DAB Warns Of Guangdong Village Homes Scam

"); jQuery("#212 h3").html("

"); jQuery(document).ready(function() { jwplayer.key='EKOtdBrvhiKxeOU807UIF56TaHWapYjKnFiG7ipl3gw='; var playerInstance = jwplayer("jquery_jwplayer_1"); playerInstance.setup({ file: "http://newsstatic.rthk.hk/audios/mfile_1392047_1_20180419134020.mp3", skin: { url: location.href.split('/', 4).join('/') + '/jwplayer/skin/rthk/five.css', name: 'five' }, hlshtml: true, width: "100%", height: 30, wmode: 'transparent', primary: navigator.userAgent.indexOf("Trident")>-1 ? "flash" : "html5", events: { onPlay: function(event) { dcsMultiTrack('DCS.dcsuri', 'http://news.rthk.hk/rthk/en/component/k2/1392047-20180419.mp3', 'WT.ti', ' Audio at newsfeed', 'WT.cg_n', '#rthknews', 'WT.cg_s', 'Multimedia','WT.es','http://news.rthk.hk/rthk/en/component/k2/1392047-20180419.htm', 'DCS.dcsqry', '' ); } } }); }); });
2018-04-19 HKT 13:40
The DAB party has warned people to be careful about buying property across the border, after receiving dozens of complaints from SAR residents who purchased village homes that were illegally constructed and now face demolition.
Lawmaker Elizabeth Quat said more than 80 people had turned to the party for help over losing an average of more than 300,000 yuan each after signing contracts with the committee running a village near Huizhou, Guangdong province.
Quat explained that under mainland law, villagers are only allowed to buy and sell land in their villages between themselves, but not to any outsiders.
"So this kind of contract they are signing is not totally legal and the government cannot protect their rights because this is not a legal contract," she said at a press conference on Thursday.
One victim said she went to Huizhou to file a complaint with the authorities over the money she had lost, but was detained by police in the city and beaten up.
The DAB said the Hong Kong buyers of the homes had learned about the project from friends living at a reputable housing estate near the village in question, and the victims had signed the purchase contracts through mainland estate agents.
The houses are said to have been built too high and are to be torn down.
A number of victims joined Quat at the press conference, holding up posters saying Hong Kong people are not aware of the risks involved in buying such homes on the mainland.
Quat said the DAB had contacted Huizhou officials for help with the complaints, via Beijing's liaison office in Hong Kong.
HashKey Capital Gains SFC Approval For In-Kind Crypto Fund Subscription
HashKey Capital received approval from the Hong Kong Securities and Futures Commission (SFC) to offer an in-kind crypto... Read more
Alibaba Launches Qwen3 AI Model With Hybrid Reasoning
Alibaba launched Qwen3, the latest generation of its open-sourced large language model (LLM) family, on 29 April 2025. ... Read more
HKMA And Cyberport Launch Second Cohort Of Gen AI Sandbox
The Hong Kong Monetary Authority (HKMA), in collaboration with the Hong Kong Cyberport Management Company Limited (Cybe... Read more
InvestHKs Global Fast Track 2025 Open For Applications
Global Fast Track 2025 (GFT 2025) is now open for applications from today, 28 April 2025, until 21 September 2025. This... Read more
Ant Group To Buy Over 50% Stake In Bright Smart Securities
Bright Smart Securities & Commodities, a Hong Kong-based brokerage, made an announcement on 26 April 2025. Its chai... Read more
InvestHK Seminar In India Spotlights Hong Kongs Strategic Business Edge
Invest Hong Kong (InvestHK), the Hong Kong Economic and Trade Office in Singapore (HKETO Singapore), and the Hong Kong ... Read more