1999-2000 Annual Report, Inland Revenue Department
(Text Only)


SCHEDULE 7


PROPERTY STATISTICS (as at 31 March 2000)
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)

598,312

32.88

Jointly owned, owned by tenants-in-common, or solely owned other than by individuals-
Letting:- 93,370
Business use and/or rent free:- 26,156
Wholly occupied by owners for residential use:- 431,714
Vacant:- 17,757
Letting but no liability under Personal Assessment:- 78

569,075

31.27

Owned by corporations and exempt from Property Tax under the Inland Revenue Ordinance

338,262

18.59

Home Ownership Scheme or Private Sector Participation Scheme

156,301

8.59

Government owned

848

0.04

New Ownership - awaiting classification

157,005

8.63

Total

1,819,803

100.00


Classification of Ownership

Classification of Ownership

Number of Properties

Percentage

Properties owned by : 1 owner

1,068,879

58.74

Properties owned by : 2 owners

706,021

38.80

Properties owned by : 3 owners

32,004

1.76

Properties owned by : 4 owners

7,698

0.42

Properties owned by : 5 owners

2,438

0.13

Properties owned by : 6 to 10 owners

2,472

0.13

Properties owned by : 11 to 20 owners

217

0.01

Properties owned by : over 20 owners

74

0.01

Total

1,819,803

100.00

 

Vision, Mission and Values | Commissioner's Overview | Revenue | Assessing Functions | Collection | Investigation & Field Audit | Taxpayer Services | Information Technology | Human Resources | Legislative Amendments | Environment Report | Miscellaneous | Schedules |

Home Page | Publications and Forms | Annual Report | 中文版年報 (Chinese Version)

 


(Last updated/reviewed : August 30, 2001))