HongKong

Hong Kong housing: almost all residents to be affected by renewal plan in Yau Tsim Mong prefer to remain in same district, survey finds




More than nine in 10 Hongkongers who will be affected by a major Urban Renewal Authority (URA) project in Yau Tsim Mong would prefer to be relocated elsewhere in the same district, and nearly half of homeowners there want “flat-for-flat” compensation, according to a new survey.District council members conducted the survey in October and November, making home visits to 343 residents living in Yau Tsim Mong district to gauge on their views on redevelopment.Leo Chu Tsz-lok, who led the survey…



READ SOURCE

See also  Markets mixed after Trump-Biden debate; data lifts China

Leave a Reply