land right

[Leeds411]

I see. It seems bookblogger and pekkerhead seem to be discussing what I was asking about.

That is, this land/building right.

Do either of you know more about it that you can tell me? Where would someone go to buy one? Why would someone sell it, etc? What is typically involved in a sale?

[imparanoic]

http://www.geoexpat.com/forum/thread42481.html

[bookblogger]

Leeds411: male indigenous villagers have had the right (since 1973) to receive a plot of government land on which to build a small house (2100 sq ft max, usually arranged in 3 floors). This was before the border with China was opened in 1979, and the policy was intended to help farmers out by ensuring their families had somewhere to live.

Now of course, not much NT land is farmed, and the policy is an anachronism. But villagers can make a lot of money by letting or selling these houses, and they have come to regard it as a birthright. Thus former agricultural land is dotted with these three-storey houses, often built without any access or sewage facilities, because they are exempt from planning laws. The policy should be abolished but the Heung Yee Kuk (villagers' group) is a powerful lobby.

[carang]

"often built without any access or sewage facilities,"

i haven't yet seen one without sewage...

[imparanoic]

"often built without any access or sewage facilities,"

i haven't yet seen one without sewage...

majority of rural houses use a septic tank for sewage and waste water ( who is pumped very half a year, smelly affair!) , while surface water drainage( rain water) is discharged to rivers and streams

[imparanoic]

EPD - Rural Planning and Improvement Strategy - Minor Projects Environmental Guidance Note

[carang]

ah, yes... that's our place...sorry, i thought you meant there were no toilets... duh! LOL!

[Leeds411]

Thank you for the additional info bookblogger. I really appreciate learning all I can about the subject.

[Leeds411]

Does anyone have any experience with buying or selling a land right in HK? If so, how did that all work out?

[imparanoic]

Does anyone have any experience with buying or selling a land right in HK? If so, how did that all work out?

please tell us if you want to sell your land rights (丁權), or buy someone else, please tell us which area? eg, i know a friend who sold his land rights (丁權) in ting kok, tai po for 25,000quid 10 years ago, possibly more now, but somewhere like tai wai or tsing yee will possibly cost 3 times, however, remote places such as sha tau kok will be the cheapest

if you can read chinese

look at this link, states many factor determine price

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