Commercial and Industrial Buildings - Application Requirements

• In each application, the applicants shall own in aggregate not less than the following percentage of undivided shares in each lot of the site under application ("the Application Site"):
• If the Application Site consists of one single building and one lot only, not less than 50% of the undivided shares in that lot.
• If the Application Site consists of only one single building which is situated on 2 or more lots, not less than 50% of the undivided shares in each individual lot in the Application Site.
• If the Application Site consists of more than one building which is situated on 2 or more lots, not less than 50% of the undivided shares in the relevant lot(s) on which each individual building is situated. If any one building is connected to another building by a common staircase, the average of the percentage of the undivided shares owned by those owners in the lot(s) on which one of the buildings stands and the percentage of the undivided shares owned by owners in the lot(s) on which the other of the buildings stands shall be not less than 50%.
• The majority of the buildings (i.e. buildings on more than 50% of the site area) in the Application Site are classified as "poor" or "varied" by URA in its Building Conditions Survey after carrying out inspection of buildings and none of the buildings in the Application Site is classified as "good". Further inspections of the buildings may have to be conducted by URFS or the consultants engaged by URFS, if so deemed necessary.
• If a District Urban Renewal Forum ("DURF") has been set up in the district covering the Application Site, the Application Site should be situated within redevelopment zones identified by the DURF or at least not within the preservation areas proposed by the DURF.
• The Application Site does not form part of the area of a redevelopment project commenced by URA.
• The building(s) in the Application Site shall fall within one of the categories below:
• Commercial Buildings

  The occupation permit of each building in the Application Site permits non-domestic use (excluding industrial uses) for whole building; or

• Industrial Buildings
  • The occupation permit of each building in the Application Site permits industrial use for whole or part of that building, and
  • The Application Site is not in a zone designated "Industrial" according to the statutory plans approved under the Town Planning Ordinance.
• If an application has been declined on the ground that it has failed the test of financial viability conducted by URFS, re-submission of application for the same site shall not be made within one year from the date of notification of the rejection of the previous application by URFS.