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Rent for state-owned plots recalculated based on new land values announced on January 1, 2018 by all cities and counties
Where state-owned plots are used by lessees for self-use housing, the rent shall be discounted by 50% for a maximum area of 300 m². The lessors shall recalculate rent for state-owned plots that qualify for rental discounts for owner-occupied housing in accordance with the aforementioned rate of 50% and the new land values announced in 2018. All lessees shall be notified to pay the adjusted rents starting in January 2018. The National Property Administration reminds lessees who have rented state-owned plots for self-use housing but haven’t yet applied for rental discounts to submit such applications in a prompt manner so that they can enjoy their rightful benefits.
The Administration further states that it will make relevant information pertaining to rent adjustments public in newspapers and websites. If citizens have any questions, they may contact regional branches and offices of this Administration.
Contact Person:Section Chief Ms. Ju-Hua Cai
Contact No.:02-27718121#1221
Issuing Unit:National Property Administration
Publish date:2018-02-27
View Date:2018-02-27
Update Date:2018-02-27
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