• 09/20/2024

First batch of 376 Hong Kong land leases to be renewed beyond 2047 under new mechanism

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

Ordinance gazetted on Friday will allow 50-year extensions to take leases beyond crucial 2047 date, in move hailed by lawmakers and industry.

https://www.scmp.com/news/hong-kong/society/article/3269233/first-batch-376-hong-kong-land-leases-be-renewed-beyond-2047-under-new-mechanism?utm_source=rss_feed