proposed total gross floor area will be about 68,490 sq m.

The Tseung Kwan O Site has a net site area of about 9.15 hectares. The proposed total gross floor area is about 713,700 sq m. While the residential site concerned was reserved for public housing development, having considered the reprioritisation of the Housing Authority's projects and with sufficient land supply for public housing over the next 10 years. Furthermore, there are still about 42 ha of land reserved for housing development in Tseung Kwan O Area 137.