{"id":128551,"date":"2022-08-09T11:00:19","date_gmt":"2022-08-09T04:00:19","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-tweaking-hong-kongs-compulsory-purchase-law-could-ease-its-housing-shortage\/"},"modified":"2022-08-09T11:20:52","modified_gmt":"2022-08-09T04:20:52","slug":"how-tweaking-hong-kongs-compulsory-purchase-law-could-ease-its-housing-shortage","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-tweaking-hong-kongs-compulsory-purchase-law-could-ease-its-housing-shortage\/","title":{"rendered":"How tweaking Hong Kong\u2019s compulsory purchase law could ease its housing shortage"},"content":{"rendered":"


\nHousing problems have been causing Hong Kong people continued misgivings over the past few decades. Residents have suffered from either unaffordable prices for habitable residences, or increasing waiting times for public housing allocations.
\n
\nSource : South China Morning Post
\nRead more…How tweaking Hong Kong\u2019s compulsory purchase law could ease its housing shortage<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Housing problems have been causing Hong Kong people continued misgivings over the past few decades....<\/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-128551","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-xrp","jetpack-related-posts":[{"id":96816,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developer-hkr-urges-government-allow-more-space-to-build-in-discovery-bay-to-help-ease-hong-kongs-housing-shortage\/","url_meta":{"origin":128551,"position":0},"title":"Developer HKR urges government: allow more space to build in Discovery Bay to help ease Hong Kong\u2019s housing shortage","date":"August 28, 2018","format":false,"excerpt":"\r HKR International, the developer behind Discovery Bay \u2013 the popular residential complex on Hong Kong\u2019s Lantau island \u2013 has challenged the government\u2019s allowable land-use density on the 650-hectare site, saying much of its nearby countryside is still way under used. Hong Kong currently faces a chronic shortage of available\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":135149,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/unit-of-li-ka-shings-hutchison-submits-plan-to-build-15075-homes-in-tsing-yi-to-add-to-hong-kongs-housing-supply-help-ease-shortage\/","url_meta":{"origin":128551,"position":1},"title":"Unit of Li Ka-shing\u2019s Hutchison submits plan to build 15,075 homes in Tsing Yi to add to Hong Kong\u2019s housing supply, help ease shortage","date":"March 10, 2023","format":false,"excerpt":"\r The land value is estimated at HK$22 billion, although Hutchison has not put a price tag on developing the project.\r \r Source : South China Morning Post\r Read more...Unit of Li Ka-shing\u2019s Hutchison submits plan to build 15,075 homes in Tsing Yi to add to Hong Kong\u2019s housing supply,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116561,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developers-use-forced-auctions-to-snap-up-hong-kongs-older-buildings-for-redevelopment-amid-citys-land-shortage\/","url_meta":{"origin":128551,"position":2},"title":"Developers use forced auctions to snap up Hong Kong\u2019s older buildings for redevelopment amid city\u2019s land shortage","date":"May 21, 2020","format":false,"excerpt":"\r Some of Hong Kong\u2019s ageing residential buildings are being snapped up for redevelopment through compulsory purchase orders amid a shortage of land in the city.Billionaire Edwin Leong\u2019s Tai Hung Fai Enterprise bought a 61-year old building in Sai Ying Pun while Hip Shing Hong acquired another old building in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111054,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-world-development-donates-3-million-square-feet-of-farmland-to-ease-hong-kongs-housing-crisis\/","url_meta":{"origin":128551,"position":3},"title":"New World Development donates 3 million square feet of farmland to ease Hong Kong\u2019s housing crisis","date":"September 25, 2019","format":false,"excerpt":"\r New World Development said it will donate 3 million square feet of farmland for public and social housing development in Hong Kong.Adrian Cheng Chi-kong, executive vice-chairman and general manager at New World Development said the donation was aimed at alleviating the serious shortage of land for housing that has\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117168,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-scrapping-special-stamp-duty-would-help-alleviate-hong-kongs-housing-shortage-problem\/","url_meta":{"origin":128551,"position":4},"title":"Why scrapping special stamp duty would help alleviate Hong Kong\u2019s housing shortage problem","date":"June 16, 2020","format":false,"excerpt":"\r In November 2010, the Hong Kong government imposed a special stamp duty (SSD) on individuals and companies that acquire a residential property in Hong Kong and resell it within 36 months. The sellers need to pay an SSD equivalent to 20 per cent of the transaction price if they\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122286,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-keeps-third-quarter-land-supply-steady-as-focus-shifts-to-carrie-lams-october-6-plan-to-ease-citys-housing-shortage\/","url_meta":{"origin":128551,"position":5},"title":"Hong Kong keeps third-quarter land supply steady as focus shifts to Carrie Lam\u2019s October 6 plan to ease city\u2019s housing shortage","date":"September 29, 2021","format":false,"excerpt":"\r Hong Kong\u2019s government will keep its fiscal third-quarter land sale plan the same as three months earlier, as it focuses the spotlight on the final policy address by Chief Executive Carrie Lam Cheng Yuet-ngor on October 6, when she is due to deliver a widely expected blueprint to boost\u2026","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\/128551"}],"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=128551"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/128551\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=128551"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=128551"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=128551"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}