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HK tackle problem of lease expiring by the thousands-can this be a model for SG.. - Printable Version

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HK tackle problem of lease expiring by the thousands-can this be a model for SG.. - sgbuffett - 13-06-2023

On the table.is an automatic extension by 50yrs.

Unlikely to happen in Sjngapore as the Singapore govt wants to maximise its revenues by taking back the land and reselling it to build reserves rather than benefitting its own citizens

However, it's a good approach if the govt wants yo benefit its citizens.

https://hongkongfp.com/2023/05/19/hong-kong-mulls-legislation-to-extend-land-leases-by-50-years-without-owner-execution/