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Redevelopment

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Pine Street / Oak Street Project (DL-3:YTM) (Demand-Led Redevelopment Project)

Location
13-31 Pine Street (odd numbers) and 87 Oak Street, Tai Kok Tsui
Area
About 865 square meters
Affected buildings
11 street numbers of buildings
Affected population
330
Affected property interests
About 97
Affected households
131
Existing view of the Pine Street / Oak Street Project
Existing view of the Pine Street / Oak Street Project

Project Development Information


Total GFA About 6,520 square meters
Residential Flats About 142
Commercial GFA About 959 square meters

Project Status


The Project was commenced on 20 April 2012. 

The SDEV's decision to authorize the Project was gazetted on 22 March 2013.

Foundation works in progress.

Project Programme


Targeted completion by 2020/21.

More Information


The Pine Street / Oak Street project is implemented in accordance with the "Urban Renewal Strategy" ("URS") (2011) which includes the flat-for-flat option to be offered as an alternative option to cash compensation to the domestic owner-occupiers. They can consider taking cash compensation or using it to buy a new flat in-situ in the new development or in the Kai Tak development.

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