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Hong Kong to Relax Rules on Leasing Subsidised Flats
The pilot will let qualifying owners rent out subsidised flats without a land premium, with a 3,000-flat quota and fees still required.
Summary by Hong Kong Free Press
2 Articles
2 Articles
Hong Kong to relax rules on leasing subsidised flats
The Hong Kong government will make it easier for owners of subsidised flats to lease their properties in September by waiving the land premium requirement. Hong Kong’s cityscape. Photo: Kyle Lam/HKFP. The Housing Authority said in a statement on Thursday that it had approved a scheme allowing owners of subsidised sale flats to rent out their units without paying a land premium to the government. The authority will launch the new scheme on a pilo…
·Hong Kong, Hong Kong
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Coverage Details
Total News Sources2
Leaning Left1Leaning Right0Center1Last UpdatedBias Distribution50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
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