In the colonial era, Hong Kong’s land was owned by the monarch; after the reunification, it belonged to the SAR government, so what we call a house is to buy the right to use the house and the land below it. The only exception is the site of the St. John’s Cathedral in Central, which was sold by the government to the Anglican Church (the British Church) for a nominal $1. The coldest knowledge is that the Anglican Church cannot sell the king of the land, because the law also stipulates that the land can only be used for non-profit-making religious purposes. If the purpose is changed, the Chief Executive can take back the land for other purposes.
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