HongKong

Hong Kong landlords to get choice between redevelopment and renovation in new bottom-up approach to urban regeneration



Landlords of flats in older buildings on the eastern side of Hong Kong Island will be asked if they want their properties to be redeveloped, or just renovated, in a pilot scheme trying out a new bottom-up approach to urban regeneration.The scheme covers some 250 blocks built more than 30 years ago in 24 hectares (59 acres) of land along Shau Kei Wan Road in Sai Wan Ho, according to the Urban Renewal Authority.In a piece posted on his official blog on Sunday, the authority’s managing director…



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