What does subway property management do?

Metro property management is about cleaning, monitoring and safety.

The so-called subway property is actually a building with a radius of no more than 500 meters centered on the subway station, which is called subway property; The real estate built on the subway refers to the place where the building is just above the subway station or near the exit of the subway station, which is called the real estate built on the subway. But now many properties flaunt themselves as subway properties and subway traffic.

Because the property development along the domestic subway is different from the overall planning of Hong Kong, many mature areas have been formed along the subway, and the land along the subway has also been allocated or sold to non-subway companies. If we want to adopt the "MTR model" to develop the subway, we must requisition or recover part of the land along the subway, which is the premise for the government to give investors the right to use this part of the land along the subway.

According to the laws of our country, both land expropriation and land use right recovery must conform to the standard of "social public interest". Therefore, how to determine the need of "social public interest" is the key to ensure the legality of land expropriation or land use right recovery.

Extended data:

The business scope and ability of metro property management;

Around the subway station, use subway lines to promote urban development. Subway properties are divided into four categories: hotels, office buildings, shopping malls and residences. The MTRC needs to consider how to achieve the best combination of properties in different lots in order to maximize the land price. The integration of subway and property can first gather people and increase passenger flow;

Secondly, we can give full play to the role of subway station as a regional transportation hub; Third, it can improve the value of the surrounding land. Only by unified planning, construction and comprehensive development of urban underground space can we effectively solve various problems caused by the lack of urban development space, so that the city can maintain good ecological quality and urban environment in high-density development and achieve good economic and social benefits.