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Appendix II: Domestic Properties - Diagramatic Illustration of HPA, SA and EUV (Two Flats) This web page briefly outlines the Urban Renewal Authority ("URA")'s principles in the acquisition of properties (other than Industrial Properties) from owners affected by URA's urban renewal projects. Occupation Status HPA SA Market Value 5 Owner-occupied Owner-occupied 100% 100% EUV(VP) EUV(VP) 6 Owner-occupied Partially Owner-occupied & Partially Tenanted 100% Owner-occupied portion: 100% Tenanted portion: 75% EUV(VP) EUV(VP) 7 Owner-occupied Wholly Tenanted 100% 50% EUV(VP) EUV(VP) 8 Partially Owner-occupied & Partially Tenanted Partially Owner-occupied & Partially Tenanted Owner-occupied portion: 100% Owner-occupied portion: 100% Tenanted portion: 75% Tenanted portion: 75% EUV(VP) EUV(VP) 9 Partially Owner-occupied & Partially Tenanted Wholly Tenanted Owner-occupied portion: 100% Tenanted portion: 75% 50% EUV(VP) EUV(VP) 10 Wholly Tenanted Wholly Tenanted 50% 25% EUV(VP) EUV(VP) 11 Vacant Vacant 50% 25% EUV(VP) EUV(VP) Abbreviations: HPA - Home Purchase Allowance SA - Supplementary Allowance EUV - Existing Use Value VP - Vacant Possession Other Related Topics: Acquisition policy ---------------------------------------------Domestic Properties Non-domestic Properties (Other than Industrial Properties) Seperate Roof Top Interest (Not ancillary to any Domestic/Non-Domestic Property) Buildings in Single Ownership Vacant Sites Other General Rules Examples - Domestic Properties Domestic Properties - Diagramatic Illustration of HPA, SA and EUV (One Flat) Domestic Properties - Diagramatic Illustration of HPA, SA and EUV (Two Flats) Domestic Properties - Diagramatic Illustration of HPA, SA and EUV (Three Flats) Industrial Properties (Only Applicable to Project H14 - Sai Wan Ho Street) Reimbursement of Surveyors' Fee Expression of Interest in Purchasing Arrangement This web page is issued for the purpose of general reference only. The information contained herein is with reference to the principles and practice of the Urban Renewal Authority prevailing at the date of issue of this web page. It shall not constitute any representation on the part of the Urban Renewal Authority or give rise to any expectation whatsoever and shall not be relied on as such. Each case will be considered on its own merits having regard to all factors and circumstances. The terms of acquisition to be offered are subject to the principles and practice of the Urban Renewal Authority prevailing at the time the offer of acquisition is made and are subject to review from time to time as the Urban Renewal Authority shall at its absolute discretion consider appropriate. The Urban Renewal Authority's right to add to, amend or delete the whole or any part of this web page is hereby reserved. March 2010 Email a Friend Print Page Disclaimer Privacy Policy Copyright ©2005 Urban Renewal Authority. All Rights Reserved. Best view with 800x600 resolution and Flash Player under Microsoft Internet Explorer 6.0 or above.