2. Application requirements

2. Application requirements

All applications received by URFS are screened to see if each application meets the following criteria:

1. Joint application is made by the owners of not less than 50% of the undivided shares in each lot within the site;


2. The building conditions are “poor” or “varied”;


3. The site does not form a part of the area of a redevelopment project commenced by the URA;


4. The buildings of the site are not for industrial use or those where 50% or more of the floor area is under existing commercial use; and


5. The site is situated within redevelopment zones or at least not situated within a proposed preservation area identified by the District Urban Renewal Forum, if there is one in the district in which the site is located.