124 industrial building suitable for the transitional house, the whole building is modified 50 million to 200 million
The Government intends to activate the industrial buildings for transitional housing. The Community Organization Association estimates that the cost of renovating the entire industrial building will be about 50 million to 200 million yuan. About 124 urban industrial buildings in Hong Kong meet the conversion conditions, of which 95 are located. Tong and Kowloon Bay, depending on the number of floors, can accommodate about 81 to 330 flats. At least 450 families in each building benefit from the long-term.
The Social Welfare Association and the team of architects conducted research on more than one thousand industrial buildings in Hong Kong and visited a number of tenants. They considered that the transitional buildings in industrial buildings should have more windows facing the outdoors, and equipped with automatic shower systems and other fire-fighting and building services. Industrial buildings with single ownership will be easier to modify and manage.
Rent level of 4,000 to 5,000 yuan