{"id":4652,"date":"2017-06-14T09:40:00","date_gmt":"2017-06-14T01:40:00","guid":{"rendered":"https:\/\/www.spacious.hk\/en\/blog\/?p=4652"},"modified":"2019-09-02T10:47:36","modified_gmt":"2019-09-02T02:47:36","slug":"614-news-roundup-chevalier-won-uras-tai-kok-tsui-project-ura-improves-payment-for-rehousing-tenants","status":"publish","type":"post","link":"https:\/\/www.spacious.hk\/en\/blog\/614-news-roundup-chevalier-won-uras-tai-kok-tsui-project-ura-improves-payment-for-rehousing-tenants","title":{"rendered":"6\/14 News Roundup: Chevalier Won URA\u2019s Tai Kok Tsui Project, URA Improves Payment for Rehousing Tenants"},"content":{"rendered":"<p><strong>Chevalier Won URA\u2019s Tai Kok Tsui Project<\/strong><br \/>\nThe Urban Renewal Authority announced yesterday that Chevalier Pacific Limited, a wholly owned subsidiary of Chevalier International Holdings Limited, has won the contract for the development of Fuk Chak Street-Li Tak Street demand-led redevelopment project in <a href=\"https:\/\/www.spacious.hk\/en\/hong-kong\/tai-kok-tsui\">Tai Kok Tsui<\/a>. The project site, which covers an area of 8,267 square feet, commenced in June 2013 under the second round of the URA&#8217;s Demand-led Redevelopment Projects (Pilot Scheme). It is tentatively scheduled for completion by 2020 or 2021. The project will provide about 96 <a href=\"http:\/\/www.spacious.hk\/en\">residential<\/a> units with a total residential gross floor area of about 54,928 square feet and 6,856 square feet of <a href=\"https:\/\/www.spacious.hk\/en\/commercial\/hong-kong\">commercial<\/a> gross floor area.<\/p>\n<p><strong>URA Improves Payment for Rehousing Tenants<\/strong><br \/>\nThe Urban Renewal Authority yesterday approved enhancements to policies for ex-gratia payment and rehousing to domestic tenants who are affected by its redevelopment projects. The ex-gratia allowance for eligible domestic tenants will be calculated with a sliding scale that begins with the first HK$10,000 of the rateable value multiplied by nine. The ex-gratia allowance for a one-person household will be increased from the current minimum payment of HK$70,000 to HK$160,000. That for two-person or larger households will increase from HK$80,000 to HK$180,000.<\/p>\n<p>For more information on property news and prices, please visit our website at <a href=\"https:\/\/www.spacious.hk\/\">https:\/\/www.spacious.hk\/<\/a> or follow our <a href=\"https:\/\/www.linkedin.com\/company-beta\/3314349?pathWildcard=3314349\" rel=\"noopener\">LinkedIn Page<\/a>.<script src=\"\/\/platform.linkedin.com\/in.js\" type=\"text\/javascript\"> lang: en_US<\/script><br \/>\n<script data-counter=\"right\" data-id=\"3314349\" type=\"IN\/FollowCompany\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chevalier Won URA\u2019s Tai Kok Tsui Project The Urban Renewal Authority announced yesterday that Chevalier Pacific Limited, a wholly owned subsidiary of Chevalier International Holdings Limited, has won the contract for the development of Fuk Chak Street-Li Tak Street demand-led redevelopment project in Tai Kok Tsui. The project site, which covers an area of 8,267 square feet, commenced in June [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":4654,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[74],"tags":[129,68,67,130],"class_list":["post-4652","post","type-post","status-publish","format-standard","hentry","category-hong-kong-property","tag-government","tag-hot-news","tag-spacious-news","tag-tax"],"_links":{"self":[{"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/posts\/4652","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/comments?post=4652"}],"version-history":[{"count":0,"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/posts\/4652\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/media\/4654"}],"wp:attachment":[{"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/media?parent=4652"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/categories?post=4652"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/tags?post=4652"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}