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BackCK Asset opts to rebuild 3 blocks at starter homes project after steelwork scandal
CK Asset opts to rebuild 3 blocks at starter homes project after steelwork scandal
Developing
SCMP Economy1 hour agoReal_estate1 min readChina

CK Asset opts to rebuild 3 blocks at starter homes project after steelwork scandal

Developer opts for reconstruction after investigation reveals substandard steel reinforcement work at Anderson Road site

Quick Look

  • CK Asset will demolish three of six residential towers at its Anderson Road project in Hong Kong following a scandal involving substandard steel reinforcement.
  • The Buildings Department approved the reconstruction, while remedial work continues on the remaining three blocks.

AI-generated summary

Why It Matters

The project faced a scandal two years ago regarding substandard steel reinforcement. Ten individuals were arrested for bribery and other offenses related to the development.

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Three of the six residential buildings at CK Asset’s “starter homes” project in Hong Kong will be demolished and rebuilt in what the developer called the most “time-saving” solution, two years after a scandal over substandard steel reinforcement work halted construction.

The Buildings Department confirmed on Thursday that it had approved demolition plans for three blocks at the Anderson Road development in Kwun Tong, while remedial work was under way at the other three.

Earlier investigations found significant discrepancies between steel reinforcement installed in parts of the six towers and the approved plans, including fewer reinforcing bars than required. Ten people were also arrested in connection with the project on suspicion of bribery and other offences.

Open Questions

  • What is the total financial cost of the demolition and rebuild?
  • What is the revised completion date for the project?

Related Topics

This article was originally published by SCMP Economy.

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