URA To Build 300 Private Flats In Mong Kok
"); jQuery("#212 h3").html("

"); jQuery(document).ready(function() { jwplayer.key='EKOtdBrvhiKxeOU807UIF56TaHWapYjKnFiG7ipl3gw='; var playerInstance = jwplayer("jquery_jwplayer_1"); playerInstance.setup({ file: "https://newsstatic.rthk.hk/audios/mfile_1555088_1_20201016180830.mp3", skin: { url: location.href.split('/', 4).join('/') + '/jwplayer/skin/rthk/five.css', name: 'five' }, hlshtml: true, width: "100%", height: 30, wmode: 'transparent', primary: navigator.userAgent.indexOf("Trident")>-1 ? "flash" : "html5", events: { onPlay: function(event) { dcsMultiTrack('DCS.dcsuri', 'https://news.rthk.hk/rthk/en/component/k2/1555088-20201016.mp3', 'WT.ti', ' Audio at newsfeed', 'WT.cg_n', '#rthknews', 'WT.cg_s', 'Multimedia','WT.es','https://news.rthk.hk/rthk/en/component/k2/1555088-20201016.htm', 'DCS.dcsqry', '' ); } } }); }); });
2020-10-16 HKT 13:13
The Urban Renewal Authority has launched a 10-year re-development project in Mong Kok to build 300 small and medium-sized private flats on Thistle Street and Shantung Street.
Lawrence Mak, the authority’s general manager for planning and design, said on Friday that they want to restructure the neighbourhood, where the oldest buildings date back to 1958.
"There are... issues about the existing buildings. Of course some are of relatively poor building conditions," Mak said.
The authority said an estimated 170 property owners and 280 households – some living in subdivided flats – would be compensated or rehoused if the plan gets approval from the Chief Executive and the Executive Council.
The flats are expected to be about 450 square feet in size, while two areas of more than 2,000 square metres will be reserved for community and commercial use.
Mak said the project will also make the neighbourhood more liveable by revamping a garden on Thistle Street.
"The Thistle Street rest garden is surrounded by a lot of buildings, so by opening up the garden towards the corner of Shantung Street and Thistle Street, we think we could greatly improve the environment," he said.
A 200-square-metre plaza will also be built to connect the garden and shops nearby.
Ant Internationals Ant Bank And Bettr Selected For Hong Kongs GenAI Sandbox++
Digital bank Ant Bank and embedded financial solutions provider Bettr have been selected to participate in Hong Kong’... Read more
Visa And BOCHK Tapped For Hong Kong AI Sandbox To Test Agent-Initiated Commerce
Visa has announced that it is partnering with Bank of China (Hong Kong) (BOCHK) in the GenA.I. Sandbox++. With the Visa... Read more
Hong Kong Regulators Pick 36 Agentic AI Use Cases For GenA.I. Sandbox++
The Hong Kong Monetary Authority (HKMA), the Securities and Futures Commission (SFC), the Insurance Authority (IA), and... Read more
Finloop And Yunfeng Financial Become Latest Anchorpoint Authorised Distributors
Finloop and Yunfeng Financial have joined Anchorpoint’s HKDAP stablecoin beta access programme as authorised distribu... Read more
Standard Chartered Becomes First Bank To Distribute HKDAP Stablecoin
Standard Chartered Bank (Hong Kong) Limited (SCBHK) has become the first bank distributor of HKDAP, the Hong Kong dolla... Read more
Lianlian DigiTech Profit Doubles In H12026, Agent Wallet Pushes To Address Payment Needs
Lianlian DigiTech Co., Ltd, a payment service provider headquartered in China, reported its interim results for the fir... Read more