Urban Renewal Authority
The Urban Renewal Authority (URA) was established in May 2001 under the Urban Renewal Authority Ordinance as the statutory body to undertake, encourage, promote and facilitate urban renewal of Hong Kong, with a view to addressing the problem of urban decay and improving the living conditions of residents in old districts.
See below for the latest URA news, analysis, profit results, share price information, and commentary.
URA swings to $338m surplus after three years of losses
URA swings to $338m surplus after three years of losses
The authority adjusted strategies as the property market remains volatile.
2 days ago
Gov’t freezes commercial land sales as 98,000-unit housing blitz begins
The 2026 Budget targets 196,000 public housing units over five years, up 80%.
Lands Department resumes 836 private property interests in Cheung Sha Wan project
The site will be redeveloped for residential, retail, and commercial spaces.
URA $12b bonds oversubscribed two times
The proceeds will fund its capital on urban renewal projects.
Chinachem Group, Urban Renewal Authority clinch PropTech - Real Estate win at HKB Technology Excellence Awards 2022
Their redevelopment project on Tonkin Street is the first private residential development built by a Modular integrated Construction by a private developer in Hong Kong.
Wai Chi-sing reappointed as URA head
Wai will extend his term for three years starting 15 June.
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