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Pilot scheme for charging land premiums at standard rates

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On 4 March, the Development Bureau and Lands Department announced the framework of a pilot scheme for charging land premiums at standard rates. The pilot scheme is applicable to industrial buildings and should give investors and developers greater visibility and cost-certainty on land premium calculations. It will also simplify the process of lease modification, increasing the volume of asset conversions into alternative, and more appropriate uses that will benefit Hong Kong’s societal needs.

Read our latest paper that looks at the new pilot scheme and discusses market implications and provides financial scenarios of how it could benefit investors and developers, when applied.

 

Pilot scheme for charging land premiums at standard rates

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鄭 亥延

估價及諮詢服務主管

Valuation & Advisory Services

香港

鄭亥延小姐擁有十五年廣泛的估值和諮詢服務經驗,運用專業知識,提供的服務範疇如最優化使用分析,可行性研究,市場分析,成本效益分析和項目評估研究等。她曾參與眾多亞洲項目,項目地域包括在韓國、香港、中國、中東等國家。項目涵蓋從簡單物業開發到辦公、零售、住宅、酒店、工業和機構的城市綜合體。

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Jason Kwong

Director

Valuation & Advisory Services

香港

邝先生为一名专业产业测量师 (自2010年),在估价,土地事宜以及物业发展方面经验丰富,拥有超过超过9年的工作经验。

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