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  1. Selling subsidised flats made easier

    Posted May 21st 2005, 12:00am by Staff Reporter

    ... Staff Reporter The Housing Authority expects to pocket an extra $182 million in land premiums a year from relaxing rules on the resale of subsidised flats. At present, Home Ownership Scheme flats must be at least five years old before they can be sold on the private market after the payment of a land premium. Flats less than two years old can be sold back to the authority ...

  2. Subsidised flats to be sold

    Posted Sep 22nd 2005, 12:00am by Staff Reporter

    ... Staff Reporter The Housing Society is planning to sell more than 2,700 empty subsidised flats when the freeze on sales of Home Ownership Scheme units is lifted in 2007. A source at the society said the flats would be sold at a 30 per cent discount to market prices. But in order to avoid affecting the property market, the flats would be released in batches over four years. ...

  3. Subsidised flats going for $99,000

    Posted Jul 23rd 2005, 12:00am by Chloe Lai

    ... The authority's subsidised-housing committee will meet next Thursday to discuss the plan. Up to 23,000 subsidised rental flats will be available to tenants. Authority member Chan Kam-lam believes the sales will not affect the market. 'What we are talking about here are low-income families who cannot afford private housing anyway,' he said. It is understood the most expensive flats ...

  4. Stick to the timetable for selling HOS flats

    Posted Apr 14th 2005, 12:00am by Staff Reporter

    ... has plummeted. The change in climate has, understandably, prompted calls for sales of HOS flats to resume. The scheme provides subsidised housing for people on low incomes. Legislators asked ... be built. Once the vacant flats are sold, that should be the end of the matter. It is also important that the government does not subsidise buyers of the flats, as it has done for all prior HOS ...

  5. Land sales plan raises spectre of flats shortfall

    Posted Mar 09th 2005, 12:00am by Peggy Sito

    ... yield about 10,000 flats a year if developers are aggressive in making use of the land. There are also 2,000 government-subsidised homes being turned into private homes that will be put ... for a shortfall of new homes. The discussion focuses on whether the government's newly scheduled sale of residential land, which could accommodate 11,000 flats, together with the supply from the two ...

  6. No clamp yet on well-off tenants of public flats

    Posted Oct 28th 2005, 12:00am by Chloe Lai

    ... on the government to tackle the issue. At present, public housing tenants only need to go through a means test 10 years after they move into subsidised flats. Those who are found to be well-off do not have ... to settle the tenants after they surrendered their flats. The authority's subsidised housing committee discussed the 2006-07 agenda on Wednesday. 'At the end of the meeting, Mr Tam told us ...

  7. Move to bar rich from cheap flats

    Posted Jun 17th 2005, 12:00am by Chloe Lai

    ... Chloe Lai Wealthy tenants should be forced to move out of subsidised rental flats, leaving them for people who truly need the assistance, Housing Authority members said yesterday. Speaking ... need [it],' said Tommy Cheung Yu-yan, the Liberal Party's representative at the authority. Members also debated whether the authority should stop allocating subsidised flats to young ...

  8. Many more singles join queue for public flats

    Posted Apr 25th 2005, 12:00am by Staff Reporter

    ... of the public housing programme. In Singapore, for example, single people aged under 35 are barred from buying a subsidised flat because of a policy of promoting family cohesion. But officials ... C. K. Lau Growing number of young applicants confounds housing officials struggling to cater for them More young single people are applying for public flats, confounding previous ...

  9. HA plans to provide 33,000 new public housing flats

    Posted May 26th 2005, 12:00am by Staff Reporter

    ... LAI YING-KIT Updated at 5.35pm: The Housing Authority?s Subsidised Housing Committee on Thursday passed a proposal to provide 33,000 public housing flats for applicants during the 2005/06 ... for the coming year.? Of the total 33,000 public housing flats, 20,600 (62.4 per cent) will be allocated to applicants whose names are on the waiting list. The remaining 12,400 flats will be provided ...

  10. Tougher penalties for public flat menaces

    Posted Oct 23rd 2005, 12:00am by Felix Chan

    ... proposing that evicted tenants only be permitted to reapply for public housing after an interval of two years. If they are given a flat, it should not be newer, better located or on a better floor, the department said. Lau Kai-hung, deputy director of housing estate management, said the Housing Authority's subsidised housing committee would discuss the proposals on Wednesday. If approved, ...




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