The Limited Times

Now you can see non-English news...

01Exclusively revealed that the United States still holds at least two Hong Kong land 999-year title deeds related to Dong Jianhua

2020-05-31T15:09:04.546Z


"Hong Kong 01" yesterday (30th) exclusively revealed that the US government secretly sold six super-detached houses at 37 Shoushan Village Road, South District, with a land valuation of 10 billion yuan. The US Consulate General in Hong Kong and Macau acknowledged that it was part of the reinvestment plan. The US government still owns a 60,000-square-foot plot of luxury mansion on Baijia Road on the summit and the US Consulate General in Hong Kong and Macau on Garden Road in Central. In 1999, when Dong Jianhua was the chief executive, the 999-year title deed was granted to the consulate lot for 44 million yuan.


Social News

Author: Lao Xianliang

2020-05-31 09:00

Last update date: 2020-05-31 09:00

"Hong Kong 01" yesterday (30th) exclusively revealed that the US government secretly sold six super-detached houses at 37 Shoushan Village Road, South District, with a land valuation of 10 billion yuan. The US Consulate General in Hong Kong and Macau acknowledged that it was part of the reinvestment plan.

The US government still owns a 60,000-square-foot plot of luxury mansion on Baijia Road on the summit and the US Consulate General in Hong Kong and Macau on Garden Road in Central. In 1999, when Dong Jianhua was the chief executive, the 999-year title deed was granted to the consulate lot for 44 million yuan.

[01 Exclusive] News: U.S. government secretly sells consulate houses over 10 billion yuan

[01 Exclusive] U.S. Secretly Sells Tenders for Consulate in Hong Kong

01Exclusively revealing the consulate general of Hong Kong luxury homes for sale in the United States: part of the reinvestment plan

Jin Yong, who bought Hong Kong luxury homes at a low price during the Sino-British negotiations in the 1980s, bought 1 Peak Road

▼ Different political groups have repeatedly demonstrated at the US Consulate General in Hong Kong and Macau ▼

+3

+2

Peak Road, White Road up to 60,000 square feet

According to the information, the US government still holds at least two plots, one of which is 3 Baijia Road, the top of the hill. This 60,000 square foot plot has a value similar to 37 Shoushan Village Road; in addition, the United States still holds Central Garden On the 26th, the land and buildings where the US Consulate General in Hong Kong and Macao has a land area of ​​61,700 square feet.

According to sales records, the US government sold five luxury parcels of land at low prices during the Sino-British negotiations in the 1980s.

▼ The reporter directly hit the US house to sell the super house at 37 Shoushan Village Road, Southern District ▼

Special Conditions of Deed of the U.S. Consulate. (David Webb website)

The consulate's title deed was approved in 1999 for a period of 999 years

The US Consulate General in Hong Kong, located on Garden Road in Central, has been leased from the British Hong Kong Government since 1950. The lease term is 75 years, and the annual rent is 2,092 yuan. It can be renewed for another 75 years after expiration. The land has sales restrictions, and if the US consulate moves or closes, it will be returned to the Hong Kong government. However, there is a special clause in the contract. The US government can exercise the option to purchase freehold land in the contract period.

David Webb, a former director of the Hong Kong Stock Exchange and an independent stock reviewer, disclosed in 2018 that after the US government drove the special conditions of the mainland in 1999, after discussing with the Hong Kong government, the land was purchased for 44 million yuan. The General Administration also confirmed at the time.

▼ U.S. Government sells bids for Hong Kong Southern District properties ▼

+2

Failed to activate special provisions before reunification Tung Chee Hwa officially approved in 1999

It is reported that the US government initiated the terms of the above land contract in January 1997, but the negotiations could not be completed before the reunification, so the SAR government wanted to take over this problem and was eventually approved by Dong Jianhua. David Webb estimated at the time that the US consulate site was worth about 7.7 billion yuan in 2018.

Most of the 999 title deeds were approved between 1848 and 1898, including Blue Chip Estate Taikoo Shing, Western Central and Cadogan, Victoria Peak, Hong Kong Island's North Point, Wan Chai, Central and Upper Central and Mid-levels, etc. And parts of Tsim Sha Tsui. The 999-year title deed of the US Consulate was the first time the Hong Kong government granted it after 1901. The land in Hong Kong is all leased by the government on a lease basis. The only freehold land is the St. John's Cathedral in Central.

The US government sold 37 Shoushan Village Road (blue), the consulate dormitory site and the mansion; and the Shoushan Village Road 39 Mingyuan site (yellow) was purchased by China Resources Land in 2018 for 5.929 billion yuan. (Hong Kong 01 Cartography)

The adjacent land was purchased by China Resources Land

The US Consulate General in Hong Kong and Macau, after the exclusive disclosure of "Hong Kong 01", responded to the confirmation of the US government's decision to sell the property and will constantly review overseas property assets as part of the reinvestment plan this time.

The land adjacent to Mingyuan Estate, No. 39 Shoushan Village Road, was purchased by China Resources Land in 2018 for RMB 5.929 billion. This time the U.S. government has sold large plots of Shoushan Village Road. If it is successfully sold, it is expected to set a new high for Shouson Hill.

▼ The controversy between the parties of the Hong Kong version of the National Security Law Legislation continues ▼

+9

+8

+7

During the Sino-British negotiations in the 1980s, the low-cost sale of luxury residential land in Hong Kong Jin Yong once bought 1 Peak Road

[01 Exclusive] News: U.S. government secretly sells consulate houses over 10 billion yuan

[01 Exclusive] U.S. Secretly Sells Tenders for Consulate in Hong Kong

01Exclusively revealing the consulate general of Hong Kong luxury homes for sale in the United States: part of the reinvestment plan

Hong Kong version of National Security Act Trump US title deed

Source: hk1

All news articles on 2020-05-31

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.