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  • September 21, 2014
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  1. Subsidised rents better than underfunded flats

    Posted Oct 22nd 2003, 12:00am by Staff Reporter

    ... More than three months after a court judgment threw the government's public housing policy into disarray, a long-term solution to the question of just how much tenants should pay remains elusive. The latest proposals floated by the Housing Department ...

  2. Flats-to-hotels plan gets the green light

    Posted Oct 16th 2003, 12:00am by Chloe Lai

    ... A controversial plan to convert more than 700 flats from the subsidised Home Ownership Scheme into tourist hostels will go ahead despite strong opposition from hotel developers. Secretary for Housing, Planning and Lands Michael Suen Ming-yeung said authorities would invite proposals from the business sector to convert two blocks of HOS flats in Ngau Chi Wan and Yau Tong ...

  3. Mainland giant in talks to buy HOS flats

    Posted Sep 11th 2003, 12:00am by Chloe Lai, Peggy Sito

    ... than 20,000 subsidised flats. The company could not be reached for comment. A spokesman for the bureau admitted it had discussed the plan with the mainland company, but refused to disclose ... is that it is a government-backed decision,' Mr Wong said. Wharf (Holdings) assistant director Ricky Wong Kwong-yiu said it would not be acceptable to sell subsidised flats to a private developer. 'The government ...

  4. HOS flat sale far from done deal

    Posted Sep 12th 2003, 12:00am by Chloe Lai

    ... November, when the government suspended sales of the subsidised flats to low-income families. Speaking in Cancun, Mexico, Mr Tang said that the government would not resist mainland and overseas ... The Hong Kong government had not discussed a mainland property developer's proposal to turn vacant Home Ownership Scheme flats into tourist guesthouses, ministers said yesterday. ...

  5. Housing Authority's average subsidy on flats is $1,882 per year

    Posted Jul 17th 2003, 12:00am by Kelvin Chan

    ... yesterday it subsidised each flat to the tune of about $154 each month. ... The Housing Authority lost an average of $1,882 on each of its public housing flats in 2002-03, according to calculations based on the agency's budget and the total number of public ...

  6. HOS flats guesthouse scheme may be illegal

    Posted Nov 26th 2003, 12:00am by Chloe Lai

    ... Chloe Lai Sources say Housing Authority ignored private advice questioning conversion The Housing Authority has disregarded legal advice that converting two blocks of subsidised Home Ownership Scheme flats into guesthouses for mainland tourists could be illegal, according to legal sources. They say the authority has stuck with an in-house legal opinion which supports ...

  7. Guesthouse plan for HOS flats on the back burner

    Posted Sep 01st 2003, 12:00am by Chloe Lai

    ... Business opposition could have scuppered the proposal, says legislator The Hong Kong government appears to have delayed its controversial proposal to convert more than 700 flats from the subsidised Home Ownership Scheme into tourist hostels amid strong opposition from hotel developers. The delay was revealed after members of the Housing Authority questioned what had happened ...

  8. Flat-restriction plan for welfare families attacked

    Posted Dec 10th 2003, 12:00am by Chloe Lai

    ... Chloe Lai A community group says the proposal will widen gap between rich and poor A government proposal to allocate cheaper public housing flats to families living on welfare has been ... of the Comprehensive Social Security Allowance (CSSA). Under current policies, rent on public flats is charged only according to their size. But the department wants to charge higher rent for flats in better ...

  9. Housing Society to help manage old flats

    Posted Dec 31st 2003, 12:00am by Chloe Lai

    ... time yesterday as society chairman, Mr Lee said the organisation was still exploring ways to dispose of a stockpile of 4,000 vacant flats since the government suspended the Home Ownership Scheme last November. The Housing Society is a non-profit organisation set up to provide subsidised housing for low-income families. The society is separate from the Housing Authority, but acts ...

  10. Flat-sales outlook starts to brighten

    Posted Aug 06th 2003, 12:00am by Peggy Sito, Sandy Li

    ... government-subsidised flat since 1997, said Centaline Property analyst Wong Leung-sing. The latest one was the nine-point stimulus package announced in November. Goldman Sachs (Asia) analyst Ting Chuk-kwan ... Relaxing the mortgage ceiling for second-hand flats is expected to be the most effective initiative in the government's stimulus package to be unveiled in October to revive ...




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