- They do not have an equivalent of a volunteer-run STB. Rather, they have the Lands Tribunal which comprises of 3 professional judges and sometimes a member who is a qualified surveyor. You can read up more about it here.
- The age threshold for buildings for redevelopment, unlike Singapore's 10 yrs, is FORTY years (40. That's 4 times ours.). In fact, the Hong Kong Institute of Surveyors has suggested following the Singapore model of 10 years to facilitate urban renewal but the fact remains - 40 years is what the HK government considers to be the age of buildings before it should be considered for destruction.
- However, even if your estate is 40 years old, the Lands Tribunal may reject the application for sale, IF it considers the estate to be well-maintained and well-kept. This is because Chapter 545 of the HK law (Land (Compulsory Sale for Redevelopment) Ordinance) Sect 4(2)(a) states that the sale shall be justified "due to the age or state of repair of the existing development on the lot". This means that only if the estate is run down or in a bad state of disrepair, shall the sale be justified and approved. This is radically different from Singapore's approach which completely disregards if an estate has just been upgraded, or is very well kept and maintained.
Maybe our own legislators can take a leaf from the HK folks and learn from them. They seemed to have better considered the balance between urban renewal, individual property rights, and the condition of the estate (something wholeheartedly neglected here).
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