2002-03 Annual Report, Inland Revenue Department
(Text Only)


SCHEDULE 7


PROPERTY STATISTICS (as at 31 March 2003)
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)

670,419

32.88

Jointly owned, owned by tenants-in-common, or solely owned other than by individuals -
Letting - 98,181
Business use and/or rent free - 39,727
Wholly occupied by owners for residential use - 482,221
Vacant - 24,455
Letting but no liability under Personal Assessment - 52

644,636

31.61

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

339,875

16.67

Home Ownership Scheme or Private Sector Participation Scheme

262,718

12.88

Government owned

1,025

0.05

New Ownership - awaiting classification

120,586

5.91

Total

2,039,259

100.00


Classification of Ownership

Classification of Ownership

Number of Properties

Percentage

Properties owned by : 1 owner

1,186,158

58.17

Properties owned by : 2 owners

802,739

39.36

Properties owned by : 3 owners

34,812

1.71

Properties owned by : 4 owners

8,583

0.42

Properties owned by : 5 owners

3,156

0.15

Properties owned by : 6 to 10 owners

3,255

0.16

Properties owned by : 11 to 20 owners

398

0.02

Properties owned by : over 20 owners

158

0.01

Total

2,039,259

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 : February 5, 2004)