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Unleashing Redevelopment Potential of Hong Kong's Old Buildings: Proposal to Relax Requirements for Compulsory Sale Regime | Perspectives & Events - Vimarsana News

Unleashing Redevelopment Potential of Hong Kong's Old Buildings: Proposal to Relax Requirements for Compulsory Sale Regime | Perspectives & Events

One of Hong Kong’s major land policies, as noted in the Chief Executive's 2022 Policy Address, is to expedite urban renewal. As such, the government has recently announced a proposal to lower the thresholds and relax other requirements for the Compulsory Sale Regime. It is believed that such a...