Two Tai Kok Tsui sites will be resumed under the Lands Resumption Ordinance for redevelopment, the Lands Department says.

Upon completion of resumption and clearance, the two sites in Larch Street/Fir Street and Pine Street/Anchor Street, covering about 2,176 and 2,300 square metres, will be granted to the Urban Renewal Authority at a nominal premium.

Mixed-use development is permitted on the sites and the current proposals for them are for residential developments with commercial use on the lower floors.

The affected 83 interests will revert to the Government three months after the date the resumption noticeis posted on the site. Details of the private land affected were gazetted today.

Compensation details

Apart from their entitlement to statutory compensation, eligible owners of domestic properties will be offered an ex-gratia home-purchase allowance or supplementary allowance as appropriate.

Owners and tenants affected may make statutory claims under the Lands Resumption Ordinance. The Government may reimburse any professional fees reasonably incurred.

Occupiers of commercial properties may also be eligible for an ex-gratia allowance in lieu of the right to make statutory claims for business loss and disturbance.