Three reads of the Hong Kong Legislative Council passed the draft of the formation to reduce the threshold for mandatory auctions of the building.Hong Kong Government officials denied that the beneficiary of the draft was a real estate developer.
Comprehensive Sing Tao Daily and Hong Kong 01 reported that according to the above draft, the age of 50 years or more of private buildings, the threshold has been reduced from the current 80%of the rights to 70%or 65%. This will be.Depending on the aging group and region.The draft will also streamline the legal procedures of the strong shooting system and strengthen the support of the affected small owners.
Di Zhiyuan, a member of the Legislative Council, worried earlier that the repair would make the small owner forced to sell the property.When he did not make a name for three reading, he stated that he would vote for objection.
The Director of the Hong Kong Development Bureau Ning Hanhao said that the pace of reconstruction is a social consensus and believed that the proposal and administrative facilities of the Hong Kong government have been balanced between different policies and the interests of small owners.If the draft is passed, the constitution will be published as soon as possible on the date of effectiveness of the regulations as soon as possible, and it is expected that the fastest can take effect in mid -December this year.
