Tai Hang Sai Estate Redevelopment Fully Moves Ahead
HK01 · 2 SOURCES1 day ago2 MIN
Summary
The owner of Tai Hang Sai Estate, Ping Min Properties, said on 10 September it had completed the recovery of all illegally occupied flats in the estate, allowing the redevelopment to be fully launched. It said demolition of Min Lok House, Min Hong House, Min Lee House and Min Shun House in the relevant area had already been completed, with construction works set to begin.
Key Points
- Ping Min Properties said it had recovered all illegally occupied units at Tai Hang Sai Estate on 10 September, enabling the project to move into full redevelopment.
- The company said Min Lok House, Min Hong House, Min Lee House and Min Shun House had already been demolished and the site was being readied for construction works.
- For original tenants who choose to return after redevelopment, the project will provide rental flats, with the company saying rehousing arrangements will remain flexible.
- About 2,000 flats in the project will be developed by the Urban Renewal Authority as Starter Homes for Hong Kong Residents and sold at a discount to market prices.
- Ping Min Properties said the redevelopment aims to improve residents' quality of life, provide more subsidised housing units than at present, and make better use of land resources
Why It Matters
The completion of unit recovery removes a practical obstacle to the next construction stage and could speed up delivery of both return flats for existing tenants and discounted Starter Homes for eligible buyers. For Hong Kong readers, the project also matters because the owner says it is intended to increase subsidised housing supply and add more community facilities in the rebuilt estate