Tag Archives: landlords

City leader Carrie Lam approves Hong Kong’s controversial rent deferral plan

Hong Kong leader Carrie Lam Cheng Yuet-ngor has approved a controversial rent deferral scheme to support struggling commercial tenants affected by the city’s coronavirus outbreak, the Post has learned, shrugging off mounting pressure from developers to shelve the plan.Sources said the final version of the proposal, which would allow local …

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Hong Kong government to offer loans to support small commercial landlords

The Hong Kong government will offer interest-free loans to small commercial property owners affected by its latest anti-epidemic policy that could prevent them from collecting rent for up to six months, the city’s finance chief said on Saturday.Financial Secretary Paul Chan Mo-po said authorities would step in to pay struggling …

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