Lawmakers had initially proposed that those who own multiple properties should only receive a rebate on one property. Photo: Edward Wong
Plan to cut rebates for Hong Kong property owners may be dropped entirely, says Chief Executive Carrie Lam
- City’s leader makes announcement after further investigation of present set-up
- Lam cites example of developer who owns 15,000 properties but passes rebates on to tenants
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Hong Kong property
Lawmakers had initially proposed that those who own multiple properties should only receive a rebate on one property. Photo: Edward Wong