{"id":1118,"date":"2021-06-28T19:32:06","date_gmt":"2021-06-28T11:32:06","guid":{"rendered":"http:\/\/devwp.visibleone.io\/p136\/?p=1118"},"modified":"2025-01-03T16:03:13","modified_gmt":"2025-01-03T08:03:13","slug":"compulsory-sale","status":"publish","type":"post","link":"https:\/\/familyclic.hk\/en\/topics\/properties-arrangements\/redevelopment-and-acquisition-of-property\/compulsory-sale\/","title":{"rendered":"Compulsory Sale"},"content":{"rendered":"
[et_pb_section fb_built=”1″ _builder_version=”3.22″][et_pb_row _builder_version=”3.25″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”][et_pb_column type=”4_4″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_text admin_label=”Compulsory Sale” module_class=”posttitle” _builder_version=”4.9.7″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”]<\/p>\n
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As at 2022, Hong Kong had about 9,600 buildings aged 50 years or older. These buildings have reached their designed working life and usually lack proper repair and maintenance.<\/p>\n
In order to encourage the redevelopment of dilapidated buildings, the\u00a0Land (Compulsory Sale for Redevelopment) Ordinance<\/a>\u00a0(\u00a0Cap. 545<\/a>\u00a0of the Laws of Hong Kong) was brought into force on 7th June 1999.<\/p>\n The Ordinance enables people who hold a specified majority of the undivided shares in a lot to make an application to the Lands Tribunal for an order to sell it for redevelopment.<\/p>\n The Ordinance provides a solution to the problem of property acquisition for redevelopment due to defective titles, untraceable owners, owners who died intestate or owners demanding unreasonably high prices.<\/p>\n In general, a person or company owning the following percentage of undivided shares in a lot may apply to the Lands Tribunal for compulsory sale of the lot for redevelopment \u2013<\/p>\nA. Eligibility of applicants<\/h2>\n