JOHN CORRIGALL

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Hong Kong's lease-modification policy is fundamentally flawed

Everyone in Hong Kong - at least everyone who knows anything about property, and that is everyone - knows that when it comes to lease modifications, the premium payable is assessed on the basis of 100 per cent of the value increase the change confers.

Everyone in Hong Kong - at least everyone who knows anything about property, and that is everyone - knows that when it comes to lease modifications, the premium payable is assessed on the basis of 100 per cent of the value increase the change confers.

Hong Kong's lease-modification policy is fundamentally flawed
16 Oct 2013 - 5:15AM