Schedule 7

2001-02 Annual Report, Inland Revenue Department
(Text Only)

SCHEDULE 7

PROPERTY STATISTICS (as at 31 March 2002)

Content

**Classification of Properties**
Classification of Properties	Number of Properties	Percentage
Solely owned by individuals (with rental income, if any, reported in Composite tax returns)	647,690	32.70
Jointly owned, owned by tenants-in-common, or solely owned other than by individuals - Letting - 98,911 Business use and/or rent free - 34,350 Wholly occupied by owners for residential use - 471,079 Vacant - 23,481 Letting but no liability under Personal Assessment - 63	627,884	31.70
Owned by corporations and exempt from Property Tax under the Inland Revenue Ordinance	341,183	17.22
Home Ownership Scheme or Private Sector Participation Scheme	246,675	12.45
Government owned	919	0.05
New Ownership - awaiting classification	116,446	5.88
Total	1,980,797	100.00

**Classification of Ownership**
Classification of Ownership	Number of Properties	Percentage
Properties owned by : 1 owner	1,150,733	58.09
Properties owned by : 2 owners	781,279	39.44
Properties owned by : 3 owners	34,240	1.73
Properties owned by : 4 owners	8,293	0.42
Properties owned by : 5 owners	2,763	0.14
Properties owned by : 6 to 10 owners	2,964	0.15
Properties owned by : 11 to 20 owners	366	0.02
Properties owned by : over 20 owners	159	0.01
Total	1,980,797	100.00

Contents | Schedules | Schedule 1 | Schedule 2 | Schedule 3 | Schedule 4 | Schedule 5 | Schedule 6 | Schedule 7 | Schedule 8 | Schedule 9 | Schedule 10 | Schedule 11 | Schedule 12 | Schedule 13 | Schedule 14 | Schedule 15 | Schedule 16 | Schedule 17|

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(Last updated/reviewed : January 8, 2003)