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999-year Leases In Hong Kong
999-year leases in Hong Kong are a rare form of lease in Hong Kong. History They were almost exclusively granted from 1849 to May 1898 on Hong Kong Island and in Kowloon. Some exceptions include Hang Cheong Tai Building (1900), Cheung Ling Mansion (1900), Ka Yue Building (1901), Princeton Tower (1901), Lun Fung Court (1903) and the Consulate General of the United States, Hong Kong and Macau, which was granted a 999-year lease in April 1999. The US Consulate had an option to buy the plot as a freehold in its 1950 lease, but this was eliminated in 1999 in exchange for the 999-year lease. The only current freehold in all of Hong Kong belongs to St John's Cathedral, which was granted freehold in 1847 with perpetual ownership under the condition that the land be used as a church. The University of Hong Kong had a freehold, which was surrendered in the 1920s in exchange for a 999-year lease. Some leases were marginally shorter, ranging from 978 to 997 years. In a December 2016 r ...
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Hong Kong
Hong Kong ( (US) or (UK); , ), officially the Hong Kong Special Administrative Region of the People's Republic of China (abbr. Hong Kong SAR or HKSAR), is a List of cities in China, city and Special administrative regions of China, special administrative region of China on the eastern Pearl River Delta in South China. With 7.5 million residents of various nationalities in a territory, Hong Kong is one of the List of countries and dependencies by population density, most densely populated places in the world. Hong Kong is also a major global financial centre and one of the Global city, most developed cities in the world. Hong Kong was established as a British Hong Kong, colony of the British Empire after the Qing dynasty, Qing Empire ceded Hong Kong Island from Bao'an County, Xin'an County at the end of the First Opium War in 1841 then again in 1842.. The colony expanded to the Kowloon Peninsula in 1860 after the Second Opium War and was further extended when Britain obtaine ...
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Chater Road
Chater Road is a three-lane road in Central, Hong Kong named after Sir Paul Chater. It begins at its intersection with Pedder Street and Des Voeux Road Central in the west, and ends at Murray Road in the east. It divides Statue Square into a southern and a northern sections. History Chater Road is named after Sir Paul Chater, a leading figure in early colonial Hong Kong, who was instrumental in the Praya Reclamation Scheme, which created the reclaimed land on which the road is built. Chater House, owned by Hongkong Land, is located at the western end of the road, which abuts the similarly dedicated Chater Garden, a public square in the middle of the central business district. Events Since the growth in the number of foreign domestic helpers in Hong Kong, the road is now usually closed on Sundays and on Hong Kong bank holidays, when the road and surrounding areas are full of domestic helpers gathering and enjoy their day off work. Impromptu parties with music and danci ...
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Standard Chartered Bank Building
The Standard Chartered Bank Building () is a skyscraper located in Central, Hong Kong. The tower rises 42 storeys and in height. The building was completed in 1990. It was designed by architectural firm P & T Architects & Engineers Ltd. History The site was previously home to the bank's former, 16-storey headquarters, built in 1959 and designed by Palmer and Turner. In 1987, during the time of the negotiations of the Hong Kong sovereignty, the land "owner", The Standard Chartered Bank owned the life-time ( 999 years, until 2854) lease agreement with the Hong Kong Government. Around this time, the bank signed an agreement with Hang Lung Group, which now owns the land and the building and were responsible for the development cost and entire construction management. As part of the agreement, Hang Lung Group are required to lease back part of the floor area to Standard Chartered Bank for a long period at a low fee. The new headquarters was designed, like its predecessor, by Pa ...
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Des Voeux Road
Des Voeux Road Central and Des Voeux Road West are two roads on the north shore of Hong Kong Island, Hong Kong. They were named after the 10th Governor of Hong Kong, Sir William Des Vœux. The name was sometimes spelt with the ligature œ in pre-war documents but is nowadays spelt officially as Des Voeux Road. History Beginning in 1857, the northern shore of Hong Kong Island (also known as Victoria City) underwent a series of reclamations under then-Governor Sir John Bowring. The first phase of the Praya Reclamation Scheme had a direct effect on this current street, which used to be known as Praya Central during the Colonial Hong Kong era. Bowring's plans were opposed by British merchants who held lands in the Central area, and in response, the government instead commenced work in land reclamation in the Chinese-populated Western District. By the time the reclamation was extended to Central, the newly reclaimed land in Western had already been settled, and there was a dis ...
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D'Aguilar Street
D'Aguilar Street (, formerly ) is a street in Central, Hong Kong. It is named after George Charles d'Aguilar (1784–1855), Major General and Lieutenant Governor of Hong Kong from 1843 to 1848. Location D'Aguilar Street is an L-shaped street starting from Queen's Road Central, west of Entertainment Building facing straight to Theatre Lane. It runs uphill and meets Stanley Street, Wellington Street, Wo On Lane and Lan Kwai Fong (twice). It turns after meeting Lan Kwai Fong and ends at the junction with Wyndham Street, Glenealy and Lower Albert Road near the Fringe Club. History D'Aguilar Street was the location of the clinic of Filipino national hero José Rizal who lived in Hong Kong from the December 1891 to June 1892. Features The higher section of D'Aguilar Street, together with Lan Kwai Fong, is a famous site for night life in Hong Kong. The area is collectively called Lan Kwai Fong, after the name of one of its streets. Foreign restaurants and bars can be found ...
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Chater House
Chater House () is an office tower in Central, Hong Kong. Opened in March 2003, it is a part of the Hongkong Land portfolio of properties. It has a three-level retail podium, known as Landmark Chater. The building was built on the site of the former Swire House, and was named after Sir Paul Chater. The building faces streets on three sides: Chater Road, Pedder Street and Connaught Road Central. Plot history There were three buildings on the site between 1905 and 1958, namely Mansions Building (Hotel Mansions, later renamed Union Building), King's Building and York Building. Union Building Following the Praya reclamation of 1890–1904, a building was constructed and opened in 1905, that served as offices of Canadian Pacific Ocean Services (G/F) and Hong Kong, Canton & Macao Steamboat Company (1/F). This building was acquired in 1921, and used as its headquarters by the Union Insurance Society of Canton Ltd., and then became known as Union Building (). It was bought by Th ...
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Mandarin Oriental, Hong Kong
The Mandarin Oriental, Hong Kong is a five-star hotel on Connaught Road Central in Central, Hong Kong, owned and managed by Mandarin Oriental Hotel Group. History Construction of the hotel on the site of the colonial Queen's Building on the waterfront in Central Hong KongPress Kits , Mandarin Oriental Hotel Group
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was announced on July 9, 1960, with the name Queen's Hotel. On August 24, 1962, the '''' reported that the unfinished hotel's name had been changed to The Mandarin, because "a nationwide survey of the United States seeking American reaction to the hot ...
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AIA Central
The AIA Central (), formerly called AIG Tower (), in Hong Kong is a 185-metre (607 ft.), 37-storey skyscraper that was completed in 2005 and serves as the headquarters of AIA Group. It is located in Central, not far from the landmark Bank of China Tower. The Furama Kempinski Hotel, famous for its revolving restaurant, formerly stood on the same lot that the former AIG Tower rises from, but in December 2001, the 33-storey hotel was demolished to make way for the AIG Tower. The tower was renamed to AIA Central on 9 July 2009. The building was jointly developed by Lai Sun Development, CapitaLand, and American International Group (AIG). The architectural firm Skidmore, Owings & Merrill designed the building to look like the Chinese junk, a Chinese sailboat design dating from ancient times and still in use today. Leslie E. Robertson Associates are the structural engineers for this project. As well they included a pedestrian bridge linking the tower to the Hong Kong elevated ...
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Connaught Road
Connaught Road is a major thoroughfare on the north shore of Hong Kong Island, Hong Kong. It links Shing Sai Road in Kennedy Town to the west and Harcourt Road in Admiralty to the east. Location The road consists of two adjoining sections, namely Connaught Road Central () and Connaught Road West (). Connaught Road Central runs the length of Central, parallel to the north shore. It runs from approximately Admiralty in the east, where it connects Harcourt Road at the junction with Murray Road. The road ends west at On Tai Street, where it becomes Connaught Road West. Connaught Road West runs towards the Kennedy Town and Pok Fu Lam areas in the west. For most of the stretch, Connaught Road West runs beneath the Connaught Road West Flyover, (Route 4). It is the main thoroughfare to the entrance of the Western Harbour Crossing and beyond to Shek Tong Tsui, where it merges with Des Voeux Road West. History This road was once a waterfront promenade with boats docked against t ...
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Exchange Square (Hong Kong)
Exchange Square () is a building complex located in Central, Hong Kong. It houses offices and the Hong Kong Stock Exchange. It is served by the Central and Hong Kong stations of the MTR metro system. Most part of the Exchange Square is owned by Hong Kong Land, with the remaining portion owned by the Government. The building has three blocks, namely, ''One Exchange Square'', ''Two Exchange Square'' and ''Three Exchange Square''. A shopping block known as ''The Forum'' was redeveloped as an office building in 2011–14. The ground level houses a large bus terminus, Central (Exchange Square) Bus Terminus. Tenants The property is the home of the Stock Exchange of Hong Kong since the 1980s. It also houses many international banking and law firms including Bank of Montreal, Commonwealth Bank of Australia, Lloyd George Management, DLA Piper, Ropes & Gray, RPC, Latham & Watkins and Allen & Overy. Other major tenants include Sixth Street Partners, Aberdeen Standard Investment, ...
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Connaught Place (Hong Kong)
Connaught Place () is a square (and adjacent roadway) near Jardine House in Central, Hong Kong. The General Post Office and Exchange Square have Connaught Place addresses. Opened in December 1977, the square is home to a statue by Henry Moore entitled ''Double Oval''. The square and the surrounding buildings are all built in a 20th-century modern architectural style. History In 1976, Hongkong Land, the developer of the adjacent Connaught Centre (now Jardine House), approached the Urban Council and offered to help fund construction of the square. The company procured a preliminary layout plan and selected the Henry Moore sculpture. On 17 September 1976, the council agreed to proceed with project on a joint venture basis with Hongkong Land. Hongkong Land funded about 25 per cent of the project and retained ownership of the sculpture, while the council covered the remaining cost and managed the space following completion. The square was completed in December 1977. The square and ...
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Conduit Road
Conduit Road is a road in the Mid-Levels on Hong Kong Island in Hong Kong. The road and buildings Conduit Road was constructed in 1910. It is located in Western Mid-Levels. It is named after the aqueduct passing underneath which carries water from the Pok Fu Lam Reservoir to the Central area. It is at the highest point on Victoria Peak reached by the Central–Mid-Levels escalators. It is also the second highest road; second to Po Shan Road; in Western Mid-Levels. The road was renamed as "Izumo-dori" (出雲通) during Japanese occupation of Hong Kong. After the surrender and evacuation of Japanese army, its name was changed back. It is a luxury residential area. One of the road's earliest residents was Catchick Paul Chater, who built a magnificent residence at 1, Conduit Road named 'Marble Hall', whose gatehouse is the only reminder of this connection today. The road interchanges with Glenealy at the east-end with Hornsey Road intersecting next to the "slope section" near ...
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