• Fri
  • Jul 25, 2014
  • Updated: 5:31am

3,500 rate assessment objections so far

PUBLISHED : Sunday, 05 May, 2002, 12:00am
UPDATED : Sunday, 05 May, 2002, 12:00am

The government has received about 3,500 objections to assessments of rateable value on which property rates are levied. Wong Chun-shiu, Acting Commissioner for Rating and Valuation, said he expected many more before the complaints deadline at the end of the month. Speaking in a radio interview, Mr Wong said last year there were 40,000 to 50,000 objections. About 10 per cent succeeded in getting their rates cut. Although the number of unoccupied private flats surged to 60,500 last year, it would not necessarily affect the rateable values. 'The flat owners have to provide evidence that the rents have dropped,' he said.


Share

Related topics

For unlimited access to:

SCMP.com SCMP Tablet Edition SCMP Mobile Edition 10-year news archive
 
 

 

 
 
 
 
 

Login

SCMP.com Account

or