1. Services provided under Facilitating Services

1. Services provided under Facilitating Services

URFS provides Facilitating Services to eligible owners. No acquisition, compensation, re-housing or resumption action on the part of URA/URFS is involved.

At the current stage, URFS mainly helps owners assemble titles for the joint sale of their property interests. The services include:

1. appointment of consultants on behalf of the owners, and co-ordinating and monitoring the services provided by the consultants; and
2. persuading yet-to-commit owners to join the Facilitating Services for the joint sale of their property interests under the Scheme.

Unlike URA-initiated redevelopment projects, the property interests will be sold to a purchaser other than the URA through a joint sale auction or tender.