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RVD: 47 SDU Landlords Convicted and Fined for Breaching Relevant Legal Requirements
2026-09-18 17:44:40 The Rating and Valuation Department (RVD) announced that forty-seven landlords of subdivided units (SDUs), who contravened Part IVA of the Landlord and Tenant (Consolidation) Ordinance (Cap. 7) (the Ordinance), pleaded guilty and were fined between $800 and $18,000, amounting to a total of $162,500, on September 4, September 11 and today (18th) at the Eastern Magistrates' Courts. Since the Ordinance came into force, the RVD has continuously strengthened enforcement actions and has prosecuted a total of 1,603 cases to date. Among the 1,386 cases dealt with by the court, all were successfully convicted, which involved a total of 1,215 SDU landlords, amounting to a total of $3.8817 million in fines. In addition, 217 cases are pending a hearing. ~ AASTOCKS Financial News Website: www.aastocks.com This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. | |