Mong Kok preservation project underway

The Lands Department has announced the resumption of land for the implementation of a preservation and revitalisation project on Shanghai and Argyle Streets in Mong Kok.

A total of 23 private property interests at the site will be resumed under the Lands Resumption Ordinance.

The affected interests will revert to the government three months from the date when the resumption notice is affixed on-site. Details of the private land affected have been gazetted.

Apart from their entitlement to statutory compensation, eligible owners of domestic properties will be offered an ex-gratia home-purchase allowance or supplementary allowance. Eligible commercial-property occupiers, including owners and tenants, can choose an ex-gratia allowance.

The site, with an area of 900 square metres, will be granted to the Urban Renewal Authority. The four intervening post-war buildings will be redeveloped to accommodate necessary building services and facilities, while the cluster of 10 pre-war verandah-type shophouses will be preserved for adaptive re-use.