High Quality Content by WIKIPEDIA articles! Land on Hong Kong Island has been sold to private purchasers since 1841. With the exception of the land for the St John's Cathedral at Garden Road, Central, which was granted freehold, all land has been sold on a leasehold basis. The terms of the land leases vary according to then prevailing land policies. Typical lease terms were either a fixed term of 75 years, 99 years, 150 years or 999 years with no right of renewal, or a renewable term of 75 years, 99 years or 150 years with a right to renew for a further similar period. The purchaser of the land, i.e. the leaseholder, was required to pay to Government a premium, reflecting the current value of the land, upon the grant of the lease and an annual rent (known as Government rent in Hong Kong), usually of a nominal amount. Данное издание представляет собой компиляцию сведений, находящихся в свободном доступе в среде Интернет в целом, и в информационном сетевом ресурсе "Википедия" в...