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About URA |
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Vision & Mission |
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Board & Committees |
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Public Accountability |
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Working with the
Community |
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Performance Pledge |
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Organisation Structure |
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Corporate Information |
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Strategy & Planning |
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Urban Renewal Strategy |
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Corporate Plan |
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4Rs Approach |
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Redevelopment |
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Rehabilitation |
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We Can Help! |
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Building Rehabilitation
Materials Incentive Scheme |
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Building Rehabilitation
Loan Scheme |
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Third Party Risks
Insurance Subsidy |
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Better Mortgage Loan Scheme |
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Projects |
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Rehabilitation Links |
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Comments & Enquiries |
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FAQ |
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Revitalisation |
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pReservation |
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All Projects By Districts |
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Compensation & Re-housing |
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Acquisition Policy |
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Re-housing & Ex-gratia
Payment Policies |
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Maintenance Cost
Reimbursement Scheme |
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FAQ |
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News & Notices |
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News |
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Notices |
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Community Activities |
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FAQ |
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Enter the Apple |
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URA Activities |
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URA Zoom |
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4Rs Game |
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Question 7 : What are the guidelines for the URA's property acquisition? |
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Answer : The acquisition policy adopted by the URA is based on the revised Home Purchase Allowance (HPA) and the ex-gratia payments for non-domestic owners approved by the Finance Committee of Legislative Council in March 2001. Owner-occupiers of domestic properties will be offered the market value of the property plus a HPA, the assessment of which is based on a notional seven-year-old flat. Owners of commercial properties will be offered the market value of the property and an ex-gratia allowance.
Please refer to the URA's acquisition policy for domestic and non-domestic owners for details. |
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| Last Update at :
05/03/2008 |
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