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Elderly landlords of subdivided flats say they can’t afford upgrade costs

    Elderly landlords of subdivided flats say they can’t afford upgrade costs

    2 months ago02 mins

    Some elderly landlords in Hong Kong have said they cannot afford renovations costing as much as HK$400,000 (US$51,060) to ensure their subdivided flats comply with new regulations and they may be forced to take units that rent for HK$3,000 a month off the market. At a media session on Friday, four landlords owning subdivided flats…

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    Hong Kong presses ahead with plans to regulate notorious subdivided flats
    • Hong Kong News

    Hong Kong presses ahead with plans to regulate notorious subdivided flats

    Cs news1 year ago02 mins

    Hong Kong is pressing ahead with legislation to regulate the city’s notorious subdivided flats, with authorities planning to enforce proposed new laws from 2027 and landlords able to register their properties as early as March next year. The Housing Bureau submitted its regulatory proposals to the legislature on Thursday, with the bill to be tabled…

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