The owner of Regal Court, Perfect Perform Industrial Limited (PPIL), has applied for planning permission (Application no. A/H5/389) to demolish the 22-storey residential building and develop a 26-storey modern office building in its place. The building’s location at 12-18 Wing Fung Street is in the heart of Swire’s Star Street district. According to the meeting of the Metro Planning Committee of the Town Planning Board, their decision has been deferred while they wait for further information from the Applicant.

PPIL is owned by Swire Properties who is also the developer and owner of nearby Pacific Place 1, 2 and 3 as well as the residential development Star Crest. Swire also purchased the old Tai Sang Bank Building for redevelopment, which is currently underway. According to the Application for planning permission, the total GFA of the development will be 6,037sqm with a plot ratio of 15. Office floor area will be 236 sqm each and run from the 2/F to the 25/F.

This entry was posted on Monday, November 8th, 2010 and is filed under Planning Application, Property Companies. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.