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  1. Subsidised flats on DAB's wish list

    Posted Aug 18th 2010, 12:00am by Staff Reporter

    ... Fanny W. Y. Fung Subsidise families to buy homes. Make developers sell a third of new flats at subsidised prices. Build a guaranteed number of subsidised flats every year. The Democratic ... of a flat. A family would have to pay back the subsidy if it sold the flat bought with it. The subsidised flats should be relatively small, between 600 and 700 square feet, the party's spokesman ...

  2. Latest phase of unsold subsidised flats to hit the market in June

    Posted Mar 30th 2010, 12:00am by Staff Reporter

    ... the years.' Wong also said a relaunch of HOS flats would have little impact on prices in the private market because most of the subsidised flats would go to public-housing tenants instead of other ... Lai Ying-kit Flats that were unsold when the government suspended the Home Ownership Scheme are likely to attract huge interest from buyers when they are put on the market in a few months. ...

  3. Housing Authority mulls options to boost resale of HOS flats

    Posted Mar 05th 2010, 12:00am by Paggie Leung

    ... The Housing Authority will consider waiving the land premium or allowing it to be paid in instalments when Home Ownership Scheme flat owners sells their property in the secondary market. ... to be discussed. One option is to waive the land premium required when a HOS flat owners sells their property, which may encourage more people to buy and sell their flats. Currently, owners can sell ...

  4. Consultation paper on subsidising home ownership biased, critics say

    Posted Jun 02nd 2010, 12:00am by Paggie Leung

    ... Paggie Leung Critics have lashed a government consultation exercise to collect views on subsidising home ownership, saying the framework is biased and lacks substance. A 54-page document, titled 'Public Consultation on Subsidising Home Ownership', was posted on a Transport and Housing Bureau website yesterday. It seeks to gauge public opinion by asking three key ...

  5. URA's Kai Tak flat-for-flat scheme aims to bring hope to those hit by urban redevelopment

    Posted Oct 14th 2010, 12:00am by Staff Reporter

    ... Two sites in Kai Tak have been reserved to build 2,000 flats for the Urban Renewal Authority in a 'flat-for-flat' scheme that will compensate residents affected by redevelopment. A government spokesman said the sites would deliver small to medium-sized flats with modest renovation, unlike previous redevelopments, which were often marketed as luxury properties. ...

  6. Beijing advisers back building new HOS flats

    Posted Aug 12th 2010, 12:00am by Gary Cheung

    ... introduced in the 1970s. The government shelved the scheme- which enabled people to buy subsidised flats- in 2002 to reverse a slump in the market. There have been repeated calls for its resumption ... Wing-kee, a CPPCC standing committee member, said nearly all the 37 delegates at the seminar hosted by Tsang wanted the Home Ownership Scheme to resume. 'Provision of HOS flats could help ease ...

  7. Mediation subsidies for flat disputes

    Posted Dec 02nd 2010, 12:00am by Tanna Chong

    ... A system to help flat owners facing compulsory sale for redevelopment to resolve disputes with a developer will go into effect next month. It is a follow-up to a new law that allows ... Carrie Lam Yuet-ngor told lawmakers the pilot mediation system, lasting a year in the first phase, would subsidise owners to take disputes to mediation. 'We will afford the upfront cost ...

  8. Survey finds most feel flat prices impossible

    Posted Sep 18th 2010, 12:00am by Paggie Leung

    ... Paggie Leung Nearly nine in 10 Hongkongers think prices for small and medium-sized flats are out of the financial reach of an average family and most also support resumption of the subsidised Home Ownership Scheme. This has emerged from a survey two weeks ago by the Democratic Party, which is urging the government to reintroduce the shelved HOS or some other subsidised flats ...

  9. Bulk sale of remaining 4,000 HOS flats okayed

    Posted Mar 27th 2010, 12:00am by Paggie Leung

    ... Paggie Leung The government's proposal to sell the remaining 4,000 flats built under the shelved subsidised housing scheme was endorsed by the Housing Authority yesterday. Nearly 1,200 of the flats are in Tin Shui Wai, while another 1,110 are in Yau Tong and 539 in Ma On Shan. The rest are scattered in different parts of Hong Kong. Four in five of the flats, built before ...

  10. Resale prices of HOS flats hit post-1997 high

    Posted Apr 07th 2010, 12:00am by Peggy Sito

    ... Peggy Sito Resale values of flats built under the Home Ownership Scheme (HOS) hit a post-1997 high last quarter as buyers priced out of the private sector turned to the subsidised housing ... releases in June the remaining unsold 4,000 flats built under the shelved subsidised housing scheme. Nearly 1,200 of the flats are in Tin Shui Wai, while another 1,110 are in Yau Tong and 539 in Ma ...




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