Press Releases

2 Mar 2026

URA Undertakes Preliminary Works for Two Projects, Leveraging Strengths with the Market to Expedite Redevelopment

To accelerate urban renewal, the Urban Renewal Authority (URA) has kick-started a series of preliminary works for Kai Tak Road / Sa Po Road Development Scheme (KC-015) in Kowloon City and the final phase of the Kwun Tong Town Centre 2.0 Development (KTTC 2.0), removing uncertainties associated with these early-stage works.  This significantly reduces the time developers would otherwise need to spend on related works once they take over the site, thus enabling them to concentrate their resources on building design and construction.  Through this collaborative approach, the URA and developers leverage their respective strengths and resources to expedite urban renewal and bring benefits to the neighbouring communities as early as possible. The URA is currently adopting a self-development a
25 Feb 2026

Responses by URA to the 2026-27 Budget

The Financial Secretary announced in his 2026-27 Budget, which was released today (25 February 2026), that to reduce the risk of bid-rigging in building repair works, the Government will allocate HK$300 million to the Urban Renewal Authority (URA) to facilitate the launch of an enhanced version of “Smart Tender”, and provide subsidies to owners to utilise the paid services of “Smart Tender” to organise building maintenance works.  In response, a URA spokesperson said: “The URA expresses its gratitude to the Government for the funding allocation, which will provide a solid foundation for our preparations and enable us to launch the enhanced ‘Smart Tender’ service in the second half of this year as planned.  We are currently finalising the specific arrangements and implementation details

9 Feb 2026

URA Sets Up Dedicated Hotline to Handle Enquiries from Wang Fuk Court Owners on the Release of OBB 2.0 Subsidy by Cheque

The Urban Renewal Authority (URA) has arranged cheques for Operation Building Bright 2.0 (OBB 2.0) subsidies payable to owner-occupier or elderly owner-occupier of Wang Fuk Court, based on the information provided in their application forms. These cheques have been delivered to Hop On Management Company Limited (Hop On), the appointed administrator for Wang Fuk Court, for onward distribution to individual owners. The URA emphasises that the recipient of the subsidy must be an eligible owner under OBB 2.0 or their legal heir. The URA has been recently notified by Hop On that it has received enquiries from some Wang Fuk Court owners regarding the cheques. Following discussions with Hop On, the URA has set up a dedicated hotline today (9 February 2026) to directly address related enquiries
7 Feb 2026

URA & GDCD Association Co-organise Inclusive Sports & CNY Festive Event “Yue Man Hops” to Foster Community Ties and Vibrancy of Kwun Tong Town Centre

The GDCD Association and the Urban Renewal Authority (URA) are hosting “Yue Man Hops” (the Event), an event that combines inclusive sports experiences with a Chinese New Year (CNY) market.  Taking place from 7 to 8 February 2026 (Saturday to Sunday) at the Free Space and Triangular Piazza in YM², Kwun Tong,  the Event aims to enhance public awareness of para-sports and convey the athletes’ perseverance and indomitable spirit. It also seeks to encourage multi-party collaboration among district stakeholders to boost the vibrancy of the Kwun Tong Town Centre while fostering a thriving local business environment. The kick-off ceremony for the Event, held today (7 February 2026), was officiated by Mr David Lam, Under Secretary for Development; the Hon Vincent Cheng, Chairman of the Executive
27 Jan 2026

Award Presentation Ceremony as the Finale for the “Urban Renewal Design Ideas Competition – The District Study for Yau Ma Tei and Mong Kok” Showcases Cross-disciplinary Professional Teams Creativity in Building a Livable City

The Award Presentation Ceremony for the “Urban Renewal Design Ideas Competition - The District Study for Yau Ma Tei and Mong Kok”, jointly organised by the Urban Renewal Authority (URA) and The Hong Kong Institute of Architects (HKIA), was successfully held this evening (27 January 2026) at Central Market.  The event brought together over 100 industry professionals to celebrate the winning entries.  The award-winners shared how multidisciplinary collaboration, combined with professional expertise, experience and creativity, can translate the Master Renewal Concept Plans (MRCP) set out in the URA’s District Study for Yau Ma Tei and Mong Kok (YMDS) into feasible urban and architectural designs through the use of new planning tools. Based on the YMDS, the competition required participants

23 Jan 2026

URA Welcomes the Government’s Resumption of Land at Kau Pui Lung Road / Chi Kiang Street in Kowloon City

The Urban Renewal Authority (URA) welcomes the Government’s resumption of land at Kau Pui Lung Road / Chi Kiang Street in Kowloon City under the Lands Resumption Ordinance for the implementation of URA’s Kau Pui Lung Road / Chi Kiang Street Development Scheme in Kowloon City (CBS-2:KC / the Project). In response to the Policy Address 2018 and 2019 by the Chief Executive, the URA identified one or two clusters of Civil Servants’ Co-operative Building Society (CBS) Scheme sites suitable for high-density development as pilot sites to increase housing supply by full utilising their development potential.  In May 2020, the URA announced the commencement of the two CBS pilot projects: the Shing Tak Street / Ma Tau Chung Road Development Project and CBS-2:KC. To facilitate the smooth implem

Year 2026

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