How can the land-using right be granted in development zones, industrial zones and export processing zones?
The state-owned land within development 20nes and industrial 20nes may be obtained subject to payment of consideration. Land users obtain land-using right through public bidding, and negotiation and then pay fees for the granting of land-using right. The land-using right obtained may also be transferred, leased, pawned, inherited according to the law or be used for other economic activities permitted by the law.
Related Questions
- Under the Will of the Testator, a beneficiary was granted a right to reside. What happens to the land tax liability in respect of that land?
- Will current Strathearn Heights tenants be given right of first refusal to buy units in the new development?
- I have completed the preliminary meetings, and I trust Paragon Development is the right builder. What’s next?
