The government is not afraid of the suspicion of collusion between the government and businessmen. At the end of last month, it decided to provide a "standard land premium" arrangement for the development of agricultural land in the new development area, so that developers can pay the traditional land premium (that is, the government evaluates the price on a case-by-case basis according to the actual situation of the site),
The contract development can be amended by paying a single price. The government argues that this is essentially an inaccurate premium Special Database that can make developers "more aggressive" to speed up development. Looking back at the development history of the New Territories, the British Hong Kong government also implemented a standard premium rate policy in the New Territories: In the 1950s, Hong Kong’s industry developed rapidly, and the British Hong Kong government had to process applications for converting a large number of agricultural land into industrial land. Flat rate premium to expedite processing.
The land policy of the year was still accused of being too slow and hindering development. Interestingly, in the late 1950s, the British Hong Kong government tightened the flat-rate premium policy at that time. The reason for this is worth reflecting on by those who push for the flat-rate land premium policy today. . It is also unfair to flatten the land premium or encourage speculation It has always been a principle of land administration that landowners have applied to the governmen