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| (1) Domestic units are classified by relation to saleable areas as below: |
| Small domestic | up to 69.9 m2 | (up to 752 sq. ft.) |
| Medium domestic | 70 m2 to 99.9 m2 | (753 sq. ft. - 1 075 sq. ft.) |
| Large domestic |
100 m2 and over |
(1 076 sq. ft. and above) |
|
(2) Including Housing Authority and Housing Society rental units
(3) Including car parking spaces (4) Including factories and storage premises (5) Including miscellaneous premises such as hotels, cinemas, petrol filling stations, schools, car parking spaces (6) The effects of the rates rebates in 1998-99 and in 1999-2000 have not been taken into account |
EFFECT OF THE RATES REBATE
ON MAIN PROPERTY CLASSES
| 1999-2000 |
|||
| Property Type |
Average Rates Payment Per Quarter after Revaluation |
Average Rebate Amount | |
| |
$ |
$ |
|
| Small Domestic Premises(1) (Private) |
906 | 453 | |
| Medium Domestic Premises(1) (Private) |
2,052 | 1,026 | |
| Large Domestic Premises(1) (Private) |
4,908 | 2,454 | |
| Public Domestic Premises(2) |
489 | 245 | |
| All Domestic Premises(3) |
918 | 459 | |
| Shops and Commercial Premises |
4,785 | 2,393 | |
| Offices |
4,605 | 2,303 | |
| Industrial Premises(4) |
2,532 | 1,266 | |
| All Non-domestic Premises(5) |
4,755 | 2,378 | |
| All Properties |
1,482 | 741 | |
| | |||
| (1) Domestic units are classified by relation to saleable areas as below: |
| Small domestic | up to 69.9 m2 | (up to 752 sq. ft.) |
| Medium domestic | 70 m2 to 99.9 m2 | (753 sq. ft. - 1 075 sq. ft.) |
| Large domestic |
100 m2 and over |
(1 076 sq. ft. and above) |
|
(2) Including Housing Authority and Housing Society rental units
(3) Including car parking spaces (4) Including factories and storage premises (5) Including miscellaneous premises such as hotels, cinemas, petrol filling stations, schools, car parking spaces |