Redevelopment provides opportunities for replacing dilapidated buildings with modern ones that meet present living standards, so as to improve the residents' living environment and the cityscape.
Rehabilitation helps slow down the pace of urban decay. Owners can effectively undertake building maintenance works through various assistance schemes, and the community network is retained.
Heritage Preservation and Revitalisation
The URA should preserve heritage buildings and retain the historical characteristics of different districts if such preservation forms part of its urban renewal projects, and revitalise old districts with new initiatives.