Leasehold land compensation : a comparison of the compensation principles in Hong Kong and Australia

Nelson Chan

    Research output: Contribution to journalArticle

    Abstract

    The author studies the features of the compensation principles for compulsory acquisition of leasehold land in Hong Kong, China and Australia to determine which of them offers more favourable compensation to dispossessed landowners. He states that the market value of leasehold land in Hong Kong is based on the permitted use and length of the lease. He notes that the compensation principles in Australia are written in the statutes and are continuously being fine-tuned by court rulings.
    Original languageEnglish
    Number of pages12
    JournalProperty Tax Assessment & Administration
    Publication statusPublished - 2008

    Keywords

    • land tenure
    • landowners
    • leases
    • valuation
    • Hong Kong (China)
    • Australia

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