Reduced rents offered at 2 new estates

PUBLISHED : Tuesday, 19 May, 2009, 12:00am
UPDATED : Tuesday, 19 May, 2009, 12:00am

The Housing Authority has offered monthly rents of HK$56 per square metre for 793 flats in a housing block in Yau Lai Estate, Yau Tong, and HK$37.30 for 2,365 flats in three blocks in Tin Ching Estate, Tin Shui Wai. It said more than 92 per cent of the tenants in the four blocks would pay less than HK$1,500 per month with the reduced rents. The two public housing estates are to be completed this year.