Operators of Hong Kong’s subdivided flats will have to fulfil new criteria aimed at stamping out ‘exploitative’ practices, John Lee says
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Operators of Hong Kong’s notorious subdivided flats will have to meet specific requirements before they can rent them out once authorities define rules to eradicate “exploitative” practices, according to the city’s leader.
“On top of meeting needs, most people are after profits,” Lee said on a radio show. “As they are turning profits, I think we can only let them make profits reasonably, not exploitatively. Once we set the standards, there will be entry barriers to ensure tenants are treated fairly.”
According to the policy blueprint, the standards will incorporate elements such as building and fire safety, sanitary conditions and living space area, with the chief executive suggesting legislative proposals may be part of an “orderly” solution.
Lee stopped short of saying whether a licensing regime would be on the cards but noted the legislature and stakeholders would have ample time to discuss the way forward after the task force put forth its proposals in 10 months.
Deputy Financial Secretary Michael Wong Wai-lun, who heads the task force, later on Thursday said it was clear that all subdivided flats would need to register their premises, and legislation would be required to enforce standards.