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Rating Ordinance (Cap. 116, Laws of Hong Kong) Government Rent (Assessment and Collection) Ordinance (Cap. 515, Laws of Hong Kong) 2. Nature Tax levied on property Rent payable under Government land lease 3. Basis of Assessment Rateable Value(subject to revaluation) Rateable Values(subject to revaluation) 4. Percentage Charge
Hang Lung Group was founded by T.H. Chan on 13 September 1960 and is now one of Hong Kong's biggest real estate developers. [3] For the first 32 years, the group operated its business mainly in Hong Kong. It became well known by developing the largest residential complexes along the Mass Transit Railway. The Hong Kong market suffered from a ...
Government Property Agency (GPA) is an agency under the Financial Services and the Treasury Bureau of the Government of Hong Kong. Established on 1 April 1990, the Agency manages the government properties which were distributed among Government Secretariat , Lands Department , and Rating and Valuation Department .
MTR Properties is also a property agent, and provide services on Octopus Access Control System and environmental hygiene service. It operates the following shopping centres: Paradise Mall, Telford Plaza, Maritime Square, Luk Yeung Galleria, The Lane. Two IFC's property management company, Premier Management Services, is a unit of MTRC. [2]
The Home Ownership Scheme (HOS) is a subsidised-sale public housing programme managed by the Hong Kong Housing Authority.It was instituted in the late 1970s as part of the government policy for public housing with two aims – to encourage better-off tenants of rental flats to vacate those flats for re-allocation to families in greater housing need; and also to provide an opportunity for home ...
This is a list of Home Ownership Scheme (HOS) and Private Sector Participation Scheme (PSPS) Estates in Hong Kong. Estates of Green Form Subsidised Home Ownership Scheme (GFSHOS) and My Home Purchase Plan (MHPP) are also shown in the lists. They are housing estates sold by Hong Kong Housing Authority (HKHA) and Hong Kong Housing Society.
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Mortgage loans account for 25-30% of bank loans in Hong Kong. [1] Land ownership and land restrictions by the government risk inefficiencies with housing supply and demand. In 1998 there was a property price collapse; from 1997 to 2003 Hong Kong residential property prices fell by 61% [5] following the Asian economic crisis.