{"id":121625,"date":"2021-08-24T11:01:13","date_gmt":"2021-08-24T04:01:13","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tenancy-control-on-subdivided-flats-a-step-forward-not-long-term-solution-to-hong-kongs-housing-crisis\/"},"modified":"2021-08-24T12:03:11","modified_gmt":"2021-08-24T05:03:11","slug":"tenancy-control-on-subdivided-flats-a-step-forward-not-long-term-solution-to-hong-kongs-housing-crisis","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tenancy-control-on-subdivided-flats-a-step-forward-not-long-term-solution-to-hong-kongs-housing-crisis\/","title":{"rendered":"Tenancy control on subdivided flats: a step forward, not long-term solution to Hong Kong\u2019s housing crisis"},"content":{"rendered":"


\nHousing crisis has long been a pressing issue for Hong Kong, one of the most expensive property markets in the world.Amid a lack of affordable housing, the waiting time for public rental housing is 5.8 years on average. Many low-income households therefore have no choice but to live in subdivided units (SDUs), with poor living conditions at high rents.As a result, the government introduced the Landlord and Tenant (Consolidation) (Amendment) Bill 2021 to protect the interests of SDU tenants and\u2026
\n
\nSource : South China Morning Post
\nRead more…Tenancy control on subdivided flats: a step forward, not long-term solution to Hong Kong\u2019s housing crisis<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Housing crisis has long been a pressing issue for Hong Kong, one of the most...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-121625","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-vDH","jetpack-related-posts":[{"id":95995,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/we-need-to-get-creative-to-fix-hong-kongs-housing-crisis\/","url_meta":{"origin":121625,"position":0},"title":"We need to get creative to fix Hong Kong\u2019s housing crisis","date":"August 14, 2018","format":false,"excerpt":"\r For many people in Hong Kong, home is not where the heart is. Whether they are stuck on social-housing waiting lists for years, living in potentially dangerous subdivided units, stumping up for a \u201cnano\u201d apartment, or desperately scrimping and saving for decades to get on the first rung of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116850,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/in-recession-squeeze-rents-are-converging-for-hong-kongs-micro-flat-and-subdivided-lots\/","url_meta":{"origin":121625,"position":1},"title":"In recession squeeze, rents are converging for Hong Kong\u2019s micro flat and subdivided lots","date":"June 3, 2020","format":false,"excerpt":"\r Rents on tiny flats in some of Hong Kong\u2019s chic property developments are sliding towards the rates on the city\u2019s notorious subdivided flats as landlords concede more ground in a recession-hit economy, according to property agents.At least 10 such projects completed in recent few years have had flats leased\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":126729,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-estate-agents-and-landlords-should-implement-hong-kongs-new-tenancy-control-regime-for-subdivided-units\/","url_meta":{"origin":121625,"position":2},"title":"How estate agents and landlords should implement Hong Kong\u2019s new tenancy control regime for subdivided units","date":"May 17, 2022","format":false,"excerpt":"\r The government has implemented a new tenancy control regime for subdivided units under Part IVA of the Landlord and Tenant (Consolidation) Ordinance, which came into effect on 22 January this year.\r \r Source : South China Morning Post\r Read more...How estate agents and landlords should implement Hong Kong\u2019s new\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":135938,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/boosting-hong-kongs-housing-supply-must-not-come-at-the-expense-of-subdivided-flat-residents\/","url_meta":{"origin":121625,"position":3},"title":"Boosting Hong Kong\u2019s housing supply must not come at the expense of subdivided flat residents","date":"April 16, 2023","format":false,"excerpt":"\r The government\u2019s proposal to lower the threshold that would trigger the compulsory sale of old buildings would affect many subdivided flat residents. A progressive approach would allow time to find a balance between the need for redevelopment, the property interests of minority owners, and the concerns of tenants.\r \r\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":106135,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/vacancy-tax-is-a-short-term-solution-to-hong-kongs-long-term-housing-shortage-crisis\/","url_meta":{"origin":121625,"position":4},"title":"Vacancy tax is a short-term solution to Hong Kong\u2019s long-term housing shortage crisis","date":"April 16, 2019","format":false,"excerpt":"\r The Hong Kong government plans to introduce a vacancy tax on empty new flats to pry open supply bottlenecks by imposing fines on developers for hoarding new homes. Under the proposed legislation, a tax equivalent to twice the estimated annual rental value will be levied on flats that remain\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":147440,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-small-flats-will-drive-international-talent-elsewhere\/","url_meta":{"origin":121625,"position":5},"title":"Hong Kong\u2019s small flats will drive international talent elsewhere","date":"October 20, 2024","format":false,"excerpt":"\r Action on subdivided flats, however modest, is welcome but the city\u2019s reputation for very expensive and tiny flats remains a problem.\r \r Source : South China Morning Post\r Read more...Hong Kong\u2019s small flats will drive international talent elsewhere","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/121625"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=121625"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/121625\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=121625"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=121625"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=121625"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}