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  • September 18, 2014
  • Last updated: 4:45pm
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  1. News - Hong Kong

    Applications flood in for first batch of subsidised flats

    Posted Dec 28th 2012, 02:31pm by LO WEI

    ... Lo Wei Applications began flooding in on Friday morning from Hongkongers hoping to buy a subsidised flat under the government’s new My Home Purchase Plan. Competition is expected ... in an in IPO [initial public offering],” said Fred Yeung Tsz-yin, a clerk in his early 30s who hopes he and his wife can get one of the subsidised flats. The couple currently rent a flat in an old ...

  2. Property - Hong Kong & China

    Subsidies forcing developers into price competition on new flats

    Posted Dec 05th 2012, 12:00am by Paggie Leung

    ... may be competing with government-subsidised flats for buyers in coming months. Together with Henderson Land and New World's The Reach, which is currently on offer, these residential projects have been tipped to offer some smaller flats at prices starting from HK$3 million, fitting the budget of subsidised-flat candidates, say property analysts. SHKP's Residence 88 ...

  3. News - Hong Kong

    Rush for subsidised flats in Tsing Yi, but repayments are a worry

    Posted Dec 29th 2012, 12:00am by Olga Wong, LO WEI

    ... Olga Wong and Lo Wei Rush for subsidised flats, but repayments a worry Eligible buyers rushed to join a ballot for new subsidised flats in Tsing Yi yesterday even though the mortgage payments could eat up at least half their monthly income. They were seeking homes in the Housing Authority's Greenview Villa Estate, in which flats are being offered at a 30 per cent discount. ...

  4. News - Hong Kong - HOUSING

    Housing Authority to allow higher earners to apply for subsidised flats

    Posted Nov 30th 2012, 12:00am by NG KANG-CHUNG

    ... Ng Kang-chung kc.ng@scmp.com Housing Authority backs a proposal allowing households that earn up to HK$40,000 a month to apply to buy subsidised homes Bargain flats for well-off families ... Authority's subsidised housing committee yesterday endorsed a proposal to allow families with monthly income up to HK$40,000 and assets worth up to HK$830,000 to be eligible to apply to buy the flats ...

  5. Property - Hong Kong & China - HOUSING

    Subsidised flats first to be offered for sale using saleable area

    Posted Dec 21st 2012, 12:00am by Paggie Leung

    ... Paggie Leung paggie.leung@scmp.com Gross floor areas not included in sales information for subsidised units First flats to feature new saleable area details The government's "my home purchase plan" will be the first residential property development in the city to provide flat details in terms of saleable area only, and not gross floor area. The 988 flats ...

  6. Subsidised flats system 'unfair'

    Posted Jan 03rd 2012, 12:00am

    ... Olga Wong olga.wong@scmp.com An academic says the government should take back subsidised housing when the land leases expire- usually after 50 years- but waive land premiums when the flats ... and Construction at the University of Hong Kong. He said it would help retired people who could cash in by selling their private flats and then use some of that money to buy a cheaper subsidised flat ...

  7. News - Hong Kong

    Thousands flock to show flats for subsidised Greenview Villa

    Posted Dec 22nd 2012, 12:00am by Thomas Chan

    ... for their adult children. The Hong Kong Housing Society will in 2015 offer 988 flats at the subsidised Greenview Villa in Tsing Yi, the first under the plan, to individuals with a monthly income ... Thomas Chan thomas.chan@scmp.com Thousands visit show flats for first development being offered under 'My Home Purchase Plan' Buyer buzz is big at Greenview Villa Flats ...

  8. Comment - Insight & Opinion - TALKING POINTS

    Talking points

    Posted Dec 28th 2012, 12:00am

    ... Our editors will be looking ahead today to these developing stories... Subsidised flats open for applications Buyers get the first chance to stake a claim to one of 988 subsidised flats ... per cent of the price of flats of a similar size offered in the private sector, and applicants must have a household income of less than HK$40,000 per month to apply.   Falklands documents ...

  9. Property - Hong Kong & China - LOANS

    Mortgage insurance market set for boost from HOS

    Posted Dec 05th 2012, 12:00am by Sandy Li

    ... for mortgage insurance Big rises announced by the government last week in the income and asset caps for applicants seeking to buy subsidised housing will create a new market for insured home loans, say ... flats and flats in estates over 30 years old. According to the HKMC the total premium payable on a mortgage insurance protection scheme is HK$191,700 or 3.55 per cent of a loan of up to HK$5.4 ...

  10. Demand healthy for new subsidised Sham Shui Po flats

    Posted May 26th 2012, 12:00am

    ... days ago- three times the number of flats available in the Sham Shui Po project. 'The response is good, even though it isn't as strong as it's been for government-subsidised Home Ownership Scheme flats developed by the society in the past- they've been oversubscribed by five times or more,' Eddie Hui Chi-man, a professor at Hong Kong Polytechnic University's ...




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