(26 September 2025) The Urban Renewal Authority (URA) today issued acquisition offers to property owners affected by two redevelopment projects in To Kwa Wan, Kowloon City – Ming Lun Street / Ma Tau Kok Road Development Scheme (KC-018) and To Kwa Wan Road / Ma Tau Kok Road Development Scheme (KC-019).
Ming Lun Street / Ma Tau Kok Road Development Scheme (KC-018)
Eligible owner-occupiers of domestic properties of the KC-018 will be offered $13,891 per square foot of saleable area, which is the unit rate of a seven-year-old notional replacement flat situated in the same locality (Notional Unit Rate). In addition, eligible domestic owner-occupiers of KC-018 will be offered a purchase right of “Flat-for-Flat” unit in the future development to be constructed on the Project site of KC-018 as an additional option to cash compensation.
The Notional Unit Rate was determined in accordance with the existing acquisition policy established in 2001. The URA appointed seven independent consultancy firms selected by open ballot to assess the Notional Unit Rate for the acquisition offer. The assessments were conducted early this month to determine the Notional Unit Rate, which was subsequently approved by the Land, Rehousing and Compensation Committee of the URA Board.
The URA will issue acquisition offers to the owners of non-domestic properties in KC-018 and the owners of properties in the industrial buildings in KC-019 in accordance with the URA’s relevant prevailing acquisition policy.
To Kwa Wan Road / Ma Tau Kok Road Development Scheme (KC-019)
KC-018 and KC-019 cover 821 and 113 property interests respectively. All property owners will have 60 days to consider the URA’s offers. Under the URA’s existing policy, upon acceptance of offers by the owners and completion of the property acquisition, the URA will offer ex-gratia allowance for all eligible tenants. Eligible domestic tenants are also offered rehousing arrangements as an alternative.
The URA will arrange briefing sessions for the affected owners, residents and operators to explain the acquisition policy, ex-gratia allowance, and rehousing principles and arrangements. Meanwhile, a subject officer will be assigned to follow up on each case. If owners have any enquiries, they can contact their designated officers using the information provided in the acquisition offer letters. Appointed by the Urban Renewal Fund, a social service team staffed by professional social workers from Hong Kong Lutheran Social Service (Tel.: 3596 6850) will provide assistance to owners, tenants and operators in need.
