Posted inHong Kong

2047 not ‘time limit’ says Lands Dept. as lawmaker-elect urges resolution of lease problems

The Lands Department has said that “2047 is not a ‘time limit’” when it comes to land administration and that the “government will have to make arrangements to deal with the significant caseload of lease extension applications at a suitable juncture.” It also said that extensions and new leases with a term of 50 years currently granted by […]