About Us
- The Urban Renewal Strategy, which was promulgated on 24th February 2011, states that the Urban Renewal Authority (“URA”) may provide assistance to owners as consultant to help them assemble titles for commencing owner-initiated redevelopment. To this end, the URA has established a wholly-owned subsidiary, Urban Redevelopment Facilitating Services Company Limited (“URFS”) which is holding an estate agent’s licence, to provide the consultation services to interested owners under the Facilitating Services Scheme (“the Scheme”).
- URFS will provide facilitating services to eligible owners to help them assemble titles for joint sale of their property interests. The services include acting as a “Facilitator” to provide suitable information at the appropriate stages for the owners to make their own informed decision about the future of their properties including whether to participate in Joint Sale or not; appointing consultants on behalf of the owners; coordinating and monitoring the services provided by the appointed consultants.
- Facilitates Non-governmental Organisations ("NGOs") to redevelop their under-utilised sites for multiple uses. This scheme was launched in January 2021 jointly with the Development Bureau of the HKSAR Government (“DEVB”) to assist NGOs in upgrading their facilities to modern standards, while maximising the development potential of the sites owned by the NGOs. Through this Scheme, additional floor space for a range of uses (including residential, educational, social welfare, etc) can be incorporated into the redeveloped NGO’s site.
- No acquisition, compensation, rehousing or resumption actions on the part of the URA or URFS will be involved under the Scheme.
- URFS will procure the estate agency services for shop searching for the shop operators affected by URA’s redevelopment projects to relocate and continue operation. Please click here for more details.