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Oak Street/Ivy Street Development Project (YTM-011)

Nos. 89-95 Oak Street (odd nos.), and Nos. 1-5 Ivy Street (odd nos.), Tai Kok Tsui, Kowloon
About 619 sq.m.
Affected buildings
7 street numbers of buildings
Affected population
About 186
Affected property interests
About 64
Affected households
About 75
Oak Street/Ivy Street Development Project
Oak Street/Ivy Street Development Project

Project Development Information

Total GFA About 5,571 sq.m.

Project Status

Project commencement was gazetted on 16 March 2018.  The Secretary for Development (SDEV) has considered the project and the related information and authorized the URA to proceed with the project on 19 November 2018.  The SDEV’s decision was first published in the Gazette on 23 November 2018.  

Project Programme

Targeted completion by 2026/2027.

Foundation works in progress.

Proposed Redevelopment

The URA's initial proposal is to redevelop the project to provide small to medium sized residential units and commercial / retail podium at the lower floors. Targeted completion by 2026/2027.

More Information

The Project is implemented in accordance with the “Urban Renewal Strategy” (“URS”) (2011) which includes the flat-for-flat options as an alternative option to cash compensation. Domestic owner-occupiers can opt for cash compensation or using it to buy a new flat-for-flat in-situ in the new development or in Kai Tak development.