Building Renewal Action It is proposed to apply for the second round of next year

The Secretary for Development, Mr Wong Wai-lun, published a blog yesterday that the first round of applications for the Building Renewal Campaign 2.0 has been gradually implemented

The Government plans to launch the second round of applications in the third quarter of next year. In addition, he pointed out that the Government would actively consider the “Building Management Professional Consultancy Services Scheme" to provide the professional management advice and support to the owners of the “Three No Buildings".

According to the statistics of the Buildings Department, as at the end of last year, over 6,800 of the 35400 private residential buildings in Hong Kong were aged 50 or above

Wong Wai-lun pointed out in the blog yesterday that the 2017 Policy Address has allocated $3 billion to implement the Building Renewal Campaign 2.0. The URA is self-occupied for residential buildings with a 50-year-old age or above and a low rateable value. The owners provided technical and financial support to assist them in complying with the inspection and repair works prescribed in the Mandatory Building Inspection Notice. It is expected to benefit 2,500 buildings. The first round of applications was closed in October last year and the response was very good.

Looking at the first round of application experience

Huang Weilun pointed out that the inspection and repair works for the first round of applications have been gradually carried out. The government plans to launch the second round of applications in the third quarter of next year. He revealed that the Government is reviewing the experience of the first round of applications and the views of the public, considering whether there are room for improvement in the details of the second round of applications and other arrangements, and that it will not bring unbearable workload to the building maintenance market, resulting in soaring prices. Even under the premise of affecting the quality of the project, how to make more owners in need benefit and further protect public safety.

The Government is also considering the funding of the “Fire Safety Improvement Project Subsidy Scheme" and the “Optimised Elevator Funding Scheme"

It will also actively consider the “Building Management Professional Consultancy Scheme" and the appointment of the property management company as “San Wu Building". The owner provides one-stop professional advice and support.

In the “Optimised Elevator Funding Scheme", Mr Wong said that there are currently about 68,000 lifts in Hong Kong. Timely maintenance and repair will help protect public safety. The plan was implemented by the URA. The first round of applications was just closed on August 1. The response was very positive. A total of about 1,200 applications were received, involving about 5,000 lifts. The Administration is actively studying the allocation of funds for the scheme to benefit more owners who need it and to optimize related ancillary services.

predict how long the downturn will last because the social situation is in a stalemate and there is no sign of a solution.


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